Seddons GSC has advised on a large property investment facility from GB Bank, arranged by SHC Capital, supporting the acquisition and refinancing of a £62 million portfolio of residential, retail and office properties across London.
The funding will support future upgrades to the buildings and the regeneration of the surrounding areas.
The deal follows the recent £33 million transaction between SHC Capital and GB Bank, on which Seddons GSC also advised.
Simon Noonoo, partner in the Real Estate Finance team, led the transactions.
Simon said: “We were delighted to act for GB Bank on this complex transaction which had to complete within a short window. It was a pleasure to work with all the transaction parties who were involved, particularly Tony Tadros and the SHC Capital team, who structured the financing to navigate the complexities of each transaction and enabled a swift and successful completion.”