PRS Tower, Battersea
- Client had acquired this newly built asset in cash and instructed us to arrange a term facility to repay its shareholder loans.
- The property, located in Battersea, comprises 45 high end apartments with ground floor commercial units.
- Units were in the process of being let and lender was required to take a view on the letting of the remaining vacant space.
- Following a highly competitive process we secured a very attractive facility from a bank.
- Closing the financing during lockdown made the completion all the more satisfying for all parties involved!