Cain International
Loan Size
£450M ($565M)
Sponsor
Canary Wharf Group
Asset Class
Office
Size
715,000 sq. ft.
In 2017 Cain International provided a development loan to the Canary Wharf Group for the construction of a 27-storey high quality prime office tower across 715,000 sq. ft. in Canary Wharf.
The asset was 40% pre-leased to Société Générale on a 25-year lease, with the remaining space subsequently let to the EBRD prior to completion of the development.
The loan was repaid in 2019.
