Pacific Aegis Capital Management Group (“PACM”) Completed its First Cross-border Deal Spanning HK, the UK and Canada

Pacific Aegis Capital Management Group (“PACM”) has successfully navigated a complex financial transaction spanning across three nations – Canada, the United Kingdom, and Hong Kong, China. This deal involved secured financing of HKD 210M across five assets, collectively worth HKD1.6B. Our primary security in this transaction was a senior mortgage.

On August 9th, 2023, PACM engaged in a strategic senior mortgage financial deal that involved two target BVI companies. These companies wholly own two residential assets in Hong Kong, collectively valued at HKD 1.2B. The deal was further bolstered by the inclusion of two London-based assets and one Vancouver-based asset, collectively valued at HKD 450M .

The combined residential assets, across all three geographies, total approximately 44,200 square feet. The two Hong Kong properties measure approximately 8,000 and 6,000 square feet, the London properties are around 4,000 and 5,200 square feet, and the Vancouver property covers an expansive 21,000 square feet.

Francis Ng, Managing Director and Chief Investment Officer of PACM, commented on the deal saying, “This innovative financial strategy has not only provided alternative financing for assets but has also bolstered our position as a global real estate private credit investment firm. At PACM, we hold timeliness, trustworthiness, and transparency as our guiding principles, and with our disciplined approach, we consistently ensure business growth and foster strong relationships with our partners and investors.

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