Short and medium term lender Dragonfly Property Finance, part of the Octopus Group, has rebranded to Octopus Property.
Octopus Property is the newest division of the Octopus Group and the rebrand reflects Octopus’ growing investment activity in the property sector.
It joins Octopus Investments, Octopus Healthcare, Octopus Ventures, Octopus Energy and Octopus Labs as part of Octopus’ rapidly growing business, which currently has more than £6bn of funds under management.
Since launch, Octopus Property has completed more than £2.2bn of loans with a capital loss of under 0.01 per cent.
Mark Posniak, managing director of Octopus Property, said: “Octopus has always been instrumental in Dragonfly’s success, having provided our first funding line back in 2009.
“Since we were acquired outright, it was only a matter of time before we rebranded to Octopus, which is an established, respected and energetic brand within financial services.
“As Octopus Property, we’re entering the busy autumn period with a spring in our step and will strive to provide brokers and their clients with the exact same service levels and certainty of lending that we delivered as Dragonfly.
“This is an exciting time for everyone here and we look forward to helping Octopus Property become a leading brand within the UK property sector.”
