News

Knight Frank arranges debt facility for Hyundai’s £55m NHS HQ deal

By 2019-05-22T12:48:00

9 West - Gyle Square Edinburgh

Knight Frank Debt Advisory has arranged a three-year debt facility at 65% loan-to-value for Hyundai Asset Management’s purchase of Gyle Square, the NHS’s headquarters in Edinburgh, for £55m.

Acting for DB Financial Investment on its first underwriting of a UK property purchase, Knight Frank arranged the debt facility from ICICI Bank UK.

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