Financing of Battersea and Clapham Road

RNS Number : 1225Y

London & Stamford Property PLC

27 February 2012

 



27 February 2012

LONDON & STAMFORD PROPERTY PLC

("London & Stamford")

Financing of Battersea and Clapham Road Residential Investments for £21.98 million

London & Stamford Property Plc (LSE: LSP.L) is pleased to announce that it has completed a £21.98 million financing with MetLife of its Bridges Wharf, Battersea and Clapham Road, Oval residential investments.  The facility was arranged by Laxfield Capital.

For further information contact:

London & Stamford Property Plc Raymond Mould Patrick Vaughan Martin McGann	Tel: [phone]
Kreab Gavin Anderson Richard Constant James Benjamin Anthony Hughes	Tel: [phone]

Notes to editors:

London & Stamford Property Plc was set up to exploit opportunities that it anticipated in the UK property cycle and is a group UK-REIT. The Company has a highly experienced management team and invests in and actively manages commercial and residential property, including office, retail and industrial real estate assets, principally in the UK.

The Company is traded on the London Stock Exchange's Main Market (LSP.L) and is authorised by the FSA to carry out certain regulated activities.

Further information on the Company is available from the Company's website: www.londonandstamford.com 

 

END

 

 

MSCEAKALASDAEFF