Leumi UK and Westbrooke agree £33m refinancing for former Dunlop factory



Leumi UK and alternative asset manager Westbrooke have agreed a £33m refinancing package for Fort Dunlop, a mixed-use asset in Birmingham owned by EPISO3, advised by Tristan Capital Partners.


The 375,000 sq ft property is on the site of the former headquarters of Dunlop Tyres.

It consists of 300,000 sq ft of office space, 36,000 sq ft of retail and leisure accommodation, and a 100-bedroom hotel.

This marks the second deal between Leumi UK and real-estate manager Tristan Capital Partners, who previously agreed a deal to refinance £30m for One Stratford Place, East London.

Gez O'Sullivan, relationship director at Leumi UK, said: “It is fantastic to extend our relationship with Tristan Capital Partners, following our previous financing agreement for One Stratford Place.

“Fort Dunlop is a well-located and appropriately amenities asset whose strong fundamentals have proved a compelling draw for tenants.”

 



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