InterBay has supported a commercial refinance totalling £54.5m in two central London locations.
The two office locations, Great Suffolk Yard and The Risborough, cover over 80,000 square footage between them and have been created to be agile.
Mo Parmar, specialist finance account manager at InterBay, took the initial enquiry on 8th July, and the case took only 14 weeks to complete – providing a 10-year interest only financial solution.
The buildings have high ESG credentials including BREEAM ‘Excellent’ certified and Energy Performance Certificate (EPC) ratings of ‘A’.
Adrian Moloney, group intermediary director, OSB Group, said: “This achievement showcases InterBay’s prowess in handling substantial transactions and highlights our efficiency in turning around complex deals swiftly.
“With Mo’s collaborative approach including sales, underwriting, and real estate teams working seamlessly as one, it shows once again InterBay’s expert approach to this type of commercial case.”
Ashley Slade, managing partner at AWS Financial Services, added: “Our clients business is built on high-quality long-term business relationships.
“The decision to proceed with InterBay as the funding partner was thoroughly considered to ensure alignment with our aspiration for the properties and core values.
“InterBay maintained a pro-active approach throughout to deliver a very efficient and well-executed transaction.
“The whole team at InterBay were thoroughly impressive and we look forward to working with them for future projects.”
