£21m loan facility supports Cardiff office acquisition

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FRP Real Estate Advisory has arranged a £21 million commercial acquisition loan facility with Shawbrook Bank to support the purchase of an office building in central Cardiff amid market volatility, including a fixed rate period restructure.

FRP Real Estate Advisory has arranged a £21 million commercial acquisition loan facility with Shawbrook Bank to support the purchase of an office building in central Cardiff. The transaction was restructured during a period of market volatility to incorporate a two-year fixed rate period. The post £21m loan facility supports Cardiff office acquisition appeared first on PropertyWire.