Lakeside Secure Funding

A LOAN deal to secure the future Lakeside Shopping Centre has b een struck to secure the future of the popular shopping hub.

DekaBank, Eurohypo, Helaba, Lloyds, Pfandbriefbank, Santander and WestImmo have undertaken the £525 million loan.

Speaking to The Enquirer, Finance Director of Liberty International Ian Drury said: “Liberty International is pleased to have agreed a significant long-term bank financing and this speaks well of the quality of Lakeside and the strong support that the group enjoys from its banking relationships.”

Liberty owns Capital Shopping Centres that owns and manages Lakeside and 13 other shopping centres in the UK.

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