RBS Real Estate Finance Scotland was named Property Funding Team of the Year at the Scottish Property Awards 2015.
The Real Estate unit is a 50 member team headed up by Stuart Heslop which services the whole of the country from offices in Glasgow, Edinburgh, Aberdeen, Dundee and Inverness.
The division delivered more than 200 new transactions for Scottish-based clients over 2014, providing new lending of over £400m and closed more than £1bn of real estate debt deals in the year.
Some key deals over the course of the year included £35m to Target Healthcare REIT in Stirling, £84m to Ediston Europa Fund in Edinburgh, £50m to Mactaggart & Mickel Group in Glasgow, £75m to Knight Real Estate in Aberdeen and over £110m across seven transactions to deliver over 2000 student beds in Scotland.
Stuart Heslop, Managing Director for RBS Real Estate Finance, Commercial and Private Banking, said: “This award is testament to the commitment that our Real Estate Finance Team here at RBS make to our customers and the Scottish market on a daily basis.
“Over the course of the last year the team has concluded more than 200 deals, supporting new acquisitions and refinancing from lenders across the country.
“Supporting the Scottish construction industry is of huge importance to RBS and we are truly delighted that we have received this recognition from some of the sector’s most influential individuals and organisations.”
The Scottish Property Awards is an independent awards programme which highlights the best commercial and public building work in Scotland. The awards ceremony was held in Edinburgh and was attended by more than 500 of Scotland’s top property experts.
The Property Funding Team of the Year category was sponsored by Weightmans (Scotland) LLP. Other finalists in the Property Funding Team category were: Amber Infrastructure and the SPRUCE Fund; Bank of Scotland and Santander Corporate and Commercial Banking.