GB Bank completes £33m London bridging facility in seven days
GB Bank has completed a £33 million bridging finance facility secured against a mixed-use London property portfolio, delivering the funding within seven days to meet an exchange deadline.
Working with broker SHC Capital, the lender provided an initial facility against an unencumbered portfolio of income-producing assets. The borrower, an established property investor with more than £500 million worth of real estate holdings, required the funding to support a wider acquisition strategy.
Transaction structure
The facility was structured to unlock equity from the existing portfolio, enabling the borrower to exchange on a subsequent acquisition within the same timeframe. Security comprised income-generating assets with strong occupancy levels.
Pankaj Thukral, chief lending officer and deputy chief executive at GB Bank, said: “By working closely with Tony Tadros at SHC Capital, we were able to structure a solution that unlocked equity from an existing portfolio, enabling the borrower to exchange on the wider acquisition within just seven days.”
The transaction comes as buyers continue to delay purchase decisions in some segments of the property market, though experienced investors with substantial portfolios appear to be proceeding with acquisitions.
Professional advisers
Simon Noonoo, partner at Seddons, provided legal support throughout the transaction, while Simon D’Arcy at Savills acted as valuer within the compressed timeline.
Hardik Gogia, relationship manager at GB Bank, said: “In this case, we were able to release equity from an existing, well-performing portfolio at pace, giving our client the certainty they needed to exchange on the next stage of their acquisition.”
Tony Tadros, director at SHC Capital, noted: “This was a complex transaction with a demanding timeline, requiring all parties to move quickly. Throughout the process, the GB Bank team remained responsive, pragmatic and solutions-focused, ensuring a successful outcome.”
The transaction demonstrates the continued availability of bridging finance for established investors with strong asset bases, even as regulatory requirements evolve across the property sector.
Market context
The deal reflects ongoing activity in London’s commercial property market, where experienced investors continue to pursue portfolio expansion strategies. Bridging finance remains a key funding tool for time-sensitive transactions where traditional mortgage products cannot meet compressed timelines.
The seven-day completion period is notably short for a facility of this size, requiring coordination between multiple parties including the lender, broker, legal advisers and valuers.
