UTB completes £3.76m Nacropolis loan for off-market acquisition
the purchase came with the benefit of planning consent, but Nacropolis wished to explore ‘alternative redevelopment angles’ for the site and needed bespoke funding for the scheme
Structured property finance group United Trust Bank (UTB) has provided a £3.76m loan to the development company Nacropolis to seize a time-sensitive, off-market acquisition.
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