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DevSecs secures Abbey Wood forward-funding

Development Securities in joint venture with Berkshire Investment Capital has secured £38.1m of forward-funding from Canada Life for the first phase of development at Cross Quarter, Abbey Wood, at a yield of 4.41%.
CoStar News
February 3, 2014 | 1:16 P.M.

The funding will finance the development of an 81,000 sq ft foodstore, prelet to Sainsbury's, which will anchor the £85m mixed-use regeneration scheme.

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