Funding a leading co-working operator with a pref-equity investment
- Private equity investment relating to the acquisition of a desirable 16,000 sq ft, 4 storey office building in Islington, London
- Transaction value exceeds £10 million
- The investment was structured as a joint-venture between Excellion and the Adir Group, which has relevant experience and a strong track record in the sector prior to this transaction
- The Adir Group had been operating this asset as a co-working location under the Net.works brand
- Excellion led the structuring and execution of this transaction, via its affiliated, discretionary investment fund
