Soller is delighted to share the news of the refinancing our Base Glasgow student housing development. The refinancing was undertaken with Sequoia Investment Management and represents another key milestone in the development process. The refinancing coincided with a fantastic launch, with Base being over 98% let. The success of the scheme is indicative of Soller’s attention to detail in the acquisition and design phase and also the skill of all the extended team involved in the development process.
Dimitrios Papatheodorou, Vice President at Sequoia Investment Management:
“It has been an honour to have worked together with Soller and provide financing for this unique project. Base Glasgow is already setting new standards for student accommodation in the city, while serving the needs of young talent from around the globe at one of the world’s top tertiary education institutions for performing arts.”
Nick Treadaway, Founder & CEO of Soller Group:
“We are delighted to have successfully refinanced Base, an asset that sets a new benchmark for Student Accommodation in Glasgow and the wider UK. The feedback from students has been fantastic and the full occupation is a testament to the build quality and unparalleled location. It has been brilliant working with Sequoia, who have shown themselves to be professional, and a partner in every respect. We look forward to the possibility of working together in the future.”