Investec has promoted Shivani Goolab to the role of head of private client lending in its real estate team.
Goolab joined Investec’s real estate team in 2015 and has closed more than £500m of real estate loans in both the development and investment space across all real estate asset classes.
Mark Bladon, head of real estate at Investec, said: “Versus the wider market, the performance of the private client team in the last financial year, and indeed the wider real estate lending platform, was highly impressive. A combination of through the cycle experience and early mover advantage in the living sector, which has turned out to be one of the most resilient parts of the market during the recent period of uncertainty, has enabled us to continue growing the loan book.
“Shivani has been central to establishing the Investec real estate team as a dominant force in the market, and as our more entrepreneurial clients look to capitalise on market dislocation and an improving backdrop, she is the ideal leader to take our offering forward.”
Goolab added: “For value-add investors and developers with the experience and conviction, the risk adjusted returns that UK real estate offers at this stage in the cycle are highly compelling. Leveraging our 30-year track record, relationship banking ethos and £3bn platform, we are uniquely placed to be the long-term banking partner of choice for this cohort.
“Whilst our core sectors remain unchanged, our holistic real estate platform will enable us to originate larger loans in what has been a historically underserved part of the market, and stimulate the delivery of new, sustainable property across the UK.”
