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GB Bank provides £62m financing for London property portfolio deals

GB Bank has provided £62 million in financing across two facilities for the acquisition and refinancing of residential, retail, and office properties in London.

  • GB Bank provided two financing facilities totalling £62 million.
  • The funding is for residential, retail, and office properties across London.
  • SHC Capital arranged the transactions for two UK property investment groups.

GB Bank has provided two financing facilities totalling £62 million for the acquisition and refinancing of residential, retail, and office properties across London. These transactions, arranged by SHC Capital for two property investment groups, involve investment and stretched senior funding.

The funding is secured against tenanted multi-asset portfolios that generate rental income. The properties are located in the West End and other London areas, including residential buildings, office spaces, and high street retail units.

Tony Tadros, director at SHC Capital, stated that the deal required careful structuring to deliver a blend of investment and stretched senior funding within a tight deadline. The finance is intended to improve income generation potential, support building upgrades, and contribute to area regeneration.

Pankaj Thukral, chief lending officer and deputy CEO at GB Bank, noted that these transactions bring the bank closer to £1 billion in lending. He also mentioned that GB Bank has an ongoing pipeline in excess of £100 million with SHC Capital and has ambitious plans for 2026 and 2027.

Why this matters: The transactions reflect continued activity in London's commercial and residential property finance market, indicating investor appetite for diversified property holdings in the capital.

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