TH Real Estate has been awarded a mandate from two South Korean insurance companies to provide whole loans secured against UK real estate.
Equity from Dongbu Insurance and Dongbu Life Insurance will be loaned against assets across all sectors.
It is the first separate account mandates in the UK issued by the two Dongbu companies.
Dongbu is a conglomerate covering insurance, banking, IT and steel production.
TH RE lends on stable, income-producing investments with strong potential returns.
The UK debt market is attracting international investors chasing the higher returns available compared with bonds and equities.
The market also offers a greater margin than the equivalent debt market in the US.
Christian Janssen, head of debt at TH RE, said: “The UK offers a stable commercial risk-return profile, supported by a liquid, transparent marketplace, and a creditor-friendly legal system.”
• To send feedback, e-mail mike.cobb@estatesgazette.com or tweet @MikeCobbEG or @estatesgazette
