Callaghan Square, Cardiff

development Loan

London Wall has provided a £22.2 million refinancing packaging for the refurbishment of a 94,000-square-foot office at 1 Callaghan Square, Cardiff. The overhaul of the building will provide a modern, sustainable space for occupiers in the region, including Eversheds Sutherland.

  • Location: Callaghan Square, Cardiff
  • Loan Amount: £22.2m
  • Type: Commercial Development
  • Term: 24 months
  • LTGDV: 65%

Key ESG considerations:

  • Works are to add new technologies which greatly improve the energy efficiency of the building, and in turn, bringing current EPC rating up to ‘B’.
  • The existing gas fired heating system will be replaced with an electrically powered system with electricity being procured from renewable sources.
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