21st September 2022
Specialist lawyers have advised property investment and development company, Evans Property Group (Evans), on a £200m refinancing of a loan agreement with NatWest and Barclays.
Privately owned Evans is a long established private property investor and developer. The company is a major investor in the Leeds and wider Yorkshire region, with a property portfolio consisting of Grade A investment properties with secure long leases and a substantial development land bank.
The refinancing will help Evans to continue their strategy of investing and developing a wide range of properties and sites across the UK.
Laura Lister and Laura Swift (Banking & Finance) led the Walker Morris team with support from Paul Laverty and Hannah Levy (Real Estate).
Rob Marshall, Group Finance Director at Evans, commented:
“The refinancing is an important step for the Evans Group and secures our funding for the short to mid-term. The Walker Morris team supported us through this process and were a pleasure to work with. Laura provided a hub for the multiple workstreams involved driving each along very efficiently with the minimum of fuss.”
Laura Lister, Director at Walker Morris added:
“We are delighted to have advised Rob and the team at Evans. The refinancing will support Evans’ future growth plans and will allow the company to continue its expansion on a number of sites across the UK and further achieve its goals.”