Octopus Property has agreed to provide funding for a 70-unit residential scheme in Brighton. The specialist lender provided Ktesius Projects with an 18-month senior debt facility worth over 20m – a record development finance loan for Octopus Property – for the project at the former Brighton Astoria cinema.
Octopus Real Estate has agreed its largest-ever residential refinancing deal to cover a scheme of 106 privately rented units. The 28.4m facility refinances an existing development loan on the scheme in Ilford, East London.
Octopus Property funds 20m development deal December 15, 2017 Specialist property lender Octopus Property , part of the Octopus Group, has agreed to provide an 18 month, senior debt facility of over 20 million to Ktesius Projects, the experienced London-based developer, for the development of 70 one, two and three bed residential units, and.
The scheme, approved in January, has a Gross Development Value of over 35 million, with individual units priced from c. 295,000. Construction has commenced on the seven storey building, which will be U-shaped in design and incorporate a landscaped central courtyard.
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A 31.3 million short-term loan to fund the purchase of a West London office development. A record development deal of more than 20 million for a Brighton residential scheme . First loans originated with the new commercial term product and latest Buy-to-let product. Loans completed across residential, commercial and development product sets
tive solutions to the dilemma, indicate our faith in Nasser as a reliable head of state. We still refuse to recognize him ah the inter-national bandit he is. Typical of administration foreign policy is this latest development’ Having failed to squeeze Nasser into submitting to.
Retail and leisure at London’s O2 Arena, including development of new designer outlet scheme 4-year loan split between a development facility and refinancing of existing retail and leisure Trade City, Investec’s JV with Kier Property Development of 11.6-acre trade counter and logistics scheme in Thurrock, Essex 2.5-year loan at 70% LTC
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