Newbury, Berkshire

Contact

info@wr-capital.co.uk

020 7971 1309

1 Duchess Street

London

W1W 6AN

Case Studies

Location: Newbury, Berkshire

Asset Class: Residential Development

Loan Type: Finish & Exit Facility

Loan Size: £13M

Year: 2020

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  • Partially complete office to residential scheme comprising 4 office buildings situated within a former business park located in Newbury, Berkshire. 

  • The property was being redeveloped to provide 108 apartments and the developer required a loan facility to fund the outstanding construction works.

  • WR Capital successfully arranged a £13M ‘Finish & Exit’ facility for a 12 month term, which provided the additional liquidity needed to finish the scheme and market the completed units to prospective purchasers.