Cain International
Loan Size
£86M ($105M)
Sponsor
BauMont
Asset Class
Office
Size
96,922 sq. ft.
In June 2022, Cain provided a £86M loan to BauMont for a 96,922 sq. ft. office development in Holborn, London.
The asset was acquired by BauMont in January 2021 and development manager YardNine. Located in City Mid-town in close proximity to Farringdon the development benefits from easy access to the newly opened Elizabeth Line – via Farringdon, City Thameslink and Chancery Lane stations, with a diverse range of cultural, leisure, retail and educational amenities nearby.
The building has been named “Edenica” as a reference to the extensive outdoor spaces which form part of the scheme and adjoin it. The project is targeting the highest environmental standards of BREEAM Outstanding, WiredScore, SmartScore and WELL certifications. Sustainability, technology and wellbeing are extensively incorporated into the design to ensure the building uses as little energy as possible and achieves Net Zero carbon emissions.
