Squarestone agrees £125m loan facility

Eagle Court Business Park 1

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.”

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue