--- title: "HREF signals more Jersey lending after £7.5m office deal" url: https://www.nsfw.info/href-75m-bridging-loan-st-helier-offices/ published: 2026-10-30T10:30:48+00:00 modified: 2026-10-30T10:30:48+00:00 author: "Chief Editor" categories: ["Business"] image: https://www.nsfw.info/wp-content/uploads/2026/10/href-75m-bridging-loan-st-helier-offices-1024x572.webp summary: "Specialist lender HREF has completed a £7.5m bridging loan against two fully let St Helier office blocks and says it plans to do more business in the Channel Is" publisher: NSFW (https://www.nsfw.info) --- # HREF signals more Jersey lending after £7.5m office deal **In brief:** Specialist lender Hilco Real Estate Finance (HREF) has completed a £7.5m bridging loan secured against two fully let office buildings in St Helier. The 24-month facility is designed to facilitate the sale of the assets, which together provide more than 35,000 square feet of commercial space. HREF says it expects strong buyer demand and has signalled its intention to grow further in the Channel Islands. ## The Deal Bridging and Commercial reports that HREF has provided a £7.5m bridging loan against two adjacent five-storey office blocks in St Helier, Jersey’s capital. The two buildings together offer 35,722 square feet (3,319 square metres) of space and are currently fully let, meaning the vendor heads into a sales process with the comfort of a fully income-producing asset. The 24-month facility gives the borrower a clear runway to complete a sale in an orderly fashion rather than under the pressure of a hard deadline. That kind of breathing room can make a meaningful difference to the price achieved, particularly in a specialist market like Jersey commercial property, where the pool of buyers is smaller than in a major city but the appetite among well-capitalised investors remains real. ## What HREF Says Sean Adams, managing director at HREF, pointed to the quality of the assets as a reason for confidence. “Well-located and fully let, we anticipate strong demand from buyers during the sales process and we look forward to seeing the business plan delivered,” he said, adding that situations of this kind “require specific understanding alongside the ability to deliver capital solutions for experienced borrowers.” Alexey Shokhin, origination director at HREF, was equally direct about the firm’s ambitions in the island. “Jersey is a market that we understand well and have considerable experience of through previous loan facilities,” he said. “Our underwrite capabilities cover the full range of real estate assets and we anticipate further business in the Channel Islands in the future.” That is not the language of a lender dipping a cautious toe into unfamiliar waters. HREF is clearly positioning Jersey and the wider Channel Islands as a meaningful part of its forward strategy, which is encouraging news for borrowers in the islands who need access to flexible, specialist capital. ## Why It Matters for Jersey Jersey’s commercial property market occupies a curious position. The island’s status as an international finance centre means demand for quality office space has historically been robust, yet the market is compact enough that large transactions attract attention. A £7.5m bridging facility against two fully let, well-located St Helier office blocks is a vote of confidence in the underlying value of Jersey commercial real estate. For local businesses, landlords and property investors, the presence of specialist lenders willing to deploy capital in Jersey is genuinely useful. High street banks have become increasingly cautious about complex or time-sensitive commercial property transactions, and bridging finance from experienced operators fills that gap. The fact that HREF has flagged its intention to do more business in the Channel Islands suggests that gap may be narrowing. The fully let status of the buildings also says something about the state of the St Helier office market. Vacancy rates in some parts of the world have soared as remote working reshaped demand, but Jersey’s finance-driven economy has kept boots on the ground, and on office floors, in a way that many larger jurisdictions have not managed. ## The NSFW Perspective There is something quietly satisfying about a story in which a specialist lender looks at Jersey, does its homework, and decides the island is worth backing, not once but repeatedly. HREF is not a charity; it deploys capital where it expects returns, and it clearly likes what it sees in the Channel Islands. For a readership that values sound investment, stable assets and the kind of no-nonsense commercial thinking that keeps an economy ticking, this is a perfectly decent piece of news. Two fully let office blocks in St Helier, a well-structured 24-month facility, an experienced borrower and a lender that knows the market. No drama, no ideology, just property finance doing what property finance is supposed to do. More of this, please. *Source: [bridgingandcommercial.co.uk](https://bridgingandcommercial.co.uk/href-provides-75m-against-jersey-office-assets)*