AXA IM Alts gets £480m development loan for 50 Fenchurch Street

AXA IM Alts has secured a £480 million construction loan from Cale Street to fund the development of its 650,000 sq ft (60,000 sqm) next generation office building at 50 Fenchurch Street. This transaction represents one of the largest development loans agreed ahead of any pre-let in the UK…