Elliot Blatt, Head of Origination at ASK said,
“We very much believe in the HUB and Bridges strategy for repurposing central London office space. The City of London only has residential accommodation for 1.8% of its workers. This building is ideally located in an area that has already attracted a number of conversions to hotels and short-term let apartment buildings. Being near the river at Tower Bridge, St Katherine’s Dock, and the amenities at bankside, makes it a very attractive residential location with the walkability, diversity and culture which people are looking for in city living. It was a pleasure to work with this experienced partnership to provide finance for a project which could provide up to 300 much-needed new homes. We wish them every success.”
