Posted by Morgan on 4th Aug 2008
We are delighted to have launched Ellandi Restructuring. This is a dedicated business focused on finding solutions to stressed loans and investments in UK real estate.
Ellandi Restructuring will partner with banks and property investors in order to restructure under performing loans and investments.
The impacts of the credit crunch will be far reaching within the property sector and Ellandi is able to deliver the full restructuring tool kit to our partners. This combines our skills in property, banking and restructuring with an ability to invest new capital in order to reposition projects that would otherwise become insolvent.
We have teamed up with a group of entrepreneurial investors who will invest alongside Ellandi in the restructuring process. They share our vision that this presents an opportunity to invest in projects that will benefit from both asset specific capital growth, under Ellandi's management, and a medium term market recovery.
We are plaesed to be working closely with leading law firms, accountants and major banks and we hope to be able to announce a number of deals before the end of 2008.
For further information, please see www.ellandi.com/pdf/debt_restructuring.pdf