Stanhope’s Chiswick Park buy backed by Bank of China

It is reported that Bank of China financed the £312m acquisition by developer Stanhope and Asian investor Lekker Til of Building 7 at Chiswick Park.
Stanhope has bought back in to the park it developed, and then sold. It was development manager for the building after Blackstone bought the entire park in 2011 and began speculative development of what was the final building in the masterplan.
Building 7 tenants include US-based flexible offices group VentureX, Pernod Ricard, and Danone.
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