HFF Announces £108M Financing of 127 Kensington High Street in London
HFF (HF)
Last hff earnings: 4/24 04:15 pm
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phx.corporate-ir.net/phoenix.zhtml?c=205281&p=irol-irhome
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Source: Business Wire
LONDON--(BUSINESS WIRE)-- HFF Real Estate Limited (HFF) announces the £108 million bilateral acquisition and refurbishment financing of 127 Kensington High Street, a marquee 127,000-square-foot, mixed-use project in the royal borough of Kensington and Chelsea, London. The HFF team worked on behalf of AshbyCapital. The financing was provided by a global investment bank. Currently a neglected 1970s monolithic brutalist structure, 127 Kensington High Street will be fully transformed into one of the premiere office and retail assets in the area. Included in the acquisition is the adjacent retail arcade, which serves as the entrance to the High Street Kensington underground station. The project is ideally situated between Holland Park and Kensington Gardens and proximate to Equinox, Whole Foods Market and other key local amenities. The HFF debt placement team representing the borrower was led
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