Structured Finance

Leader in Innovative funding solutions for both Private and Public Sector residential development:

    • 296 units delivered over the last 4 years through new rental backed funding initiatives
    • £44.8m; value of rental assets un-locked and now operating on the back of alternative funding streams
    • £31.4m; value of construction contracts which have been underpinned through agreed re-financing packages
    • Pipeline in advanced legal negotiations:
      • – 413 units
        – £78m Asset Value
        – £55m construction contracts
    • Experts in all project stages including;
      • – Initial financial modelling (drawing on expertise from our market leading Research and Asset Management teams)
        – JV/contract structuring
        – Sourcing and securing short or long term funding
        – Public Sector procurement
        – Asset management and Rental

 Recent Deals

Salamander Phase 1, Edinburgh, EH6 7HN
Western Harbour Site R1, Edinburgh, EH6 4UB          
Shrubhill, Leith Walk, Edinburgh, EH7 4PB
  • Client:  Teague Homes (UK) Ltd
  • Site size: 145 units
  • Value: £21.8m
  • Construction cost: £15.2m
  • Role:  Deal coordinator for all parties:
    – Lined up £15.2m 10 year debt package through the National Housing Trust to underwrite construction of 145 flatted units
    – Lined up construction partner
    – Agreed the pre-placement of the final investment with Hillcrest Housing Association.
  • Deal partners: Teague Homes (UK) Ltd, Cruden Investments, RBS, Hart Builders, Hillcrest Housing Association, Scottish Futures Trust, The City of Edinburgh Council.
  • Status: Construction completed and properties handed over
  • Client:  Forth Ports
  • Site size: 96 units
  • Value: £17m
  • Role: Rettie & Co acted as deal coordinator for all parties.
    – Lined up £12m 10 year debt package through the National Housing Trust to underwrite construction of 96 units.
    – Lined up construction partner
  • Deal partners: Forth Ports, Cruden Investments, RBS, Hart Builders, Scottish Futures Trust, The City of Edinburgh Council.
  • Status: Contracts agreed and construction commenced.
  • Client: Places For People
  • Site size: 376 units
  • Value: Undisclosed
  • Role: Site acquisition on behalf of Places for People.
    – Ongoing role assisting Places For People with the arrangement and role out of a construction re-financing package for 167 units.
 

'Best Partnership in Affordable Housing Deliver' Winner | 2015

At this year’s Homes for Scotland Awards 2015, Rettie & Co. were announced as joint winners of Best Partnership in Affordable Housing Delivery, yet another award celebrating the success of Sailmaker Apartments.

In partnership with Cruden Group, Hillcrest Housing Association, City of Edinburgh Council and Teague Homes, Rettie & Co. were awarded best in the category at the prestigious building industry event.

The ceremony, which took place at the EICC on Friday 15th May 2015, was attended by a record crowd of 900 senior industry representatives and their guests, making it the largest Homes for Scotland awards yet.

Click here to meet the Consultancy, Research & Structured Finance team.