Real Estate

Real Estate

ASK and OakNorth Bank co-lend Β£44.5M for Sheen Lane Development’s acquisition of Richmond’s former House of Fraser

Friday August 5th, 2022

Real estate funding specialist ASK Partners (β€œASK”) and OakNorth Bank, the UK bank for entrepreneurs, by entrepreneurs, have provided a Β£44.5m senior development and acquisition loan to privately owned property development company Sheen Lane Developments, to fund the acquisition and refurbishment of a former department store. The acquired 0.5-acre site located in the well-connected, affluent […]

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Real Estate

OakNorth Bank lends Β£2.3M to Create Real Estate to convert a vacant casino in central Bristol into new offices

Tuesday August 2nd, 2022

Founded in 2018, Create Real Estate acquires UK real estate assets with the opportunity to add significant economic, social and environmental value through intensive asset management and development; The capital from OakNorth Bank will support the conversion of vacant upper floors of a building in central Bristol from a casino into offices; According to the […]

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Real Estate

OakNorth Bank completes bespoke loan to support the redevelopment of major industrial estate in Derbyshire set to create 4,000 jobs for the region

Thursday June 30th, 2022

The project is being led by Verdant Regeneration, whose management team have successfully acquired and redeveloped industrial sites across the UK for over three decades; Previously the Stanton Ironworks, the site called, New Stanton Park covers over 200-acres of land between the villages of Stanton-by-Dale and Ilkeston in Derbyshire; The scheme will provide 2.6 million […]

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Real Estate

OakNorth Bank provides Β£900K loan to redevelop a major mixed-use scheme in Rock, Cornwall

Monday June 6th, 2022

The loan is to experienced property developer, SWPG Rock Limited, which is owned and managed by married couple, Duncan Lloyd-Jones and Carly Lloyd-Jones; The capital will be used to redevelop an existing major mixed-use scheme, consisting of three residential units, four commercial units and five garages; Located in the admired Cornish coastal village of Rock, […]

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Real Estate

OakNorth Bank provides Β£35.6M loan to Bruntwood SciTech to acquire and redevelop Glasgow’s Met Tower, the city’s new tech and digital hub

Wednesday May 11th, 2022

Bruntwood SciTech, a joint venture between investor and developer Bruntwood and Legal & General, is the UK’s leading property and innovation services provider dedicated to driving the growth of the science and technology sector; The capital from OakNorth Bank will support the acquisition and redevelopment of Glasgow’s Met Tower, a 14-storey office building in the […]

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Real Estate

OakNorth Bank provides SME housebuilder, SC Property, with a Β£1.4M loan for a new residential scheme in Eastcote, London Borough of Hillingdon

Thursday April 7th, 2022

Founded in 2017, Silver Circle (SC) Property specialises in delivering quality homes at an affordable price, having delivered 41 homes to date at various locations across the UK, with a further 19 due for completion in the next year; The capital from OakNorth Bank will be used to develop a new residential scheme in the […]

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