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Kingfisher Property

Property Finance investment grade income

We are specialists in sourcing finance for projects which have the benefit of long term rental income streams paid by investment grade tenants and where income increases at a pre-determined fixed rate or in line with an index. The value of such bond type investments arises from both the financial standing of the tenant and the lease covenants. In the aftermath of the Credit Crunch this method of financing does not produce the same level of advantage as compared with before. However, selecting a financier who will lend against cashflow, with a favourable loan to value covenant, can often deliver more than a traditional approach.


Examples of such transactions include:


Ashford International Passenger Terminal supported by a Government guaranteed income stream



Felixstowe Docks supported by a quasi investment grade income stream


Halls of residence supported by 25 year or longer leases at 9 different Universities


A mental health unit and nurses accommodation supported by a 35 year lease to the Royal Free Hospital NHS Trust.

Last Updated 07 February 2012

1m Libor 0.76%.......3m Libor 1.08%.......3yr Swap 1.34%.......5yr Swap 1.64%.......10yr Swap 2.46%.......20yr Swap 3.06%.......30yr Swap 3.17%

Property Finance News

CBRE reports profit of $239.2m for 2011

CBRE increased its net profit by 19% to $239.2m last year.

DevSecs confirms NAMA talks

Development Securities has confirmed it is in discussions to buy “a number of” assets from Ireland’s National Asset Management Agency.

Little Chef restructured to break "deadlock with landlords"

RCapital has completed the restructuring of roadside eatery Little Chef which has resulted in the closure of around 67 sites.

Pears and DevSecs win NAMA portfolio

Pears Group and Development Securities have teamed up in an innovative partnership to buy a £100m plus portfolio from the Irish National Asset Management Agency.

Regional comfort as St Modwen enjoys 9% NAV boost

St Modwen enjoyed a 9% boost to its NAV per share over 2011, the regeneration developer revealed today, in what will be a comforting sign to the regional development markets.

Workspace appoints new chief executive

Workspace Group has appointed the former Mapeley boss Jamie Hopkins as its chief executive.

Helical Bar signs £100m debt deal with RBS

Helical Bar has agreed to take out a £100m revolving credit facility with the Royal Bank of Scotland.

BGC eyes up US property services firm

BGC Partners is in talks to buy or invest in struggling US property services firm Grubb & Ellis.

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