News
19.12.2022
Planning consent achieved for change of use on Bloomsbury assets
GFZ Holdings has successfully achieved planning permission for change of use from office to residential on two adjacent Georgian townhouses in Bloomsbury.
ASK provided a senior loan facility against both properties and the loan has now been redeemed with the sale proceeds from one of the two buildings.
News
05.12.2022
ASK features in Real Estate Capital’s Small Ticket Lenders Guide 2022
ASK is delighted to feature in the 2022 edition of Real Estate Capital’s Small Ticket Lenders Guide. The guide includes challenger banks, specialist non-bank lenders and online finance platforms active in the European real estate lending market and offering loans in the €1-20m bracket.
News
29.11.2022
Solihull three phase development completed
The Broadoaks development in Solihull, delivered by Investin plc and Bespoke Construction Ltd, and funded by ASK, is now complete.
The 3.4-acre site, formerly occupied by an 84,000 sq ft office building, has been transformed into a stunning residential scheme of 181 high-specification apartments and nine townhouses.
Blog
22.12.2022
Last year in real estate and predictions for 2023
Lending in volatile times
Daniel Austin, CEO and Co-founder at ASK makes his predictions for the real estate market in the coming year
News
19.12.2022
ASK nominated in two categories at Real Estate Capital’s awards 2022
For the second year running ASK is one of four nominees for Real Estate Capital’s 2022 Small Ticket Lender (loans sub €20m) of the Year and, in addition, has been nominated for the first time in the category of Mid-Market Financing Deal of the Year (20m-70m market) Europe for a co-loan with OakNorth Bank to fund the development and acquisition of Richmond’s former House of Fraser.
Blog
18.11.2022
What next for new partners ASK and OakNorth Bank?
In October 2022, ASK and OakNorth Bank announced a corporate transaction whereby OakNorth acquired a 50% stake in ASK.
The transaction has cemented a long-standing and successful working relationship
The companies have worked closely for five years, completing many transactions together
Both share a desire to delight and deliver for customers
Both have flexible approaches to funding and are agile with an entrepreneurial approach
Both are at different points in the capital stack which creates a great synergy and no competition between their sets of capital
To discuss the rationale behind this transaction and how they plan to navigate the challenging economic times as partners, Daniel Austin, ASK’s CEO and Co-founder, and Ben Barbanel, OakNorth Bank’s Head of Debt Finance, hosted a webinar for clients and investors.
Here are some of their responses to key questions raised during the webinar:
Insights
11.11.2022
How will BTR fare in the current economic environment?
ASK’s CEO and Co-founder Daniel Austin comments in Property Week on the impact of rising debt costs and widening yields on investor appetite for the sector.
