DekaBank has closed a £82.5m term loan facility secured against 103 Colmore Row, Birmingham (“103CR”).
The loan is being made available to European Property Investors Special Opportunities 4 (“EPISO4”), a pan European Real Estate Fund managed by Tristan Capital Partners.
Developed in 2021, 103CR has strong ESG credentials with a BREEAM rating “Excellent” and EPC rating A. The building is now 82% leased and has set market leading headline rents for the Birmingham City office market to a broad range of professional tenants.
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