EVH Finance provided a £90.4m facility for the acquisition and development of 37-39 Clarendon Road in Watford. The site is currently a vacant office building but has planning permission for a 25 story residential tower providing 168 homes as well as a new 8 story building providing 150,000 sq ft of Grade A office space. The development will also have an ancillary café and gymnasium.
The loan was completed in September 2021.