Aldermore Bank has provided a £13m commercial mortgage facility to Mantle Group, supporting the next phase of growth across its office portfolio in the South East and Eastern England.
The funding builds on a relationship between the two businesses that dates back to 2014 and is structured across two facilities for entities within the wider Mantle Group.
The refinance consolidates existing borrowing while creating headroom for future expansion.
Mantle Group is now reviewing a pipeline of five office schemes, including opportunities across the South East and around Stansted Airport, as it looks to grow its portfolio of flexible office space with a focus on sustainability and occupier experience.
Azfar Rizvi, commercial director, commercial real estate at Aldermore, says: “At Aldermore, our customers sit at the heart of every decision we make. Mantle Group is a great example of how we build long-term partnerships by listening closely to their ambitions and tailoring solutions that support their growth.
“We’re proud to have worked alongside Mantle for more than a decade, and this latest facility reflects not only the strength of their portfolio but also our commitment to backing clients who put sustainability and occupier experience at the centre of their business.
“We look forward to continuing this journey together as they expand across the region.”
Michael Graham, CRE business development manager at Aldermore, adds: “This refinance demonstrates how Aldermore partners with long-standing clients to deliver bespoke funding solutions.
“By enhancing Mantle Group’s existing facilities and creating a platform for future expansion, we’re helping them to deliver flexible workspaces that meet evolving market needs.
“It’s inspiring to work with a business that shares our commitment to innovation, and we’re excited to support their next phase of development.”
Guy Baker, CEO of Mantle Group, says: “Aldermore has been a trusted funding partner for many years, and their support has been instrumental in helping us grow and enhance our portfolio.
“This refinance enables us to continue investing in high-quality, flexible office environments while accelerating our ESG ambitions, from zero-waste goals to renewable energy and intelligent building systems.
“We’re committed to creating sustainable, future-ready workplaces for our members, and we value Aldermore’s understanding of our business and their proactive, collaborative approach.”
