OakNorth has lent £2m to Warwick Estates – the established property management business which manages over 850 sites, encompassing 27,500 units; The debt finance will assist the company in its ‘buy and build’ strategy as it looks to acquire other property management businesses and develop as a market leader in a fragmented market; Warwick Estates […]
OakNorth has lent £22m to Newby – the mix use property developer with a potential portfolio of over £300m; The loan has been used to acquire a vacant office building in the centre of York with permitted development rights for a 77-unit scheme. The GDV of the proposed development is £40m and construction is due […]