Location
Waterloo, LondonLoan Amount
£390MSize
572,600 sq ftIn October 2014, Cain International announced it would provide £390M to Almacantar for the forward funding and development of One and Two Southbank Place.
The loan facilitated the development of two office towers. One Southbank Place is a new landmark headquarters for Shell International’s downstream business while Two Southbank Place was a speculative office and retail development.
In April 2018, the office space was pre-let to WeWork and in February 2019 the loan was fully repaid.