Wilcox Road

LEXI acted for a high-profile Swiss property developer who was entering the UK market. The site was purchased with consent for 22-apartments and there was a key strategic goal to price the apartments for the mid-to-high end but undercut competing schemes in Nine Elms and Battersea Power Station. The client sought maximum leverage to drive the projects IRR and ROE so a development facility reflecting a LT-GDV of 73% was secured.