Investec Bank (Channel Islands) Limited has supported Harlyn Holdings Limited (Harlyn) with acquisition funding for the redevelopment of Rock Health Guernsey, formerly known as Island Bowl.
Scheduled to open in 2021, Rock Health will be the first multi-use fitness centre in the Island and is set to become the premier destination for class-based training, sport and fitness brands. A comprehensive refurbishment is currently undergoing detailed design.
Scott Philpott, from the Corporate and Family Office team at Investec commented: “We have developed a strong partnership with the senior management at Harlyn since we backed the acquisition funding for the redevelopment of Rock Health Guernsey property earlier this year. We have been closely involved with the business since then, providing further finance for the completion of the fit out. This deal is a great example of Investec’s commitment to keep the client at the core of our proposals and our personalised solution-driven approach.”
Harlyn’s Luke Daynes commented: “We are delighted to be working with Scott and the Guernsey Corporate and Family Office team at Investec. Their understanding of our business and our objectives was crucial in this deal and we look forward to establishing a long-term relationship with the bank.”
Investec has also provided funding to Harlyn for the acquisition of a shell and core unit plus forty parking spaces at the Royal Terrace development.