fbpx

ICG Loan for London Office Portfolio

16.09.20

The real estate division of global asset manager Intermediate Capital Group plc (ICG), has completed a £90m (c. €97.7m) senior loan secured by a London office portfolio. The portfolio is owned by Maurice Investments, a privately-owned investment and development company with a primary focus on the technology, media and telecoms sectors in East Central London.

The portfolio is situated in Old Street, Shoreditch, Clerkenwell and Aldgate. Several of the assets have already received Cat A refurbishments and all will benefit from the growing tech sector and connection improvements on Crossrail, as well as the continued regeneration of the area.

“We are delighted to have concluded this financing with Maurice Investments despite the challenges presented by Covid-19,” said Louise Dooly, Managing Director at ICG Real Estate. “The group has continually invested in this portfolio over several years in response to changing occupier needs, and it now delivers first class office and amenity space to support the demands and wellbeing of their growing list of tenants. These dynamics will be a key focus for the office environments and workplaces of the future, and we look forward to supporting Maurice as they continue their investment programme.”

“Over the last eight years we have invested heavily into our portfolio, bringing them up to best in class through refurbishment or development programs to include Cat A or Cat B fit outs and with a heavy focus on sustainability, well-being and smart building technologies,” added Gavin Wogman, Managing Director at Maurice Investments. “As such I am delighted that ICG Real Estate recognise the undoubted hard work that has gone into these properties and thus provided the financing to continue improving these assets to suit any future tenant changes in working behaviors whilst adapting to how the future of the office environment will look and feel.” Debt advisory firm Kingwood Associates acted for Maurice Investments.

Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • The Hideaways Club
  • Monaco Real Estates
  • RDO
  • Rosemont Consulting
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Cyan International Properties
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Lida Cucina
  • Pedini London
  • Alexander James
  • Wings
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Smart Currency Exchange
  • Prestige Architects
  • Worldwide Property
  • Panorama
  • Dimora
  • Dominic McKenzie Architects
  • The Coastal House
  • Chamonix Ski Chalet
  • Luxe Caribbean Properties
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • London Fractions
  • Page Architects
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • b-williams-management
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Experience Invest
  • Move 2 Gozo
  • Deborah Garth
  • Extex
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • eastwood private client
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder
  • Swoffers
  • Guernsey Relocation Services
  • Douglas Graneto
  • Strutt & Parker
  • wilsons
  • MJC Associates
  • plainspace
  • Fine & Country
  • Bramble Ski
  • Page Architects
  • Penthouse queen
  • Sarco_Affiliate_Logo
  • taylor wimpey
  • cooper-gardner
  • M Design Architects
  • codan
  • Lovells
  • London DE
  • HELENA JORNET FINQUES
  • Prime Lands Group
  • Bellegarde Estates
  • Sinclair
  • Pippa Paton
  • Ecole d'Humanite
  • Miller
  • Benedek Lewin
  • Inspired Villages
  • Huelin Homes
  • Gaudin
  • Lovells Property
  • Racecourse Lodge Logo
  • Paseo
  • Moores Rowland
  • Lemay + Escobar
  • Octagon
  • Locate Isle of Man
  • Newlands of Stow
  • Hawksford
  • Holdun
  • St George's International School
  • Schule Schloss Salem
  • AR Architecture
  • lazaro
  • Sella Concept

Enter your dream destination