“This transaction presented an opportunity to support a highly experienced global real estate platform on two stabilised, income-generating assets in strong UK locations”
– Damien Hughes – OakNorth
OakNorth has provided a bespoke property finance facility to a European investor advised by Jamestown, the global real estate investment and management platform, to support two landmark UK assets.
The facility covers the acquisition of Lion & Lamb Yard in Farnham, Surrey, the refinancing of existing debt on Lochrin Square in Edinburgh, and further investment activity within the fund. Lion & Lamb Yard is a historic open-air mixed-use destination in the heart of Farnham, comprising 26 retail and food and beverage units alongside 20 residential apartments. Anchored by Waitrose, the scheme also counts Waterstones, The White Company, Côte Brasserie, and Jo Malone among its tenants.
Lochrin Square, meanwhile, is a Grade A multi-let office-led asset within Edinburgh’s Exchange District, one of the UK’s leading office markets. The scheme spans over 100,000 sq ft of office, retail, and ancillary space, with a diversified tenant base that includes Spaces/IWG, Trip.com, Hays, and Ørsted.
“This transaction presented an opportunity to support a highly experienced global real estate platform on two stabilised, income-generating assets in strong UK locations,” said Damien Hughes, senior director of property finance at OakNorth.
“Both assets benefit from high occupancy, diversified tenant profiles, and attractive long-term fundamentals. Jamestown has built an impressive international track record investing in and managing landmark real estate assets, and we’re delighted to be supporting the team on this transaction. At OakNorth, we continue to see strong demand for flexible and bespoke financing solutions from sophisticated institutional sponsors seeking certainty and speed of execution.”
The deal adds to OakNorth’s growing portfolio of property finance transactions targeting stabilised, income-producing assets across key UK markets, as institutional borrowers continue to seek lenders able to move quickly and structure deals around specific requirements.
OakNorth has provided a bespoke property finance facility to a European investor advised by Jamestown, the global real estate investment and management platform, to support two landmark UK assets.
The facility covers the acquisition of Lion & Lamb Yard in Farnham, Surrey, the refinancing of existing debt on Lochrin Square in Edinburgh, and further investment activity within the fund.
Lion & Lamb Yard is a historic open-air mixed-use destination in the heart of Farnham, comprising 26 retail and food and beverage units alongside 20 residential apartments. Anchored by Waitrose, the scheme also counts Waterstones, The White Company, Côte Brasserie, and Jo Malone among its tenants.
Lochrin Square, meanwhile, is a Grade A multi-let office-led asset within Edinburgh’s Exchange District, one of the UK’s leading office markets. The scheme spans over 100,000 sq ft of office, retail, and ancillary space, with a diversified tenant base that includes Spaces/IWG, Trip.com, Hays, and Ørsted.
“This transaction presented an opportunity to support a highly experienced global real estate platform on two stabilised, income-generating assets in strong UK locations,” said Damien Hughes, senior director of property finance at OakNorth.
“Both assets benefit from high occupancy, diversified tenant profiles, and attractive long-term fundamentals. Jamestown has built an impressive international track record investing in and managing landmark real estate assets, and we’re delighted to be supporting the team on this transaction.
“At OakNorth, we continue to see strong demand for flexible and bespoke financing solutions from sophisticated institutional sponsors seeking certainty and speed of execution.”
The deal adds to OakNorth’s growing portfolio of property finance transactions targeting stabilised, income-producing assets across key UK markets, as institutional borrowers continue to seek lenders able to move quickly and structure deals around specific requirements.
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