Peter Shacalis, Managing Director at EQT Exeter, said: “EQT Exeter is very pleased to have secured further funding which will help us to build affordable rental homes in London. We are delighted with our financing solution, which was designed to be scalable and help us to achieve our longer-term business plan and strategy.”
Graham Barnet, CEO at Sigma Capital, added: “We are delighted to further expand our delivery of new rental homes, and we thank NatWest and the other institutions within the lending group for supporting organisations such as ours looking to deliver significant social impact by providing housing to renters in affordable locations as well as offering community services within Greater London and its commuter towns.”
Lee Franklin, Structured Real Estate Finance, NatWest, commented on the facility: “We are pleased to have sourced additional debt liquidity for ‘Saturn’ to continue to support EQT Exeter and Sigma Capital, deliver much-needed homes across Greater London, wholly consistent with the NatWest ethos of purposeful lending. We look forward to working with the teams at AIB and NIBC alongside our existing lending partner, Leumi UK”