Investment fund Squarestone has agreed a £125m syndicated loan facility with Royal Bank of Scotland and Barclay to fund its Squarestone Growth strategy.
The firm has said it will use the loan to acquire UK-based commercial property assets, with strong income profiles and clear and deliverable capital growth opportunities.
Hugo Denée, managing director of Squarestone said: “We are delighted with the new facility from Barclays and Royal Bank of Scotland. Both banks have demonstrated a deep understanding of our business and strategy and have been able to provide very high-quality delivery on the ground, working at considerable pace throughout.”
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