Shojin

Shojin was an FCA-authorised property investment platform founded in 2009 that offered both debt and equity positions in UK real estate developments. The platform focused on mid-market opportunities and had facilitated approximately £125 million in property investments prior to entering administration in March 2026.

Shojin's investments were classified as Non-Mainstream Pooled Investments (NMPIs), reflecting the higher-risk nature of the products offered. NMPI investments are not covered by the Financial Services Compensation Scheme (FSCS) for investment losses.

Shojin sourced and structured property investment opportunities, conducting due diligence on development projects before presenting them to investors. The platform offered both senior debt positions (with priority repayment) and equity positions (with participation in development profits).

Each investment was typically ring-fenced in a dedicated structure, with deal-specific terms, security arrangements, and expected timelines. The SPV structure is the reason the 16 live projects were able to continue operating after the parent companies entered administration.

Shojin offered debt and equity investment opportunities in UK property developments, with a minimum investment of £5,000. Debt investments provided fixed returns secured against property assets, while equity investments offered participation in development profits with correspondingly higher risk.

The platform did not operate a secondary market. New investments are no longer being accepted following the appointment of administrators.

Shojin was suited to investors who wanted direct exposure to property development through either debt or equity structures and who met the eligibility criteria for NMPI investments.

Both debt and equity positions carry material risk. Capital is at risk and investments are not FSCS-protected. Existing investors should refer to communications from the joint administrators for the most current information on their holdings.

Update — 23 March 2026: Shojin Financial Services Limited and Shojin Property Partners Limited were placed into administration. Simon Carvill-Biggs and Ian Corfield of FRP Trading Advisory Limited have been appointed as joint administrators and are now responsible for the companies' affairs, business and assets.

The administration was put in place upstream of the investment special purpose vehicles (SPVs), and the firm has confirmed that the 16 ongoing projects have not been disrupted. The firm will not onboard new clients or accept new investments from existing clients. Retail investors with funds currently held on the Shojin platform are reported to be unaffected, with no restrictions on withdrawals at this time. The Financial Conduct Authority (FCA) has confirmed it is engaging with the firm and the administrators to seek the best outcomes for investors.

For background, see our news coverage: Shojin Financial Services Enters Administration.