Commercial FinanceDevelopment FinanceNews

Whitehall Capital Fund completes £2.7m development

Whitehall Capital Fund has completed a £2.7m loan for a mixed-use residential and commercial development valued at £4.5m in Plymouth.

The diversified scheme will offer student housing, office and retail space covering more than 33,500 square feet.

The loan is for 12 months at an LTV that must not exceed 70%.

Christopher Khoi (pictured), partner at Whitehall Capital, said: “We are thrilled to have partnered with this developer on such an exciting new project and to be expanding our business footprint across the country.

“This project benefits from a fantastic location in the heart of the city and just minutes away from the main university campus, railway station and Plymouth’s prime retail area.

“The mixed-use property will improve both the student accommodation and office space offering in the city as well as complementing its vibrant shopping district.”



Show Comments

Enter your e-mail address to receive updates straight to your inbox