Terrace Hill Group, an AIM-listed property development and investment company, has arranged a £27.45 mln (EUR 28.96 mln) refinancing with Alliance & Leicester for its 129 Wilton Road asset in London. The investment facility replaces the previous development funding provided by Hypo Real Estate.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
