naismiths

Naismiths secures investment from Shawbrook Bank to support its expansion



Naismiths has secured a £2m term loan and £500,000 revolving credit facility from Shawbrook Bank to enable its continued expansion across the UK, and to allow the company’s old shareholders to fully exit the business.


The real estate consultancy is targeting further growth in the regional residential, student accommodation and big box industrial property sectors, and is looking to further expand geographically in the next 12 months. 

It also aims to increase its workforce by 15% across its national office network.

Ben Harwood, finance director at Naismiths (pictured above, middle), said: “We saw record demand from the residential sector last year, driven by people’s changing priorities and residential developers focusing on meeting the growing demand for housing with more green space. 

“Lifestyle changes have also had a significant impact on the industrial sector — a boom in ecommerce has propelled demand for logistics and warehousing accommodation. 

“Our business is focused on having a national reach with regional understanding, and working with Shawbrook Bank, which has proven itself to be a flexible and committed funding partner, is enabling us to extend our reach across the UK.

“As we rapidly grow and put our plans into action, it is important that we have a trusted funding partner that can support our long-term strategy. 

“With flexible funding that matches our needs and a strong appetite to really get behind our ambitions, we are pleased that Shawbrook Bank is that funding partner.”

Amy Beasley, director in the corporate lending team at Shawbrook Bank, added: “Naismiths has a strong track record and an impressive base of high quality customers. 

“We’ve built a solid relationship with it over a number of years and know it is an expert in what it does.”

Pictured above (L-R): Gareth Belsham, head of building consultancy at Naismiths; Ben Harwood, finance director at Naismiths; Marcus Higgins, director – national head of project monitoring at Naismiths



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