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Access here alternative investment news about Investec Backs Floreat With A Further £29m Loan | News | Ipe Ra
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Investec Backs Floreat With A Further £29m Loan | News | Ipe Ra

by realassets.ipe.com posted 2months ago 21 views
In May, Investec provided a £19.3m loan to Floreat. : Investec Structured Property Finance has more than doubled its investment loan to Floreat Real Estate with the provision of a further £29m (€32.6m) facility. In May, Investec provided a £19.3m loan to Floreat to help fund the acquisition of The Old Vinyl Factory development in West London. Investec said it will provide Floreat with a new £29m loan to reposition and enhance existing income at two multi-let office buildings in Bristol and Cardiff. The 137,070sqft,18-storey Bristol property is let to 17 tenants.

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