Barclays Real Estate has provided Bursha Holdings Limited with a £16.3-million (approx. 18.5-million) funding package, which will enable the business to expand its operations by moving further into the retail and leisure sector.
Based in Mayfair, Bursha Holdings Limited is a leading property investment company that specializes in making investments in commercial, residential and retail properties across Europe and America.
The company's current portfolio boasts ownership of modern shopping malls in Northampton and Taunton, along with residential and commercial properties in and around Central London, and international properties such as a Bank of America building in Manhattan.
In securing the recent funding package from Barclays Real Estate, Bursha Holdings Limited will be able to pursue its aims of further targeted expansion, through its purchase of the Theatre District in Milton Keynes.
Daniel Shamoon, Managing Director at Bursha Holdings Limited, said: "Barclays has provided a markedly agreeable and fast-processed solution to our expansion needs, and the guidance and support provided has enabled us to achieve our strategic growth objectives."
Jon Marriott, Relationship Director at Barclays Real Estate, said: "In managing the legal and valuation processes very closely we were able to meet the client's expectations and complete this complex transaction within the timeframe required.
"We've been able to build a close working relationship with Bursha Holdings and look forward to supporting them further with their growth ambitions."
Source: Barclays Corporate