SHC Capital arranges GB Bank financing for £62m London property portfolios
The real estate finance specialist SHC Capital has arranged two investment and stretched senior funding loans from GB Bank for the acquisition and refinancing of a combined £62m portfolio of residential, retail and office properties across a number of locations in London, including the West End.
SHC Capital successfully coordinated multiple lenders and stakeholders, including a major UK PLC, with GB Bank providing vital certainty and support to ensure the deadline was met.
SHC Capital structured the transactions on behalf of two of the UK’s leading property investment groups. The multi-asset portfolios comprise residential, retail and office buildings which are tenanted and already providing a steady income stream.
The two facilities, which combine investment and stretched senior funding, will enable the assets’ income generation potential to be improved, support the future upgrading of the buildings and help regenerate the surrounding areas.
Tony Tadros, director at SHC Capital, commented: “This deal required careful structuring to deliver a blend of investment and stretched senior funding to a tight deadline. It is secured against two large and diverse portfolios of tenanted residential properties, office buildings and high street retail units right across London.
“Carrying it right through to completion was a collective effort, in which the dedication, agility and professionalism of the team at GB Bank played a vital role. In particular, the legal work of Fraz Hussain of BlackStone Solicitors and Simon Noonoo of Seddons was exemplary.
“It’s exciting to think that our hard work will power the regeneration of two sizable property portfolios and their surrounding areas, improving life for residents and users for years to come.
“GB Bank have become a key partner for SHC Capital. They are on an exciting journey, and we are proud to be working alongside them, and achieving great things together.”
Pankaj Thukral, chief lending officer and deputy CEO at GB Bank, said: “These transactions required us to move quickly and adroitly across multiple workstreams, while coordinating closely with the wider professional team. GB Bank has ambitious plans for 2026 and 2027, and the successful deployment of two more major facilities puts us well on track to exceed our business goals.
“GB Bank continues to strengthen its position in the real estate finance space, and our partnership with SHC Capital is integral to our growth. Together we are working on an ongoing pipeline in excess of £100m, and these latest transactions completed with SHC Capital bring GB Bank closer to the significant milestone of £1 billion in lending.
“The team at GB Bank delivered with speed, precision and flexibility, working in partnership with SHC Capital and several other expert teams. These were milestone transactions for all concerned, and it was a pleasure working with everyone involved in bringing them together.”
Hardik Gogia, relationship manager at GB Bank, added: “The bespoke way these facilities were structured made them a win-win for all parties involved. With the finance going to two of the UK’s leading property investment groups, GB Bank once again demonstrated its ability to transact and deliver under pressure.
“Working alongside SHC Capital, we were able to respond quickly as and when matters arose, successfully maintaining progress right through to successful completion and transfer of the funds.”