The funding was arranged by real estate advisory firm Moorhall Capital on behalf of Rocket Properties.

The Provost & East Building comprises 95,000 sq ft of office and retail space.

The office component is majority let to WeWork, with other tenants such as software developer Similarweb.

Commenting on the deal, Andrew Hawkins, CEO at Rocket Properties, said: “We are delighted to have secured this refinancing with Rothschild & Co and to have established an important relationship with the bank.

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“This marks a key milestone for our company and supports the continued long-term success of our business.”

Rob Jones, principal at Moorhall Capital, added: “We are pleased to have supported Rocket on another successful financing and we are delighted that this is with a new funding partner for them in Rothschild & Co.

“We have worked with Rothschild & Co on several fundings, and we appreciate their pragmatic and collaborative approach.

“It has been great to see renewed enthusiasm from lenders to fund office-led assets, we expect to see that continue as office occupancy continues to improve.”

Simon Osmond, managing director at Rothschild & Co, added: “It has been a pleasure to work with Moorhall and Rocket on this refinancing.

“We look forward to supporting Rocket’s continued success in one of London’s most vibrant commercial districts.”