Real Estate

Commercial, residential and mixed-use holdings underwritten on realisable value, tenant strength and a clear route to repayment.

The market

We fund income-generating property and select development schemes where valuation comes from an independent source, title is clear, and repayment is demonstrably tied to rent, sale or refinancing rather than optimism.

Development exposure is released in stages against build progress signed off by a monitoring surveyor, with contingency buffers tested against realistic cost inflation.

We check how enforceable security is in the relevant jurisdiction, confirm insurance cover and map out how recovery would actually work before terms go out — the same discipline we apply to resource collateral.

How we underwrite it