The loan will be used to help to secure the purchase of a 14,500 sq ft office building in Newman Street, London.

The family office of entrepreneur Teddy Sagi (pictured above) – which was established in October 2016 – worked with Topland Group to provide funding for the commercial property purchase.

Topland Group provided the senior debt for the £14.5m acquisition, while Saranac Partners acted as an adviser for the transaction. 

A spokesperson for Globe Invest, said that it believed that this project would have an impact on helping the area to maintain its character and edge.

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“Our business and affiliate entities are well positioned to support not only the funding requirements needed by developers to reconfigure their office and residential projects, but also to assist via our affiliate technology companies’ state-of-the-art procurement and ‘smart building’ capabilities.”

Tom Betts, head of structured finance at Topland Group, added: “Topland’s structured finance team has once again performed within tight time constraints and provided another stretched loan for a core London asset. 

“This brings our total lending to over £1.15bn.”