Sign up to The Irish Times Archive (1859 - 2008)My Account »
Tue 11 Nov 2008Extra funding for Battersea power station development
THE TREASURY Holdings-backed property investment vehicle, Real Estate Opportunities (REO), has secured an additional €50 million in funding for its planned conversion of a London landmark.
The company said yesterday it had secured a £40 million (€50 million) increase in its existing £185 million debt facility for Battersea power station, the historic property it bought in 2006 for €600 million.
Choose a Subscription type - required
