London, UK. 3 March 2023 – Amberside Advisors Ltd are delighted to have supported Aurus in the successful acquisition of a portfolio of >130 social housing units.
Amberside were appointed to develop an acquisition model to support the client’s commercial negotiations and provide a variety of scenarios for both the borrower and lender in the run up to financial close.
Senior financing was provided by Nord/LB with the portfolio underpinned by 35-year leases with the local authority.
Rob Caroline, Senior Manager at Amberside, commented: “We are pleased to have been able to facilitate this transaction, supporting both our client and Nord in evaluation of the project”.
Ends.
About Amberside Advisors
A UK-based company founded over a decade ago, Amberside Advisors offers independent financial modelling and advisory services to large-scale energy, infrastructure and public sector projects. Amberside Advisors supports major infrastructure projects ranging across wind, solar, hydro and biomass, road and rail, schools and hospitals, as well as advising on public service delivery contracts in sectors such as healthcare and justice. Learn more at www.amberside.uk
About Steer
Steer is an independent consultancy working worldwide across cities, infrastructure and transport. We have spent over forty years providing pioneering planning, design and advisory services to government and business. Steer design combines a deep understanding of people, context and function to deliver innovative, user-centred design that helps to make our cities, transport systems and public places understandable, accessible and enjoyable for all.
Steer is led by experienced wayfinding strategists, planners and designers with in-depth technical understanding and experience communicating with clients, stakeholders and communities to successfully deliver engaging, inspiring and lasting projects worldwide. Find out more at www.steergroup.com