One Crown Place is a prime City of London office asset submitted by British Land via email on January 15, 2025. The deal comprises a £350M senior secured loan request at 65% LTV for a 5-year term. We received 6 documents including valuation report, rent roll, building survey, environmental assessment, lease agreements, and borrower financials. All initial screening criteria have been satisfied. The deal was approved for screening by Sarah Chen on January 18, 2025.
Approved by
Sarah Chen
Date
Jan 18, 2025
Next Stage
Screening
Deal meets all initial screening criteria. British Land has a strong track record as a leading UK REIT with 12 similar City of London assets under management. Recommend proceeding to Screening stage.