Cain Hoy, the London-based investment company, has provided financing worth £290 million (€336 million; $376 million) to the UK arm of Indian real estate developer Lodha Developers. The financing follows an £80 million bridge financing which Cain Hoy provided to the developer in October.
Matteo Milan, director at Cain Hoy, told PDI the new facility is being used, in part, to refinance the previously-provided financing.
