Investec Bank (Channel Islands) Limited has provided an £8.17 million property investment loan to Field Day Commercial Property Limited, secured against three commercial properties in Guernsey. The facility refinances existing borrowing and supports Field Day’s continued investment in a portfolio that spans office, car parking, retail and leisure uses.
A key asset within the portfolio is Mill Place in St Peter Port, a 14,000 sq ft mixed-use building that Field Day refurbished and modernised in 2025. The former industrial office building now provides traditional and serviced office space alongside residential accommodation and an on-site café, with elements of its original character retained through the conversion.
Field Day Developments is a design-led commercial property development and investment business focused on Guernsey. The company acquires buildings where it identifies scope to add value through development and active asset management, with projects spanning office, leisure, retail and mixed-use property.
The transaction extends an existing relationship between Investec Bank (Channel Islands) and Field Day. Previous Investec-supported projects include Upper House, Rock House and Royal Terrace in Guernsey, as well as Bearwood Parade in Birmingham.
“Field Day required financing that reflected the different properties within its portfolio and the company’s plans for continued investment,” said Scott Philpott, business developer, Guernsey, at Investec Bank (Channel Islands) Limited.
“Investec worked closely with Luke and the Field Day team to provide a practical structure aligned with those requirements, rather than applying a standard lending approach.
“The £8.17 million loan gives Field Day a stable financing base across its Guernsey portfolio. It also demonstrates how Investec’s local knowledge and offshore real estate expertise can be combined to provide property clients with financing shaped around their assets and wider strategy.”
Luke Daynes, commercial director at Field Day Developments, noted that the lender’s familiarity with both the business and the local market informed the process. “Investec has supported Field Day across several property projects and has developed a strong understanding of both the business and the Guernsey market,” he said.
“Scott, Peter and the wider Investec team took the time to understand the portfolio and worked with Field Day to shape the financing around its plans.
“Investec provided responsive and collaborative support throughout the process. The strength of the relationship and the team’s practical approach helped deliver a financing structure suited to Field Day’s requirements and its continued investment in Guernsey.”
Daynes leads the business alongside Peter Schofield, development director, who is responsible for construction, project management and delivery. Daynes covers strategy, acquisitions, financing and asset management.
The transaction was delivered by Philpott and Peter Roberts, with support from Nicole Sorbie in credit lending services.
Investec’s offshore real estate team provides development and investment finance to property professionals, offshore financial intermediaries and Channel Island corporates with structures or investments in the Crown Dependencies and the UK, across living, office, industrial and logistics, and retail property.
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