A fund advised by European investment advisor DRC Savills Investment Management LLP (DRC SIM) has provided a whole loan to finance the acquisition of a portfolio of four industrial and office assets at Dales Manor Industrial Park in South Cambridgeshire.

Purchased by EPISO 6, a fund managed by Tristan Capital Partners, the portfolio, located in southern Cambridge, comprises two industrial assets, an office, and a consented development plot all with an underlying science and technology repositioning focus.

DRC SIM’s UK Whole Loan Fund Series (UKWLF) provided the capital for this £34m facility, which consisted of investment and development tranches. The UKWLF funds provide investment and development loans (from £15m – £125m) across the UK up to a 70% LTV / LTC.

Mark Gibbard, Principal at DRC SIM, comments: “We are thrilled to have established a new lending relationship with the Tristan team. Completion of this facility demonstrates DRC SIM’s continued conviction to deploy capital into sectors with strong supply demand dynamics, enabling execution of transformative business plans to enhance value and income profiles.”

DRC SIM received legal advice relating to the transaction from Simmons & Simmons (UK) and Mourant (Jersey). Commercial advice was provided by Knight Frank, TFT Consultants, Gallaghers, Situs Asset Management and Mount Street Mortgage Servicing Limited.

Completion of this facility demonstrates DRC SIM’s continued conviction to deploy capital into sectors with strong supply demand dynamics, enabling execution of transformative business plans to enhance value and income profiles


Discover more from Estates Review

Subscribe to get the latest posts sent to your email.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Discover more from Estates Review

Subscribe now to keep reading and get access to the full archive.

Continue reading