Deal 1

Deal 1

Location: City of London
Deal Type: Office Refi Bridge
Loan: £21,200,000
Term: 18 months
LTV: 53%

REL Finance successfully completed on a refinance for a prime London office site. The borrower’s strategy is to complete demolition works on the existing building and obtain a main build JCT contract to redevelop into a multi-storey mixed use office and hotel high riser.