The portfolio comprises more than 80 leases across a broad mix of commercial uses

Shawbrook has completed a £33 million refinance facility through its structured real estate team, supporting a diversified portfolio of 20 commercial assets spread across 19 UK towns.

The transaction marks a new client relationship with an established UK property investor and represents a significant example of Shawbrook’s approach to UK commercial property finance for complex, multi-asset portfolios.

The portfolio comprises more than 80 leases across a broad mix of commercial uses. While a limited number of assets sit within sectors such as cinemas and bingo halls, these are offset by the scale of the portfolio and a robust asset management strategy. The borrower has presented a clear business plan supporting both ongoing performance and Shawbrook’s long-term exit strategy.

Structured over five years, the facility carries a repayment profile aligned to anticipated cash flows, balancing flexibility with risk discipline.

The investor is a well-capitalised UK property company backed by an experienced sponsor. Asset management is led by Capreon, which oversees more than £1.5 billion of European real estate. Capreon’s track record across market cycles underpins confidence in the delivery of the portfolio’s business plan, including value-enhancing initiatives and planned disposals.

We are delighted to have partnered with the Shawbrook team on this financing, said Robert Mackenzie-Carmichael, managing director at Capreon.

He said: Their commercial approach and collaborative mindset stood out. Shawbrook demonstrated a strong understanding of the assets and our business plan, delivering a flexible and well-structured financing solution aligned with our long-term strategy. We look forward to expanding the relationship as we continue to grow and actively manage this and our wider portfolios.