Greater London
Case Studies
Location: Greater London
Asset Class: Office HQ Building
Loan Type: Acquisition Finance
Loan Size: £14.5M
Year: 2021
space
London based office building comprising 90,000 sq. ft. of B1 accommodation and a 350-space carpark. Property was let on a short lease with less than 12 months of the lease term unexpired.
Client required an 18-month bridge facility to acquire the property, obtain vacant possession, and prepare for redevelopment of the property.
WR Capital arranged a competitively priced, £14.5M loan facility, on an 18-month loan term, with a leading UK Challenger Bank.