Pallas Capital has launched its UK business, bringing its bridging and development lending proposition to the market as part of a wider international expansion.
The move builds on the scale of the Pallas Group, which manages a £1.8bn loan book and has completed more than 1,100 loans and other investment types worth close to £2.75bn since 2016.
Current funding lines include Goldman Sachs, Morgan Stanley, National Australia Bank and Westpac Limited, supporting its activity across multiple jurisdictions.
In the UK, Pallas Capital will offer a broad range of real estate finance products, covering residential, mixed-use and commercial assets. The proposition includes bridging, development exit, light and heavy refurbishment, vacant land and development finance, aimed at supporting borrowers through acquisition, development, refinancing and transitional phases. The lender places emphasis on speed, certainty of execution and structured solutions tailored to individual transactions.
Executive director Ben Keenan, said, “The UK mid-market may be crowded, but too many developers and brokers still face slow processes, shifting credit appetite and inconsistent service. Pallas is built to change that. We’re a well-funded and execution driven lender, with a reputation for focusing on customer experience, and a commitment to being best in class wherever we operate."
“Our platform has delivered on this commitment in Australia and New Zealand; we see a major opportunity to bring that standard to the UK.”
Chief Credit Officer, Uliana Kuzmis, added, “There is a clear need for platforms that can balance rigorous credit assessment with commercial agility. Pallas Capital’s track record demonstrates exactly that. I’m looking forward to shaping a credit framework that supports responsible lending while enabling developers and investors to progress high-quality projects with confidence.”
