Finance granted for Tobacco Dock development

19th February 2016

Property management group Al Mubarakia has secured a £21m debt facility from Gatehouse Bank to fund the conversion of an office block at Sovereign Court, near Tobacco Dock in Wapping, into 124 one- and two-bedroom apartments. The project, part of a larger plan to develop the area around Tobacco Dock, is expected to take nine months to complete.

Property Week (18/02/2016)