The New York-based investment management firm worked on the refinancing with the same group of international banks as the original loan — Standard Chartered, CIMB, Maybank, OCBC and DBS.

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In December 2018, the Malaysian investor consortium acquired Battersea Power Station, along with some resi properties as part of a £1.58bn deal. 

At the time, CBRA IM secured the development loan which expired mid-March. 

Tom Berens, senior director and team lead treasury of debt financing for EMEA at CBRE IM, commented: “It will be the largest facility CBRE IM manages.

“What a unique and truly landmark project to be involved in!”