Structured Real Estate supports £33m refinance facility for a diversified commercial portfolio
Our Structured Real Estate team has delivered a £33m refinance facility for a 20-asset commercial property portfolio spanning 19 towns across the UK.
At a glance
Project Overview
Our Structured Real Estate team has delivered a £33m refinance facility for a 20-asset commercial property portfolio spanning 19 towns across the UK. The portfolio benefits from extensive diversification, with more than 80 leases and a broad mix of commercial uses. While a small number of properties sit in more sensitive sectors such as cinemas and bingo halls, these risks are well balanced by the portfolio’s scale and a strong management strategy. Importantly, the borrower has a clear and credible plan that supports the bank’s exit strategy.
This transaction represents a valuable new relationship with an established property investor and showcases our ability to understand complex portfolios and shape a structure that supports both the client’s strategy and the bank’s risk appetite.
Loan Structure
The five-year facility includes a repayment profile aligned to the anticipated cash flows.
The Borrower
The borrower is a well-capitalised, established UK property company backed by a highly experienced sponsor and an asset management team with a long-established track record in the sector. Their combined strong reputation helps underpin the transaction. Asset Management is undertaken by Capreon, which oversees more than £1.5bn of European real estate. Capreon’s experience across market cycles provides confidence in the delivery of the asset management plan, including value-enhancing initiatives and scheduled disposals.
Overall, the transaction aligns strongly with our credit appetite and benefits from a thoughtfully designed structure that supports risk mitigation. It also establishes a promising new relationship, and we look forward to working with the borrower, sponsor and the team at Capreon on future opportunities.
We are delighted to have partnered with the Shawbrook team on this financing. Their commercial approach and collaborative mindset stood out. Shawbrook demonstrated a strong understanding of the assets and our business plan, delivering a flexible and well-structured financing solution aligned with our long-term strategy. We look forward to expanding the relationship as we continue to grow and actively manage this and our wider portfolios. Special thanks to Tirath, Russell and Bethany for their support.
This project highlights our structuring capabilities in coordinating so many moving parts. It demonstrates how we were able to deliver a fully tailored solution that aligned seamlessly with the portfolio’s asset management plan.
How can we help you?
Our team of experts across the UK are ready and waiting to speak to you about how we can help you realise your property aspirations. Use our enquiry form to get in touch, or contact the team directly through our contact page.