Leumi UK lends £18.19m to NP Investment Management across two transactions
Posted: 21 Jan 2026 | Share
Specialist real estate lender Leumi UK has completed two loans totalling £18.19m across two transactions involving investment and asset manager NP Investment Management (NPIM).
The first facility, a £12.3m loan, supported the acquisition of a mixed-use retail and office asset in Oxford city centre. This transaction represents the second deal completed by NPH Red Oak, a joint venture platform between NP Investment Management and Hay Wain Group. The standalone asset is centrally located and provides both existing income and significant potential to redevelop part of the property.
The second loan, a £5.89m facility, was provided to NPIM for the acquisition and upgrade of an industrial asset located on the well-established Aztec West Business Park in Bristol. The asset comprises two adjoining units that are fully let, with NPIM working alongside tenants to upgrade and improve the building’s energy efficiency.
Both acquisitions align with NPIM’s strategy of driving rental and capital value growth by repositioning commercial assets to meet evolving green and sustainable regulatory criteria.
Graeme Dornan at NPIM, said: “Across both transactions, Leumi UK’s flexibility and commitment to delivering tailored financing solutions that met our specific needs really stood out. These are two very different assets, but on each occasion the Leumi UK team demonstrated a clear understanding of the unique sector dynamics and worked quickly to get the deals over the line. We look forward to progressing our plans to maximise value at each site.”
Nick Westoby, Relationship Director at Leumi UK, commented: “NPIM is a well-established and respected investor and developer in the UK, so we were delighted to agree not just one but two deals with the company. We worked hard to deliver bespoke solutions that met the priorities and ambitions of NPIM, allowing them to implement their business plans at each asset. We wish to further strengthen our partnership with NPIM into 2026.”