Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

News » UK
    Print Print 

Ærium achieves €68 million refinancing of Portfolio

Ærium has completed a €68 million (£57 million) refinancing of its Mayfair portfolio with Deutsche Asset Management, on behalf its senior debt fund. The Mayfair portfolio comprises three prime office and retail properties delivering 43,400 sq ft of Grade A office space, and 7,800 of retail. The properties, two of which are located on Grosvenor Street and one on Savile Row, benefit from a diversified tenant base.Commenting, Robin Carr, Director at Ærium, said: „Ærium's ability to partner with Deutsche Asset Management is testament to the quality of our Mayfair assets and our ability to convert a value add portfolio into one of Core quality. This refinancing further supports Ærium's value-add strategy and highlights its expertise in...[…]