- Starting point
- Existing property
- Focus
- Use and financing
Existing and potential future uses
The financing approach considered income from the existing use alongside assumptions for a potential future use. The longer-term assessment therefore included possible changes in income. A future focus on senior housing was also relevant to the selection of suitable financing partners.
Preparing the financing
Work included compiling concise project information, a credit memorandum and approaching potential financing partners. Alternative uses and the associated income assumptions were presented in relation to the capital requirement. The work evolved across several project stages, with each financing approach based on the use under consideration at that time.
Financing preparation and review of alternative uses · Work undertaken in 2025–2026