London:

Debt advisor sets record

Debt advisor and asset manager BBS Capital had a record-breaking year in 2017, arranging loans of more than £650m (€732m) across 44 transactions with a property value of £1.1bn.

BBS Capital completed the deals across multiple countries and property sectors, working with 26 different clients and 17 different lenders.

“We are in an environment with an increasing number of lenders with different specialities,” BBS Capital’s co-founder Adam Buchler said.  “The market has therefore become more advisor-led, and investors are increasingly turning to trusted intermediaries to help them navigate the market.”

According to BBS, all the signs point to a promising 2018 as well.  Earlier this month the adviser arranged two facilities totalling £42.5m with Titlestone Structured Finance and Shawbrook Bank, for the acquisition of a major permitted development deal in London’s Uxbridge.

BBS Capital also recently arranged a €50m facility with Signal Capital Partners, for the acquisition and development of Orquidea Aparthotel, a 12,000 sq m hotel in the exclusive town of Santa Eulalia on the island of Ibiza.

View the article on MIPIM News

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