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Aviva loans Helical Bar £81m
Helical Bar has secured an £81m debt facility from Aviva Commercial Finance to refinance a trio of assets in the UK. The 10-year loan allows for drawdowns of up to 63% of value and have a fixed interest rate of 2.48%. The assets are two office buildings in London – the 150,000 sq ft Shepherd’s Building in Shepherd’s Bush and the 35,000 sq ft One King Street in Hammersmith - as well as a retail asset within its 250,000 sq ft Morgan Quarter in Cardiff.
