EVH provided a £90.4m facility for the acquisition and development of The Clarendon in Watford.
The site is currently a vacant office building but has planning permission for a 25 storey residential tower providing 168 homes as well as a new 8 storey building providing 150,000 sq ft of Grade A office space. The development will also have an ancillary café and gymnasium.
Loan Completion Date – September 2021.