Author Archive

Quartet of Octopus deals grow regional lending by £35m

Specialist property lender Octopus Property has completed four loans worth a combined £35.2m across separate developments in Birmingham, Derby, Manchester and Edinburgh. Octopus backed the acquisition of DRI hospital for a resi-led redevelopment The four transactions are:• A six-month, £11.3 m acquisition loan to the Canal & Riverside Trust for a Birmingham office campus with […]

Helaba continues UK drive with London office tower loan – Exclusive

The German bank has provided £55m for the acquisition of The Relay Building by a consortium including affiliates of Harbor Group International and ZC Ronogil. Germany’s Helaba has financed the acquisition of The Relay Building in central London with a £55 million (€61.7 million) loan. The five-year facility, arranged by debt advisory firm BBS Capital, […]

BBS arranges £59.8m Brentford financing

BBS Capital, a debt adviser and asset manager, has arranged £59.8m of finance for BYM Capital from specialist residential property lender Pluto Finance. The finance will be used to develop New Horizons Court in Brentford, one of London’s largest ever permitted development (PD) schemes. The site comprises four buildings, including Sky’s former HQ, and the […]

PBB and LaSalle IM refinance Nobu Hotel in Shoreditch with £68.5m

Deutsche Pfandbriefbank (PBB) and LaSalle Investment Management have extended a £68.5m debt facility to Willow Corp Sarl, owners of the Nobu Hotel in Shoreditch. The facility will replace the development loan that funded the building of the 8,415 sq m hotel, which opened to guests in September 2017. PBB has provided a £48.5m senior loan […]

Instant gratification culture is affecting how we borrow money

Adam Buchler, co-founder of London-based real estate debt adviser BBS Capital, argues that the culture of instant gratification is feeding into the debt market. The seemingly never-ending march of new technology and the access to instant information, goods and services are combining to make people less patient than ever before. And who can blame us? Not […]

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 […]

REC AWARDS 2017: BBS wins debt advisor of the year

DEBT ADVISOR OF THE YEAR WINNER:  BBS Capital While BBS Capital may operate on a smaller scale than the market’s largest real estate debt advisory shops, it was prolific during 2017. In total, the London-based firm arranged £650 million (€734 million) across 44 transactions with a total property value of around £1.1 billion. The boutique […]

Israeli private buyer snaps up £43m office campus for resi conversion

An Israeli private investor has acquired a 148,000 sq ft office campus in Uxbridge for £43m and plans to convert it into flats. The investor, advised by BBS Capital, has also secured loan facilities totalling £42.5m from Titlestone Structured Finance and Shawbrook Bank to help fund the acquisition and redevelopment plans. The West London office […]