We architect mandates that institutions back.

Legal precision meets entrepreneurial execution. We structure debt, governance, and capital markets solutions to institutional standards.

US$50bn+
Transactions Advised
50+ / 5
Cities / Continents
25+ years
Capital Markets & Real Estate
PCL • Dubai • Mumbai
Core Geographies

Mandates & Services

Deal Architecture

We design capital structures that unlock value across complex portfolios. From JV and pref equity to hybrid solutions, we map hold/exit strategies and align risk across stakeholders. The result is deal flow that institutions can back with confidence — executed to governance and reporting standards they recognise.

Debt Structuring

We advise and execute across the capital stack: senior, mezzanine, and pref equity. Our focus is optimising blended cost of capital while maintaining flexibility on covenants and maturities. Whether refinancing, recapitalising or raising new debt, we bring the discipline of capital markets structuring to real estate mandates.

Family Office Advisory

We help family offices professionalise their investment platforms. This includes governance frameworks, reporting upgrades, and execution processes that give principals institutional-level oversight. The outcome: greater trust with co-investors, cleaner decision-making, and readiness for larger mandates.

Capital Markets Advisory

We bridge real estate sponsors and global markets. With Linklaters and Sidley pedigree, we advise on bond and equity offerings, listings, and investor communication. Our role is to ensure issuers are market-ready, documentation is bulletproof, and pricing lands within target ranges.

Special Situations

When assets or sponsors hit complexity — workouts, restructurings, or distressed opportunities — we act as architect and negotiator. By blending real estate know-how with capital markets discipline, we structure solutions that preserve value, attract fresh capital, and stabilise performance.

Track Record

Prime Central London Portfolio Refi (£330m)

Problem: Sponsor faced a maturity wall across five trophy residential assets in Kensington & Chelsea. Existing lenders unwilling to extend on acceptable terms.
Intervention: Mandated to re-architect the capital stack. Ran a competitive refinancing process with senior banks, mezzanine providers, and insurance lenders.
Outcome: Secured a blended structure at 140bps lower cost, extended WA maturity to 5.2 years, and achieved covenant package acceptable to both sponsor and incoming mezz lender.

MBIA & Assured Guaranty – £892m Securitised CRE Portfolio

Problem: HSBC sought credit protection on a £892m commercial property loan portfolio in volatile markets.
Intervention: Represented MBIA and Assured Guaranty in structuring a super-senior credit default swap; negotiated documentation across multiple counterparties.
Outcome: Achieved risk transfer for HSBC, with MBIA/Assured positioned securely at top of capital structure.

CapitaMall Trust – Singapore’s First REIT IPO

Problem: Client needed to establish Singapore’s first REIT and access global capital markets credibly.
Intervention: Led day-to-day drafting sessions with directors and local counsel; produced disclosure document to Singapore listing standards.
Outcome: Successfully listed CapitaMall Trust; transaction created the Singapore REIT market template.

PLUS Expressways – Global Depositary Receipts Offering (Malaysia)

Problem: PLUS Expressways required international investor access beyond domestic markets.
Intervention: Extensive due diligence and disclosure drafting for offering document; negotiated with auditors on comfort levels.
Outcome: GDRs successfully offered to international institutions; broadened PLUS’s investor base and set precedent for Malaysian infra issuers.

Green Property – £150m Guaranteed Bonds due 2016

Problem: Issuer required long-dated funding with flexibility on optional redemption.
Intervention: Represented Green Property; negotiated issuer call options and events of default with lead managers and counsel.
Outcome: £150m bonds successfully placed; deal structure aligned with issuer’s refinancing needs and investor protections.

Air China – Global Equity Offering & London Listing

Problem: National carrier sought global listing with simultaneous London offering — first of its kind for PRC airline.
Intervention: Represented Merrill Lynch International as sponsor; led disclosure negotiations with UKLA.
Outcome: Successful global equity offering; landmark transaction for PRC state corporates in London.

Insights

How Family Offices Are Deploying into UK Residential Despite Higher Rates

Sep 2025
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Debt Stacks That Actually Clear in 2025

Sep 2025
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From Deal to Mandate — An Institutional Playbook for Boutique Sponsors

Sep 2025
Read more →

About

Why Us

Romun Capital operates at the intersection of institutional structuring and family office execution, ensuring transactions are both technically robust and commercially executable.

Institutional Wrapper

  • Backed by external counsel, advisors, valuers, and analysts
  • Governance standards aligned with global institutions
  • Structured reporting frameworks used by family offices and co-investors

Approach

We act as deal architects — aligning capital structures, governance, and reporting to the standards global investors recognise. Our role is to de-risk execution so that mandates get funded and closed.

Snapshot
  • Base: London (PCL focus)
  • Networks: Dubai • Mumbai • Europe
  • Sectors: Prime resi, mixed-use, select infra/capital markets
  • Model: Boutique core team + institutional partners