Stephenson Harwood Advised Redevco On Loan Financing For £47.5 Million Office-Led Scheme In London

Stephenson Harwood advised Redevco on loan financing for £47.5 million office-led scheme in London

Stephenson Harwood advised Redevco on its first loan financing for the newly launched Redevco debt platform. The £47.5 million facility will support Original Works, a platform jointly established by Invesco Real Estate and Simten, in acquiring and refurbishing the office-led property at 10 Salisbury Square, City of London.

The project comprises a retrofit and extension of a c.56,000 sq. ft scheme to deliver Grade A, future-forward office space with strong sustainability credentials.

The Stephenson Harwood team was led by James Linforth (Partner, Debt Finance), with support from Will Rowling (Managing Associate) and Alexandra Tomlinson (Associate).

The Real Estate team was led by Paul Hayward-Surry (Partner) and Patrick Lundie (Managing Associate).

The Construction team was led by Graeme Barton (Partner) and Jenna Plush (Associate).

The Tax team included Richard Croker (Tax Consultant) and Ruth H. (Associate), with Alex Haynes (Partner, Funds) advising on fund-related aspects.

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