Can I set up a property management company to reclaim the VAT

[KatyMac]

So my nursery can borrow money
But would have to pay VAT on the build cost

So can I set up a property Management company - then the co-op lend the PM co the money, claim the VAT back on the build & charge the co-op rent?

They have come down from £420 to £255 - so I don't think there is any further reduction possible - they really have been lovely