MetLife backs GAW Capital with £275m loan

MetLife has led a circa £275 million financing of Hong Kong-based GAW Capital’s latest investment into the London market. The US insurer has provided a ten-year loan, reflecting a loan-to-value of around 55 percent, to a GAW-led consortium to finance its purchase of the 480,000 sq ft 123-151 Buckingham Palace Road in the Victoria area of the capital.