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Investec provides £53m of residential financing to support acquisition of three assets




Investec Bank plc’s real estate team has provided £53m of residential investment financing to LRC Group across a series of transactions.

The financing supports the acquisition of two residential assets located in London (Hounslow and Surrey Quays) and one in Bedford.

LRC Group is a private real estate investment and fund management firm specialising in value-add residential investments.

The transaction builds on an established relationship between Investec and LRC Group, with the financing structured to provide execution certainty and flexibility across the acquisitions.

Sebastian Walley, loan originator at Investec Real Estate, commented: “Building on a structure that has worked well across the relationship, Investec was able to shorten timelines and deliver the execution certainty required to support these acquisitions.


“The focus throughout has been on aligning the financing with LRC Group’s investment strategy, while enabling efficient deployment of capital as the portfolio continues to expand.”

Chris Dimitriadis, CEO at LRC Group, said: “Investec has consistently demonstrated a strong understanding of LRC Group’s investment approach and the practical realities of executing residential transactions.

“Investec’s ability to move quickly, reuse proven structures and maintain a collaborative partnership approach has made it a valued financing partner.

“The support provided across multiple transactions has helped LRC to execute its strategy with confidence, and the group looks forward to continuing to build on the partnership as the residential portfolio grows.”

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