RBS International supports major landmark acquisition in the Midlands

Monday 13 April 2015

RBS International in Jersey has supported one of its longstanding fund clients in a major multi-million pound commercial acquisition near Birmingham.

Tristan Capital Partners, a London based pan European real estate investment manager, was adviser to the EPISO 3 Fund, on the acquisition of the Fort Dunlop building, a 375,000 sq. ft. landmark site five miles from the centre of Birmingham, close to the M6. The site consists of a mix of Grade A office, retail and leisure space including restaurants, a 100-room hotel and car parking. It was acquired for £45.7 million.

RBS International’s Real Estate Team provided a multi-million pound term loan to support the complex acquisition which involved a number of different stakeholders from across RBS International and its wider parent company, RBS in the UK.

Stephen Reilly, Managing Director, Corporate and Markets, RBS International said: "Tristan Capital Partners are an existing customer of both our real estate and funds businesses. This latest transaction demonstrates our continued appetite to lend and support the real estate funds sector in the Crown Dependencies through bespoke loan facilities required to meet the investment ambitions of our clients."