Excello Law NI advises on the £8m refinancing and redevelopment of The Quays Shopping Centre in Newry

 A team from Excello Law NI led by Greg Martin (Partner) has advised Urban Green Private on the refinancing of The Quays Shopping Centre, a retail and leisure complex in Newry.

The funding package provided by Belfast Commercial Funding (BCF) will facilitate enhancement and expansion works to the Centre and ended the company’s administration.

The Excello team comprised Greg Martin, David Wilson and Eoin Hamilton (Real Estate) and James Browne (Finance).

Greg Martin comments: “We are delighted to have been involved in the refinancing of The Quays, which serves shoppers from both sides of the border. Our work on this transaction epitomises Excello NI’s strength across key practise areas including real estate, construction, banking and restructuring. I look forward to the continued expansion and long-term success for this shopping destination.”

As reported in the Irish Times, expansion plans to the shopping centre include a new food court and additional retail offerings.