Commercial Investment

Property Type: Office, retail, industrial, warehouse, hotel and leisure and portfolios
Loan to Value (LTV) : A key factor in any financing decision, consideration is also given to the quality of the tenant(s) and the duration of their lease.
Term and repayment: Negotiated, typically 3-5 years. Consideration is given to project cash flows and repayment capacity.
Interest rates: Variable rates linked to LIBOR. Fixed rates and flexible hedging instruments available.
Fees: Negotiated, arrangement fees and the Bank's legal and valuation costs are payable by the borrower.
Borrowing vehicles: Flexibility in respect of the borrowing vehicle structure
Security: Includes, first legal charge over freehold and leasehold properties, assignment of rental income, floating charge security, guarantees and life cover where appropriate.

CASE STUDY

A medium term loan representing a LTV of 80% was arranged to fund the purchase of a regional shopping centre. The facility enabled the borrower to actively manage the centre over a 5-year period, establishing a higher provable rent and selling via private treaty. The loan was part hedged and allowed for an element of interest only at the beginning of the term.

Medium term loan representing a LTV of 75% was arranged on a multi-let office building in a major UK city. The building contained an element of vacant space and short-term leases and a loan was provided to enable the borrower to refurbish the various floors as space became available. Once fully let and income producing the property was sold by way of private treaty

If you wish to discover how Anglo Irish Bank can help you please contact:

Tel: +44 (0) 20 7710 7276
Email: [email protected]