Luxury workspace firm lands £129m Aberdeen-backed refinancing

Luxury workspace firm lands £129m Aberdeen-backed refinancing

A luxury workspace provider whose offices feature novelty themes like Alice in Wonderland and Monopoly has landed a £129m refinancing package.  Office Space in Town (OSiT) has bagged a new debt package which includes around £72m in backing by leading asset manager Aberdeen, City AM has learned. OSiT operates 225,000 sq ft of flexible office space in the UK, including at an Alice in Wonderland inspired site in Waterloo and a superyacht-themed bui…

Office Space in Town (OSiT) Announces Completion of £129 Million Refinancing Agreement Backed By Senior Lender Aberdeen Investments

Deal reinforces confidence in London’s commercial property market and OSiT’s owner-operator model Today, Office Space in Town (OSiT), one of London’s leading flexible office space providers, has announced the completion of a re-financing agreement reflecting growing confidence and investment appeal in London’s commercial property market.  The debt refinancing is valued at £129 million and extends over a minimum two-year period.  Asset managers A…