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Atelier funds £7.8m loan for Bristol office conversion



Atelier has completed a £7.8m development loan, structured at 66% LTV, to fund the acquisition and conversion of an existing office building in Bristol.


Atelier will provide a 17-month development facility for the office-to-residential conversion, converting an existing office building under permitted development rights.

Rav Kudhail, lending director at Atelier (pictured above), commented: “At Atelier, we work with experienced developers who have a deep understanding of their local markets.

“We’re pleased to have worked with a returning borrower to complete this loan.”



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