• Edwardian funded

Hotel owner Edwardian Group has agreed GBP375m of financing to help fund additions and extensions. German funder Aareal has agreed a seven year GBP175m facility, while MetLife has agreed a GBP200m senior debt facility, reports Property EU.

Aareal’s advance is against five Radisson Edwardian hotels in London, with a total 996 rooms. Three properties in London and Manchester underpin the 20 year loan from MetLife.
Read the full story here:
http://www.propertyeu.info/index-newsletter/edwardian-group-refinances-eur-445m-of-uk-hotels/

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