Dragonfly Property Finance announces rebrand

Dragonfly Property Finance announces rebrand

Dragonfly Property Finace has announced this morning that it has officially rebranded to Octopus Property.

Octopus Property is the newest division of the Octopus Group and the rebrand reflects Octopus’ growing investment activity in the property sector. It joins Octopus Investments, Octopus Healthcare, Octopus Ventures, Octopus Energy and Octopus Labs as part of Octopus’ rapidly growing business, which currently has over £6bn of funds under management.

Established in 2009, the short and medium term finance division of Octopus Property is a multi award-winning business that works primarily with brokers to provide their clients, typically property investors, developers and landlords, with rapid and bespoke borrowing solutions.

Since launch, Octopus Property has completed more than £2.2bn of loans with a capital loss of under 0.01%.

Mark Posniak, Managing Director, Octopus Property, commented: “Octopus has always been instrumental in Dragonfly’s success, having provided our first funding line back in 2009. Since we were acquired outright, it was only a matter of time before we rebranded to Octopus, which is an established, respected and energetic brand within financial services. As Octopus Property, we’re entering the busy autumn period with a spring in our step and will strive to provide brokers and their clients with the exact same service levels and certainty of lending that we delivered as Dragonfly. This is an exciting time for everyone here and we look forward to helping Octopus Property become a leading brand within the UK property sector.”


Mario Berti, Head of Octopus Property, added: “The launch of Octopus Property marks our commitment to the UK property market and the beginning of an exciting new chapter in the development of the Octopus Group. Building on the strong foundations we have put in place with Dragonfly, we will grow our share of the short and medium term finance market and continue to identify exciting opportunities in UK property where we believe we can really make a difference to our customers while delivering attractive returns to our investors. Octopus Choice, the new peer-to-peer lending platform powered by Octopus Property, is the latest example of this and underlines our goal of continually introducing new products and services for our customers.”

Join our mailing list:

Leave a comment



Latest Comments

brandonlee10
brandonlee10 24 Jul 2017

The financial ramifications of the triggering of Article 50, the starting gun for Britain's departure from the EU, are far from clear. Buyers will be most cautious in London, given that buying a home in...

view article
IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

view article
IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

view article
cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

view article
Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

view article
NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

view article
Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

view article
Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

view article
jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

view article
SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

view article
Bertrand
Bertrand 02 Jun 2017

How about the Welsh Govt introducing a scheme to protect landlords against "rogue" tenants who are then taken to court for criminal damage to the properties they trash. Pretty unlikely I suspect and politically...

view article
AmberMorris
AmberMorris 25 May 2017

"Please don't pick a novelty tune-playing doorbell. They're not 'fun'. They're stupid." Laughed a lot to this. It's actually true, though.

view article

Related stories

More articles from Business