Close Brothers Property Finance announces the appointment of Shon Pallickaleth as Business Development Director, strengthening the business’s regional footprint across the Midlands, South West of England and Wales. Shon joins from Lloyds Banking Group, where he spent 15 years, most recently serving as Relationship Director, leading the bank’s Real Estate business for the South West of England and South Wales.
He has originated and executed high-value, complex real estate transactions across all major commercial and residential asset classes, working closely with private investors, family offices and property developers throughout the UK. His track record includes facilitating over £1 billion of senior debt funding for acquisitions, refinances and development projects, as well as managing and growing a loan portfolio exceeding £450mil.
Shon will focus on growing Close Brothers Property Finance’s presence in the Midlands, South West and Wales, providing tailored financing solutions for privately owned developers and housebuilders across the region and supporting delivery of residential, Build to Rent, and Purpose Built Student Accommodation. His appointment reinforces the business’s commitment to bolstering regional expertise and on‑the‑ground support.
Alongside his banking career, Shon serves as a Non‑Executive member of the Homes & Treasury Committee at Brighter Places Housing Association.
Phil Hooper, Chief Executive Officer, Close Brothers Property Finance, comments:
“Shon’s appointment marks an important step in expanding our regional expertise and strengthening our presence across the Midlands, South West and Wales. As the business continues to grow, enhancing our coverage in key regional markets is a strategic priority for us.
Shon brings a wealth of local market knowledge, strong client relationships and extensive real estate finance experience. He will play a vital role in supporting our customers and growing our portfolio in the region, particularly at a time of increased demand for flexible funding underpinned by local expertise.”
Shon Pallickaleth adds:
“I’m delighted to be joining Close Brothers Property Finance at a time of continued regional growth for the business. Close Brothers has a long-standing reputation for building trusted, long-term relationships with customers, and I’m looking forward to working closely with developers to provide tailored funding solutions that support the delivery of new schemes across the region.” Close Brothers remains focused on supporting SME housebuilders throughout the UK by combining long‑standing sector expertise with a growing regional footprint. The business continues to invest in experienced regional talent, building on its commitment to long‑term partnerships with developers and consistent support across market cycles.
