Introduction
Our real estate division serves clients in Europe, the UK and GCC countries. This broad base of investors includes mid and large scale developers to institutional asset managers, debt funds and pension companies. We ensure that our clients receive the best information, funding, and development opportunities by networking across these geographical regions. We help developers achieve their objectives in terms of financing, construction and exit, while enabling our investors to hit their return targets all within a regulated environment.
The bank arrange term loans, private placements, equity and mezzanine structures. Our merchant banking licence provides our clients with the opportunity to acquire and dispose of assets in a secure, transparent and price efficient environment.
The bank has clear due diligence processes which provide developers and investors with a high degree of confidence.
We advise on joint venture partnerships, structuring and debt & equity raises on behalf of our clients.
Property Sectors
Explore our property sectors:
Clients
- Developers
- Pension funds
- REITS
- Private equity
- Long income funds
- Institutional debt funds
- Insurance companies
- Real estate asset managers
Re-financing of existing assets
Maximum LTV:
75%
Fixed or Floating Rate:
Subject to Market
Maximum Loan Size:
£150,000,000
Minimum Loan Size:
£2,000,000
Maximum Term:
60 months
Minimum Term:
12 months
Interest Cover Ratio:
Case-by-case
Interest Compounded Quarterly:
Quarterly
- Loan purpose: acquisition, refinancing, repositioning, refurbishment, development exit
- Geographies: England, Scotland and Wales
- Property Types: office, industrial, leisure, residential, retail
- Borrowing vehicles: UK SPVs. Non-UK SPVs subject to legal review
- Typical security package to include: first ranking fixed charge over the property, Debenture over the SPV, Charge on SPV shares
- Financial covenants: ICR, DSCR, LTV and WAULT covenants as appropriate
- LTVs based on Open Market Value
- Clear business plan and exit strategy
- Loans subject to credit approval, due diligence, satisfactory loan documentation and KYC