Schroders has acquired a 50.1 percent ownership stake in Australian commercial real estate lending specialist RF Eclipse Ltd., a leading alternative lender to small and medium-sized enterprises in the real estate market. The business specializes in investment, development and construction financing across residential, commercial, retail and industrial properties.
RF Eclipse was established in 1999 and operates as an integrated platform with capability across loan origination, loan management and funds management. It is currently wholly owned by the RF Group, the family office of Andrew Roberts, former majority shareholder of Multiplex property group. Under this agreement, the RF Group will retain 49.9 percent ownership and both Schroders and RF Group will have equal board representation and control.
Following completion of the transaction, RF Eclipse will be renamed “Schroder RF,” recognizing the complementary capabilities that both parent organisations bring to cl