Investec Structured Property Finance is funding Warrior Property Group’s acquisition of a flexible workspace property in London.
Warrior Property bought the 32,537sqft Buspace Studios office asset from CLS Holdings last month for £13.5m (€15.1m).
Investec said it has agreed to provide the acquisition loan to support Warrior Property’s acquisition of Buspace Studios.
Ian Burdett of Investec Structured Property Finance, said: “Warrior Capital is a long-established client who recognises our track record of executing transactions subject to tight deadlines as well as our understanding of the underlying real estate.
“By securing credit approval at an early stage we were able to provide completion certainty to the client. We are confident that our offering will continue to attract property developers and investors looking to enter the flexible workspace market.”