A CGI of the PBSA development in Birmingham, funded by Beaufort Capital

Beaufort Completes Over £150m of New Lending in Last Quarter

Beaufort Capital, a leading specialist development finance provider, has achieved a significant milestone, exceeding £150 million in new lending within the last quarter.

With a combined GDV of over £300 million, Beaufort achieved this lending milestone funding a variety of developments, with notable projects including:

  • A purpose-built student accommodation (PBSA) scheme in the centre of Birmingham, working with a repeat client to deliver an exceptional project.
  • The development of four self-storage facilities with a new client who intends on growing its self-storage portfolio over the long-term.
  • Two PBSA projects: 139 units in Southampton and 155 units in Edinburgh. These projects are in collaboration with another repeat client.
  • A light industrial JV strategy with a 10-year existing client. Beaufort provided a flexible debt facility and an equity co-investment to partner on the active management and repositioning initiative.

The UK’s resilient economy, supported by continued local and international in-vestment has provided a strong backdrop to allow Beaufort to continue to build up-on more than a decade’s worth of development lending throughout the UK.

We are delighted to be working with such a range of accomplished and highly-experienced developers and are excited to be funding much needed quality and sustainable developments across the UK

Joe Flaherty, Director, Beaufort Capital

Mark Quigley of Beaufort Capital added, “It has been a great end to last year and a wonderful start to the new year and with more transactions in legals we’re anticipating a very strong first quarter.

It is pleasing to being able to support long-standing clients whilst at the same time bringing new borrowers into the Beaufort Capital fold.

The self storage portfolio deal was of particular note for being our first time lending into that specific sector and therefore widening our lending experience further still.

In addition to these recent transactions in PBSA, self-storage, and light-industrial assets, Beaufort’s lending and investment activities extend to opportunities in residential development, BTR, retirement living, care and hospitality.

Looking ahead, Beaufort is targeting £500 million in new lending for the year, and current activity indicates that this goal is well within reach.

Share this article