TLT has supported Landmark Investments on the deal.
Landmark Investments raised more than £70m of new debt so far in 2020 as it seeks to drive expansion and growth over the next 12 months.
The debt raised is from a mix of high street and institutional lenders, including over £25m from Santander UK. Landmark, a national ground rent investor, will use the debt to increase its portfolio of residential and commercial ground rents and take on larger and more complex investments.
The company’s growing portfolio has been boosted by the completion of a complex ground rent portfolio of more than 1,800 residential and commercial properties across 418 separate sites and three million square feet of industrial estates, mills, medical centres, retail parks and car parking across hundreds of acres of land in Bolton.
Commercial real estate partner Patrick Sheehan (Picture) and banking partner Paul Crighton led the TLT team, with support from legal director Alison Blades.
Law Firms: TLT LLP;
Clients: Landmark Investments;