Aylesbury, Bucks
Case Studies
Location: Aylesbury, Bucks
Asset Class: Residential Development
Loan Type: Development Loan
Loan Size: £19M
Year: 2021
space
Collection of 1990s office buildings, comprising 73,000 sq. ft. of accommodation spread across 9 office blocks, arranged in a ‘U’ formation around a central courtyard area comprising 144 car parking spaces.
Planning consent had been granted to convert the property into 163 apartments. Property was purchased by an overseas family office part way through construction.
WR Capital arranged a 24-month, £19M development facility to fund the redevelopment works. The loan was provided by an overseas Bank.