15/08/2018

Capital advises Handelsbanken on re-finance portfolio

The Cardiff branch of Handelsbanken was loaning over £5m to a Cardiff-based property company and came to us for advice.

What we did:

This re-finance involved a portfolio of 23 properties – each of which was commercially let to tenants – in and around South Wales. One of the lenders was leaving the market, and another facility was due to expire, so we had to review and report on this very quickly.

What happened:

We completed the full due diligence and security documentation within the allotted timescale – and on budget.