- Client: International investors resident in the UAE
- Challenge: Cross-border bridge loan involving a trust ownership structure and an expiring existing mortgage
- Loan Amount: Circa €2M bridge facility
International investors resident in the UAE approached Enness Global seeking short-term liquidity through a 12-month bridge loan secured against a prime residential property in Europe valued at over €5M. The objective was to access capital while preparing the property for sale within an anticipated 9–12-month timeframe, providing a proposed exit route for the facility and allowing the clients to pursue further investment opportunities without restructuring other assets within their wider portfolio.
The transaction involved several complexities. The property was held through a trust ownership structure spanning multiple jurisdictions, requiring careful lender selection and coordination between legal advisers. In addition, the clients' existing mortgage facility was approaching maturity, creating a fixed deadline to secure replacement funding. Identifying a lender comfortable with both the ownership structure and the clients' international profile narrowed the available lending options.
Enness Global introduced a specialist lender experienced in cross-border bridging transactions involving complex ownership structures. A circa €2M bridge facility was structured within approximately four weeks, refinancing the existing mortgage while providing liquidity ahead of the anticipated property sale. The facility was structured to maintain funding continuity throughout the proposed disposal process.
This case demonstrates how specialist bridging finance can be used by internationally based clients with complex ownership arrangements where timing is important. By structuring the facility around the anticipated property sale and coordinating the transaction across multiple jurisdictions, Enness Global helped address the expiring mortgage while providing short-term liquidity.
BRIDGING FINANCE IS SHORT-TERM BORROWING AND REQUIRES A CREDIBLE EXIT STRATEGY. DELAYS TO THE SALE OR REFINANCING OF PROPERTY MAY AFFECT THE EXIT AND OVERALL COST OF BORROWING.
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Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
