charles irvine

Charles Irvine starts new holding partnership and adds partner

Charles Irvine has announced the establishment of a new holding partnership, Charles Irvine Group LLP, and the recruitment of Marcus Perry as partner.

The launch of the new partnership was made to enable the company to embark on the next stage of its growth. 

Charles Irvine is a boutique adviser specialising in real estate investment and financing.

The company focuses on providing debt and equity capital solutions to participants in real estate markets in the UK, Germany, Italy and other European areas.

The existing businesses, Charles Irvine Limited and Charles Irvine Real Estate Limited will be 100% owned by the new LLP and will be operating subsidiaries.

Over the past 12 months, the business has assisted with securing capital of over £104m across 10 projects through equity, JV funding, debt, sale and leaseback transactions. 

The business is currently assisting on projects seeking capital of over £142m, some of which are expected to close during Q1 of 2021.

Marcus will be working alongside founders David Cunnington and Douglas Babington Smith. 

Commenting on his appointment, Marcus said: “I am delighted to have joined Charles Irvine Group during an exciting stage of its development, as we explore a number of new avenues for growing our business strategically. 

“Our deal pipeline is strong and we look forward to discussing further opportunities with existing and new clients in early 2021.”     

David added: “Marcus brings excellent industry experience and contacts from both the principal and advisory side of real estate finance, having been active in the industry for 19 years. 

“We are very excited about the prospects for growing our business over the next few years.

“We have recently agreed terms of a joint venture with a private equity firm to act as their origination and transaction management partner.

“As well as a strong presence in the UK market, our European exposure is a further key differentiator for us — we are currently active on real estate projects located in Ireland, Italy and Sweden, as well as numerous projects in the UK.”

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