UAE's Damac secures £175 million in bank finance for Versace branded tower in London
The overseas arm of Damac has secured £175 million (Dh840.43 million) to fund its residential 50-storey project in London. These funds were raised from three lenders, including Barclays Bank, which acted as the UK lead bank, Burgan Bank, and Emirates NBD. The developer has also put in equity into the…
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