Banking
Ajoy Bose-Mallick, Ann Ebberson
August 2026
Lawrence Stephens has advised long standing client Blue Shield Capital Limited on an aggregate £24 million refinancing facility secured against two shopping centres in Redhill and Portsmouth.
The transaction, structured across two separate shopping centres and representing a 68% loan-to-value ratio, enabled the borrowers to refinance the assets while releasing equity to support future investment and business growth.
The deal showcases the strength of Lawrence Stephens’ Banking and Real Estate Finance teams, who worked closely to navigate a complex transaction and deliver a successful financing outcome for the client within a challenging timeframe. This financing helps to implement leasing and asset management initiatives for the borrower designed to improve occupancy and strengthen income, driving NOI growth.
Ajoy-Bose Mallick, Partner and Head of Banking commented:
“We are delighted to have advised Blue Shield on this £24 million refinancing facility. The transaction required close coordination between our Banking and Real Estate Finance teams to close the financing within a demanding timeframe. It was a pleasure to work alongside Blue Shield once again to help the borrower achieve their refinancing goals and support their future investment opportunities and growth.”
The Lawrence Stephens team was led by Ajoy-Bose Mallick and Ann Ebberson and supported by Matthew Hind, Aminul Islam and Bola Kim on the Real Estate Finance side, and Ashley Wright and Mithushan Sivagurunathar on the Banking aspects.
