Half of the 500,000 sq ft commercial development in London's Docvklands is already pre-let to the European Medicines Agency.
The developer has got a £190m loan facility in place specifically for the new building. Õ¥Ö¼§ should start in 2012.
Canary Wharf Group managing director, finance, Peter Anderson said: "We are delighted to have concluded this facility in the current difficult financial market. It shows that with a good consortium of lenders and the right project it is still possible to raise significant construction funding. We can now start construction in early 2012 knowing we have secured all the necessary finance."
Got a story? Email news@theconstructionindex.co.uk