Investec has appointed Shivani Goolab as head of private client lending in its real estate team.
Goolab joined Investec’s real estate team in 2015 and since then has closed more than £500m of loans in the development and investment space across all real estate asset classes.
In her new role, Goolab will be charged with overseeing Investec’s private client offering, which provides individuals, family offices and privately owned UK corporates with bespoke financing solutions across the risk spectrum, with a particular focus on value-add and opportunistic strategies.
The appointment comes after Investec’s private client team, comprising 11 members, enjoyed a strong 2023/24 financial year, committing £400m of investment and development senior debt across a mix of structurally undersupplied and dislocated sectors.
Going forward, Investec is targeting an increased loan book weighting towards living development. In addition, Investec will seek to underwrite larger-ticket loans.
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.”
Photo © Investec
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