New financing for the Point in Paddington, W2, will include an ongoing donation to the nearby St Mary’s Hospital.
The £120m, five-year loan on Tishman Speyer’s 233,539 sq ft office building includes an innovative community-linked impact feature.
This will see BNP Paribas and DekaBank waive part of their remuneration, instead making a matching contribution to a selected charity on an annual basis.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
