Newmark Arranges £325 Million Commercial Real Estate Financing for Brookfield's 30 Fenchurch Street Office in London

Newmark Group, Inc. (Nasdaq: NMRK) has arranged a £325 million loan to refinance 30 Fenchurch Street, a fully occupied prime Central London office building, on behalf of private real estate funds managed by Brookfield Properties, the firm announced June 9.

OCBC and Mashreq provided the funding for the transaction. The deal was arranged by Matthew Featherstone, Head of Debt and Structured Finance, Europe; Vice President Matthew Kang; and Associates Tushar Gupta and Stevan Spasenovic.

Asset Overview: A Fully Occupied City of London Office

30 Fenchurch Street spans 544,883 square feet and is described in the announcement as a global hub for insurance, finance, legal and media occupiers. The building is located in Central London and is currently fully occupied, according to the firm.

Since acquiring the property in 2021, Brookfield has undertaken targeted investment focused on improving the building's sustainability credentials and energy efficiency. That work has included transitioning the building away from fossil fuel use, according to the announcement.

Financing Details

The £325 million refinancing was funded by two lenders — OCBC and Mashreq. Additional loan terms, including loan term, interest rate, and recourse type, were not disclosed in the announcement.

The transaction was structured by Newmark's European Debt and Structured Finance team. Newmark, which generated revenues of more than $3.4 billion for the twelve months ended March 31, 2026, operates from over 185 offices with more than 9,600 professionals across four continents.

Brookfield's Investment Strategy at 30 Fenchurch Street

Since acquiring the property in 2021, Brookfield has undertaken targeted investment focused on the asset's environmental performance. The sustainability-oriented capital program includes work to reduce reliance on fossil fuels, according to the announcement.

The building's full occupancy and its tenant base across insurance, finance, legal and media sectors are noted in the announcement as characteristics of the asset.

Sources: Newmark Group, Inc. via PR Newswire, June 9, 2026