Cardiff Capital Region in £15m loan for completion of major office scheme

Cardiff Capital Region Loans £15m to New City Centre Office Space

Cardiff Capital Region’s (CCR) Strategic Premises Fund has loaned £15 million into a new 114,000 sq.ft office block in Callaghan Square in the centre of Cardiff, financed by CCR via a debt-loan to developers JR Smart. Lloyds Banking Group is set to take a 10-year lease on the entire building, with 3,000 employees due to move into the new office accommodation. John Street is a prime office building, designed to the highest standards and targeting…

Commercial Finance Case Study

£3,105,000 Commercial loan for 5 storey offices Large Loan Case Study Brightstar successfully facilitated the purchase of a fully let, 5-storey commercial office building for £3,105,375. The finance was structured with a 75% LTV, secured at a competitive 7.89% 2-year fixed rate. The property was a fully…

Cardiff Capital Region Loans £15m to new Office Space in John Street, Cardiff

News from Wales CCR assists funding of new build in central Cardiff with Lloyds Banking Group as pre-let... The post Cardiff Capital Region Loans £15m to new Office Space in John Street, Cardiff appeared first on News from Wales.

Cardiff Capital Region in £15m loan for completion of major office scheme

The loan to JR Smart will finance completion of its 114,000 sq ft John Street office building which will be occupied by Lloyds in the centre of Cardiff