Octopus Investments has raised £130m for the Commercial Real Estate Debt Fund. The fund will be managed by Dragonfly Property Finance. Dragonfly, launched just five years ago, has already lent in excess of GBP1 billion. The GBP130 million fund will provide Dragonfly with considerable financial firepower as it continues to lend to commercial property investors.
Capital Bridging Finance, the London based bridging loan lender has obtained authorisation from the FCA to accept and administer regulated bridging loan applications. Keith Aldridge, Managing Director, said: “Our long term growth plans have always included an appetite to provide regulated bridging loans to our growing number of premier partners. Over the past two years
Aldermore Bank, which is now just 5 years old, plans to float on the London Stock Exchange in October, the challenger bank said this morning. Aldermore focuses on lending to small businesses, home owners, and property developers. Vision Finance has been working with Aldermore as a key lender on our panel. Property development finance has
In June this year Sager Group completed its transaction with Royal Mail to relocate their Islington delivery office to Eagle Wharf Road and absorb the remaining buildings of the Former North London Sorting Centre into Sager’s Islington Square retail and leisure development, which has an estimated gross development value in excess of £370 million. Property
Property prices in Prime Central London have increased by 11.29% year-on-year to stand at £1,638,456 in Q2 2014, analysis of Land Registry data by London Central Portfolio has revealed. London property transactions stood at their highest level since 2007 with 6,546 recorded sales over the last year, 19.34% more than the year before. London Central
Dragonfly bridging finance has broken through the £1billion milestone in lending since its launch in 2009. Dragonfly are already aiming to hit the £2 billion mark before the end of 2015, with commercial loans making up an ever greater percentage of the total as the lender grows that side of operations. Dragonfly bridging have now
Bridging loan rates have continued to fall over the past 12 to 24 months, and bridging finance is now available from just 0.6% per month. In was as recently as 2009 that Dragonfly Bridging Finance entered the market, and they were then considered a first mover, which they have used to their advantage over the
Property refurbishment projects have seen funding more than double in the last year, according to the latest sentiment survey of over 250 financial intermediaries. Bridging loans for property refurbishment, property development, and conversions totalled £1.29 billion over the twelve months to April 2014. This equates to just over 2,800 separate projects. By comparison, equivalent lending
Vision Finance specialise in large bridging loans and complex transactions. We offer sophisticated advice to borrowers who require specialist short term finance. A bridging loan is a short term lending facility, secured against property or land by way of a first or second legal charge. Borrowers typically require a bridging facility when the property does
Vision Finance is working with a number of lenders who have appetite to lend to borrowers looking to purchase a petrol station, and require finance for a petrol station. In the current lending climate, finance for petrol stations has been difficult, and especially so when the borrower does not have 3 years of trading history.