Mera funds large Prime Central London residential asset

14 January 2025

Prime real estate lender Mera Investment Management has completed an £11m facility for a residential property in London’s prestigious Holland Park

The bridging facility was used to repay the existing lender and allow the borrower—an experienced property investor with a significant portfolio across central London—time to market the asset and achieve best value.

Mera Investment Management specialises in prime, high value property lending—an area which is underserved, especially for large single units such as this one.

The detached villa, located a few streets away from where a £61.5m mansion was recently sold to the Abu Dhabi royal family, has been developed into a five-bedroom home and is expected to be put on the market in the spring.

The borrower was introduced to Mera's CEO Edward Matthews by Sohail Yasin of Springtide Capital, who was confident in Mera’s experience and ability to complete a transaction of this size and in the required timeframe.

Edward commented:

“We focus on lending in prime locations and this asset, located on one of London's premier roads, was a perfect fit for us. We worked closely with the borrower and Springtide Capital to tailor the facility and ensure it worked well for all parties."

“This case demonstrates our specific area of expertise, and that Mera is becoming a byword for high quality, prime real estate lending.”

Sohail stated:

“There were a number of hurdles that had to be overcome, but the team at Mera were commercial and pragmatic throughout the entire process to ensure the successful completion.”

Prime UK real estate has reached a turning point in terms of pricing and supply, and neighbourhoods such as Holland Park will only increase in popularity for international buyers seeking the stability that comes with the London market.

With two substantial new funding lines, announced in November, Mera Investment Management is poised to take full advantage of a lack of funding availability from institutional lenders and capitalise on the wealth of new credit investment opportunities – from super prime residential properties in Prime Central London to offices in regional cities such as Bristol and Glasgow.

The lender is expecting to deploy £100 million within the next 12 months.