Imperial Blue invest in £14m scheme in Ashford
Imperial Blue, the property investment & debt advisory platform based in Mayfair, has just completed the funding of a project with planning for 30 units in Ashford, Kent, with the second phase of 28 units due to complete imminently. Senior debt was originated by the IB capital markets team with the equity portion being invested by Imperial Blue & their investors.
The debt structuring, lending and investment ‘one stop shop’ for developers was founded 6 years ago, has completed over £250 million worth of funding and provides senior debt, mezzanine and equity finance to property developers.
James Harries, one of the founders of Imperial Blue, said: “We established the business to provide a conduit between investors and developers after the crash and we now have funding lines for various debt & equity products whilst still maintaining active dialogue with over 140 funds, family offices and banks so as to ensure we provide the very best financing solutions for developers. At a time when the finance market is more congested than ever, we provide clarity and service for our clients. We are thrilled to have completed this scheme and as with any project we look to invest alongside our investors to truly align our interests, creating the very best real estate investment opportunities on a risk-adjusted basis in the residential and student sectors.”
Ashford is currently the fastest growing town between London and the continent and has seen a number of significant developers attracted to the market, including Dukelease, Stanhope, Saudi-backed GRE Assets and Crest Nicholson. It boasts rail links of just 38 minutes to London and under 2 hours to Paris.