BZ has completed a flexible £45.3m Real Estate Facility enabling Zetland Capital Partners LLP to leverage the portfolio of 36 property assets that the firm acquired in November 2021. The transaction supports the continuation and effective execution of the London-based Private Equity firm’s portfolio strategy. The innovative funding facility is the first of its kind since BZ was established.
The previous acquisition, for an undisclosed sum, was one of the largest UK leisure real estate transactions in 2021.
BZ had legal advice from Gateley (English Council), Walkers (Guernsey Council) and MacRoberts (Scottish Council). Valuations were provided by Savills. Zetlands was advised by Credavis Capital (debt advisory), BCLP (legal), Brodies (Scotland) and Mourant (Guernsey).
BZ offers structured, multi-jurisdictional ABL facilities from £10 million to £150 million that deliver working capital and corporate structuring solutions.