Investec, a provider of residential and commercial development and investment finance to corporate, institutional and private clients has appointed Shivani Goolab as head of private client lending in its real estate team.
Under Goolab’s leadership, the firm’s private client offering will continue to provide ultra-high net worth individuals, family offices and privately owned UK corporates with bespoke financing solutions across the risk spectrum, with a focus on value add and opportunistic strategies.
Reflecting the stage of the cycle and its legacy residential sector bias, Investec is targeting an increased loan book weighting towards the “undersupplied” living development market.
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Since joining Investec’s Real Estate team in 2015, Shivani has closed over £500 million in real estate loans across various asset classes. She studied MBA from Columbia Business School in 2021.
Mark Bladon, head of real estate, Investec, commented: “Versus the wider market, the performance of the private client team in the last financial year, and indeed the wider real estate lending platform, was highly impressive. A combination of through-the-cycle experience and early mover advantage in the living sector, which has turned out to be one of the most resilient parts of the market during the recent period of uncertainty, has enabled us to continue growing the loan book.”
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Goolab said: “For value-add investors and developers with the experience and conviction, the risk adjusted returns that UK real estate offers at this stage in the cycle are highly compelling. Whilst our core sectors remain unchanged, our holistic real estate platform will enable us to originate larger loans in what has been a historically underserved part of the market, and stimulate the delivery of new, sustainable property across the UK.”
