Finance

Octopus agrees loan for retail to resi conversion

By 2019-05-13T07:38:00

Money

Source: Shutterstock/kamui29

Specialist property lender Octopus Property has agreed a £10m, 12-month loan, to support Strawberry Star’s acquisition of 110,000 sq ft of retail space in Harlow, Essex,

Strawberry Star has planning consent to demolish the property and build 447 residential units, for sale and rent. 

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