Octopus Real Estate named Lender of the Year at EG Awards 2019
Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate investor, has been named as the Lender of the Year at the EG Awards 2019.
Octopus Real Estate offers simple, flexible and bespoke property loans that have resulted in £1.46bn of lending across 2,500 loans within the last year alone – a 38% increase on the previous period.
Landmark deals within the last 12 months have included a £29.5m refinancing facility for a 3.7-acre site near London’s Clapham Common with planning for 297 homes, 46,000 sq ft of offices and 12,000 sq ft of industrial; a £36m loan for a 502-bedroom purpose-built student accommodation scheme in Coventry, Warwickshire and a £31.5m refinance of a mixed-use development in south west London.
Octopus Real Estate is one of the UK’s most active non-bank specialist property investors, lending across residential bridging and buy-to-let, commercial bridging, term and the development sectors.
The EG judges commented that Octopus “is thinking about speed and flexibility and demonstrated a broad spread of loans”.
Ludo Mackenzie, Head of Commercial Property at Octopus Real Estate, said:
“For us, every loan is different. Our nimble yet established team enables us to adapt our products for our expanding customer base, something traditional lenders remain unable or unwilling to do. We have specialist expertise which enables us to understand the market and move fast – this year we completed a £31.5m refinance in just 10 days. None of this would be possible without the commitment shown from our whole team and it’s great to see this hard work being recognised.”
For journalists in their professional capacity only. Personal opinions may change and should not be seen as advice or a recommendation. Octopus Real Estate is the trading name of Octopus Property Lending Ltd (Reg No 7531926), Bridgeco Ltd (Reg No 6629989), Fern Trading Ltd (Reg No 6447318), Nino Ltd (Reg No 9015082), Octopus Healthcare Adviser Ltd (Reg 09082100), Octopus Healthcare Development Ltd (Reg No 03788979) and Octopus Co-Lend Limited (Reg No 8913299), all registered in England & Wales at: 33 Holborn, London, EC1N 2HT, and Octopus Real Estate S.ar.l. (Reg No B189290) registered in Luxembourg at: Parc d’Activité Syrdall, 6 rue Gabriel Lippmann, L-5365 Munsbach, Luxembourg. Octopus Co-Lend Ltd, Octopus Healthcare Adviser Ltd and Octopus Property Lending Ltd are authorised and regulated by the Financial Conduct Authority. Issued by Octopus Real Estate. Issued November 2019.