Macfarlanes advises Venn Partners on PRS facility and related bond issuance
Macfarlanes has advised debt fund manager, Venn Partners, on a £46.7m facility to Invesco Real Estate to refinance a portfolio of 580 purpose-built PRS developments located in Bracknell, Exeter, Bedford, Crawley and Stevenage.
The portfolio was recently acquired by a joint venture between Invesco Real Estate and Westrock.