Blackstone Group LP refinanced the St. Katharine Docks estate in London via a five-year floating-rate debt facility from Allianz Real Estate and Brookfield.

The deal was coordinated by HFF Real Estate Ltd. Allianz arranged the senior facility, while Brookfield provided mezzanine financing through its Brookfield Real Estate Finance Fund V LP.

St. Katharine Docks, central London's only marina, is a 23-acre estate built in 1827, with more than 500,000 square feet of commercial space.

Allianz provided a senior term loan and a CapEx line to redevelop the 90,000-square-foot Devon House building on the estate.