Transitional Asset, Rotterdam
- Private developer instructed BBS to arrange a short term loan facility secured against the iconic Post Rotterdam building located in Rotterdam city centre.
- The purpose of the loan was to refinance an existing facility and release funds to advance design and planning for the conversion of the building into a hotel led mixed use scheme.
- Post Rotterdam is a former post office and renowned for being one of only four buildings in the city centre to survive the Rotterdam Blitz of World War II.
- BBS arranged a 12 month facility with a private family office to meet our client’s requirements.