Investec (Channel Islands) provides £8.2m loan for Guernsey commercial property portfolio

Investec Bank (Channel Islands) (IBCI) has delivered an £8.17m property investment loan to Field Day Commercial Property Limited, secured against three commercial properties in Guernsey.

The loan refinances existing borrowing and supports Field Day’s continued investment in a portfolio spanning office, car parking, retail and leisure uses.

A key property within the portfolio is Mill Place in St Peter Port, a comprehensively refurbished 14,000 sq ft mixed-use building providing traditional and serviced office space alongside residential accommodation and an on-site café.

Field Day completed the refurbishment and modernisation of the former industrial office building in 2025, updating the property for its current mix of occupiers while retaining elements of its original character.

The transaction extends a longstanding relationship between IBCI and Field Day.

Investec has previously supported the business across a range of property projects, including Upper House, Rock House and Royal Terrace in Guernsey, as well as Bearwood Parade in Birmingham.

Scott Philpott, business developer for Guernsey at IBCI, commented: “Field Day required financing that reflected the different properties within its portfolio and the company’s plans for continued investment.

“Investec worked closely with Luke and the Field Day team to provide a practical structure aligned with those requirements, rather than applying a standard lending approach.

“The £8.17m loan gives Field Day a stable financing base across its Guernsey portfolio.”

Luke Daynes, commercial director at Field Day Developments, said: “Investec has supported Field Day across several property projects and has developed a strong understanding of both the business and the Guernsey market.

“Scott, Peter and the wider Investec team took the time to understand the portfolio and worked with Field Day to shape the financing around its plans.

“The strength of the relationship and the team’s practical approach helped deliver a financing structure suited to Field Day’s requirements and its continued investment in Guernsey.”

The transaction was delivered by Scott and Peter Roberts, with support from Nicole Sorbie in credit lending services.