PMM Real Estate Finance (“PMM REF”) has provided a £14m loan secured on Explore Industrial Park.
The property, located in Worksop, comprises a manufacturing and office facility, extending over 300,000 sq. ft, and is the most advanced of its type in Europe.
The property is wholly occupied by Laing O’Rourke, the UK’s largest privately owned construction company.
Jasdeep Mudher of PMM REF commented:
“We are extremely pleased to support the refinancing of Explore Industrial Park. The property is a state of the art manufacturing facility let on a long term basis to a strong covenant.”[Ends]