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A brand new actual property lender backed by the Sydney & London Properties Group has launched right this moment.
Quick & Versatile Lending Worldwide will provide bridging and growth loans of as much as £10m, and mezzanine loans as much as £5m in measurement.
The skilled workforce has been concerned in over £1bn of actual property transactions.
Learn extra: Trade veterans launch actual property debt advisory agency
Sydney & London Properties is a property investor and asset supervisor that has been actively investing in UK industrial property for greater than 35 years.
The group mentioned that it “strategically exited” a lot of its actual property belongings earlier than the pandemic, remaining liquid with substantial funds and is now centered on lending each within the UK and abroad.
Learn extra: New funding agency launches with RE non-public credit score technique
David Gross, director at Quick & Versatile Lending Worldwide, mentioned that the brand new agency has a “compelling providing” for debtors, offering “quick, knowledgeable selections, delivering options tailor-made to every accomplice’s wants”.
He added that the corporate is open to co-investment alternatives.
“We work with household workplaces and co-investors who worth reliability and a partnership constructed on mutual success,” he mentioned.
Learn extra: UK BTL market shrinks for first time
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