Cain International

London, U.K.

The Baltic Exchange

Loan Size

£28M ($37M)


ARGO Real Estate

Asset Class



42,883 sq. ft.

In November 2021, Cain International, via its Fortwell strategy, provided a £28M loan to ARGO Real Estate for a 42,883 sq. ft. office re-development in the City of London.

The project will transform the Grade II listed commercial office building, located adjacent to the Gherkin tower and fully refurbish its interior. The development will also adopt first-class ESG credentials, targeting BREEAM outstanding, as well as aiming to be run on all-electric, zero carbon in operation basis.