Leeds office asset case study

Facility: Senior loan
Asset type: Office with alternative-use potential
Location: Leeds city centre

Joe Freedman, Head of Origination, ASK

“This is a very well-located asset with a strong tenant covenant. Leeds has a growing population of young professionals and students, significant job creation and large-scale regeneration projects. The transaction reflects ASK’s ongoing strategy to fund income-producing assets with potential for alternative use.”

Paul Olding, Partner, Saqr Capital

“ASK understood both the immediate income strength of the building and the longer-term opportunity the site presents. Their ability to structure a facility that supports our plans made them the ideal funding partner. We look forward to working with them as we explore the next phase for Hepworth House.”