Fitch Upgrades Solutus’ Primary Servicer Ratings

Fitch Ratings has upgraded their rating of Solutus Advisors Limited from CPS3+ to CPS2-. Two new systems implemented this year have brought operational improvements including full loan life cycle management, production of statements, automatic tracking and reporting, tracking borrower conditions and monitoring breaches/insurance requirements.  Solutus’ loan administration tracking technology is commensurate with a ‘1’ rating […]

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23 July 2018

Solutus helps secure sale of six former Toys ‘R’ Us properties for £30.5m

Six former Toys ‘R’ Us properties have been sold in a series of deals worth £30.5M. Solutus managed the newly named Duke Portfolio in to special servicing following Toys ‘R’ Us (UK) Ltd entering administration in February. The portfolio is currently owned by Toys ‘R’ Us Properties (UK) Ltd with a secured debt of £263M. […]

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3 January 2018

Solutus Fitch Ratings – London – 28 December 2017

Fitch Ratings has upgraded Solutus Advisors Limited’s (Solutus) UK Commercial Primary Servicer Rating to ‘CPS3+’ from ‘CPS3’. The upgrade reflects Solutus’ wider servicing capabilities following the growth of the primary servicing portfolio.  Solutus boarded a number of new loans onto its platform over the past 18 months, and in Fitch’s view, the transfers were completed […]

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