Finance

ASK Partners writes loans for Crossrail route schemes with £200m GDV

By 2018-11-09T00:00:00

Montreaux Ilford Retail Park

ASK Partners has written loans on development projects close to train stations at each end of the Crossrail route with a total gross development value of around £200m.

The real estate finance specialist founded in 2016, provided an £11.9m senior loan to support Montreaux’s acquisition of Ilford Retail Park in East London for £17.65m.

It also provided a £13m mezzanine loan to fund Mackenzie Homes’ development of 117 flats at Vanburgh Court in Slough.

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