We are delighted to announce that Ingenious Real Estate has completed one of its largest deals to date. The team closed an £18.5 million development facility to construct 39 flats and 24,000sqft of office space in London’s thriving Southwark district.
Partnering with a highly skilled and experienced developer, the mixed use deal has a GDV in excess of £36m and represents one of Ingenious’ most exciting and interesting schemes thus far. The scheme includes a large amount of initially unlet commercial space and further demonstrates our ability to provide bespoke and flexible financing for high quality and diverse schemes in the UK market.
Ingenious Real Estate has provided over £250 million in UK residential and commercial loan facilities, firmly cementing the business as a leading investor in the UK property market.