“No easy way to accelerate realisations without compromising on price,” says chair
Company says portfolio has proved resilient but that “orderly realisation is most prudent option”
ICG-Longbow has increased its profit after tax to £3.7m for the six months ending 31 July
Company anticipates 90% of rent for quarter to be paid
The co-head of ICG’s real estate debt business on pushing into Europe – and losing the “Longbow”
The loan will support the construction of up to 112 flats
The fund will target mid-market lending opportunities ranging from £10m to £100m
Successful fundraise shows confidence in UK real estate despite Brexit worries
ICG-Longbow has agreed a £24.6m loan to bungalow homes provider RoyaleLife.
The debt is the largest loan from ICG-Longbow to date
Transactional activity ‘could fall’ as occupiers and investors awaited the outcome of Brexit
ICG-Longbow has completed a £16m loan to clients of BMO Real Estate Partners, bringing the lender’s average loan to value down