Origin Capital Announces New Lending Relationship with Kvika
Dublin, 12 February 2026 – Origin Capital, an established commercial real estate debt origination and management platform active in the Irish market, has announced a new relationship with Kvika.
Under the arrangement, Origin Capital will originate, structure and support the ongoing management of loans in the €2 million to €15 million range which will be provided by Kvika to Irish borrowers. The relationship enables borrowers to access flexibly structured and competitively positioned senior debt, delivered through Origin Capital’s local origination capability and supported by institutional capital.
The parent company of the Kvika Group is Kvika banki hf, an Icelandic bank with a strong focus on real estate and corporate lending. The bank is rated investment grade by Moody’s and provides a strong and stable ownership and capital base for the Group’s lending activities. Kvika also operates in the UK through Ortus Secured Finance, providing property-backed loans funded both directly and indirectly through the bank. Ortus Secured Finance has been active in the Republic of Ireland for a number of years, albeit on a limited and selective basis.
By partnering with Origin Capital, Kvika is now positioned to increase its lending presence in Ireland in a measured and controlled way, leveraging Origin’s established borrower relationships and local market knowledge. The relationship is already active, with in excess of €30 million of transactions closed to date, reflecting strong alignment between the parties and early momentum in the Irish market.
“This relationship allows us to bring high-quality institutional lending capital to Irish commercial real estate borrowers in an efficient and transparent way,” said Ross Metcalfe, CEO of Origin Capital. “Origin is combining its local expertise with Kvika’s balance-sheet lending capability to deliver certainty of execution for borrowers.”
Jon Salisbury, CEO of Ortus Secured Finance, added: “Ortus Secured Finance has been active in the Republic of Ireland for a number of years, albeit in a limited capacity. This relationship enables Kvika to increase its presence in the Irish market in a controlled and disciplined manner, benefiting from Origin Capital’s deep local expertise and established relationships. We are pleased to work with the Origin team as we scale our Irish lending activity.”
Origin Capital will continue to focus on senior secured loans against core and transitional commercial real estate assets, responding to ongoing demand in the Irish market.
For further information please contact Ross Metcalfe at rossmetcalfe@origincapital.ie