London:
  • Asset:

    Life Sciences

  • Loan Amount:

    £23m

  • Year:

    2022

  • Client:

    Private Equity Group

  • We were engaged to secure an acquisition facility for our client’s purchase of an office building in Whitechapel, East London.
  • The facility allowed for the Sponsor to secure vacant possession of the property whilst securing planning permission to redevelop the Asset into a state of the art dry and wet lab / life sciences building.
  • The facility was structured in a way to provide flexibility for the Sponsor as it looks to expand its presence in the life sciences sector in specific clusters around the UK.