Cain pumps £33m into Crewe industrial

Cain International has provided £33m of financing for a new 335,000 sq ft industrial unit in Crewe, Cheshire. The unit is being delivered by Hillwood’s EU Industrial Club IV and will be located less than a mile from the A500 and close to Junction 16 of the M6. The development is targeting BREEAM Excellent and an EPC A rating. Alongside the industrial space, the scheme will also provide grade-A office space. Armin Senoner, director of debt capital markets at Hillwood, said: “This transaction signifies the initiation of a strategic alliance with Cain, as we aim to enhance our debt capital markets presence throughout the UK and other European markets.” Macfarlanes acted for Hillwood on the financing; Addleshaw Goddard advised Cain.