Amber sells portfolio for £46m

Amber’s associate-director of asset trading Mark Smitheringale commented: “This is the third time Amber has sold assets to GMAC. We already have an extremely strong working relationship with GMAC having completed 11 transactions to date, and I look forward to continuing to develop this relationship further in the future.”

Craig Beresford, director of asset sales at GMAC-RFC, said: “This latest transaction in our arrangement with Amber reinforces our commitment to our 'create and trade' strategy, and demonstrates the importance of building key partnerships within the market. Building on and maintaining the type of relationship that we have with the team at Amber is key to our success.”