The 24-month facility will be used to refinance an existing loan, as well as providing new capital to reposition the borrower’s business.
The farm includes a number of standalone properties and large areas of both agricultural land and forestry.
In addition, the borrower has established multiple small businesses, including a microbrewery, two cafés and several retail souvenir stores.
- The Finance Professional Show 2025: The Video
- HREF appoints Matt Watson as director
- HREF launches new medium-term loan product for UK and Ireland
Max Lewis, chief investment officer at HREF (pictured above), commented: “Agricultural is an asset class that requires a very deep understanding of both the land and the operational businesses that underpin it, with the experience and expertise of the HREF team enabling it to complete loans of this nature swiftly.”
Sean Adams, managing director at HREF, added: “While agricultural land is fundamentally a liquid asset, there are a range of challenges around title and the wider farming business that require a lender that can really get to grips with this asset class.
“This loan again demonstrates the breadth of asset classes HREF has expertise in.”
Leave a comment