The UK F&B M&A market showed encouraging signs of recovery in the last four months of the year (“T3 2020”). Total deal volume for the period amounted to 28 transactions which represents a 75.0% increase from T2 2020 Deal value for T3 2020 also experienced a marked increase with a total estimated deal value for […]
LendInvest, the UK’s leading platform for property finance, has launched its first virtual conference, the LendInvest 2021 Kick off Event, which will be running on the 26 January 2021. The LendInvest Broker Day will host a series of online sessions led by a range of speakers including LendInvest’s chief executive officer, chief commercial officer, director […]
Arbuthnot Commercial Asset Based Lending (ABL) has completed a £1.25m funding facility to support the acquisition of Summit Engineering by Threesixty Holdco 3 (Threesixty) in a management buy-in (MBI) transaction. Arbuthnot Commercial ABL previously supported Threesixty in its acquisition of Sheffield-based precision engineering company Pen Cutting Tools in October 2019. Established in 1955 as a […]
James Bloom has been appointed to the Board of Alternative Bridging Corporation, the short-term lender and Alternative Investment Fund Manager, following formal approval by the FCA. James, who has over 30 years of property finance experience first at Regentsmead and then at Masthaven, joined Alternative Bridging Corporation in November 2019 and hit the ground running, […]
Aigen im Ennstal. Specialist business property advisor, Christie & Co has secured a new owner for the renowned 5-star hotel Pichlarn castle in the Austrian Alps. Well-known hotelier, Georg Imlauer has acquired the hotel through his hotel group, IMLAUER Hotel & Restaurant GmbH. Following 13 years of ownership, the German Schörghuber Group castle hotel in […]
Manufacturers helped push the UK’s economic recovery ahead of the global benchmark in December, according to the latest Lloyds Bank UK Recovery Tracker. The Tracker, compiled working with IHS Markit, provides unique insight into the shape and pace of the UK’s recovery following the huge disruption caused by Covid-19. The latest data was compiled between […]
Newly rebranded West One has become the first specialist lender to join the Society for Mortgage Professionals (SMP) as an associate firm. The SMP, which is part of the Chartered Insurance Institute, aims to raise professional standards among brokers in the mortgage and protection sector. It launched its associate firm status last August aimed at […]
In the fourth quarter of 2020, the overall GB vacancy rate increased to 13.7%, from 13.2% in Q3. It was 1.6 percentage points higher than the same point in 2019. This was the tenth consecutive quarter of increasing vacancy rates, from Q2 2018. All locations saw an increase in vacancies in Q4, with shopping centre […]
Nine out of 10 Australian small businesses express frustration about finding and maintaining funding for their enterprises, the latest SME Growth Index data highlights. Small business research, conducted twice a year by East & Partners on behalf of ScotPac , Australia’s largest non-bank SME funder, points to loan conditions as the biggest pain point for […]
Asset finance specialist Haydock Finance has announced a new block discounting partnership with investment manager Downing LLP. The new block discounting facility will enable Haydock to broaden their reach to a wide range of UK SMEs, providing hire-purchase, leasing and refinance for business assets to firms wanting to invest and grow. Throughout the pandemic, Haydock […]
