Travers Smith LLP has advised longstanding client AshbyCapital (Ashby) on the refinancing of its retail park portfolio, including a c.£82 million loan from existing lender Deutsche Hypo.
The portfolio includes Abbotsinch Retail Park in Glasgow, Westside Retail Park in Guiseley and Morfa Retail Park in Swansea. All three properties are fully let.
Danny Peel, Finance Partner, commented: "We are pleased to have advised on this successful refinancing, demonstrating the strength of Ashby's portfolio in a sector which continues to see increasing demand from investors."
The Travers Smith team was led by Finance Partner Danny Peel, and Associates Alastair Lowson and Charlie Gerlack.
Travers Smith advised Ashby on the refinancing of its Westside and Morfa retail parks in September 2023.
