Arc & Co. secures £9.4m from GB Bank for refinance of prime West End mixed-use portfolio

24 March 2026

London, UK — Arc & Co. has successfully arranged a £9.4m refinance facility for a West End mixed-use portfolio comprising office & residential assets.

The five-year loan was provided by GB Bank at 71% loan-to-value against market value, with an interest rate fixed at 6.2%.

The transaction was led by Arc & Co. Managing Director Edward Horn-Smith, who has worked with the client for many years.

In order to structure the refinance successfully, GB Bank was able to top slice a regional PBSA portfolio, allowing the lender to support the transaction and deliver the required £9.4m funding.

Commenting on the deal, Edward Horn-Smith, Managing Director at Arc & Co., said:

“This was a complex refinance given the current income profile of the portfolio. Having known the client for over 15 years, it was important for us to deliver a solution that provided stability. GB Bank worked closely with us to structure a facility that achieved exactly that.”

Pankaj Thukral, Chief Lending Officer at GB Bank, added:

"Long-standing relationships are the bedrock of successful lending. Working with Edward and the team at Arc & Co. allowed us to gain a deep understanding of the client’s long-term strategy. We are proud to support this mixed-use portfolio refinance, demonstrating our commitment to flexibility and our ability to structure bespoke facilities that meet the specific needs of sophisticated investors."