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
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 […]
Real Estate
OakNorth Bank provides £900K loan to redevelop a major mixed-use scheme in Rock, Cornwall
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, […]
Real Estate
OakNorth Bank provides £35.6M loan to Bruntwood SciTech to acquire and redevelop Glasgow’s Met Tower, the city’s new tech and digital hub
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 […]
Real Estate
OakNorth Bank, Hilltop Credit Partners, and MCAP Global Finance provide £33M loan to develop 213 new affordable homes in Worcester city centre
Hilltop Credit Partners is a leading opportunistic real estate manager in Europe providing medium-term, senior secured loans to experienced SME residential developers; MCAP Global Finance (UK) LLP is the UK subsidiary of New York based Marathon Asset Management LP, a leading global credit manager with $23bn in assets under management; The capital will be used […]
Real Estate
OakNorth Bank provides SME housebuilder, SC Property, with a £1.4M loan for a new residential scheme in Eastcote, London Borough of Hillingdon
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 […]
Real Estate
OakNorth Bank completes £32.6M loan with Dandi Group to develop a major new co-living scheme in Battersea
The loan is to Dandi Group, the multi-award-winning London based family office; The capital will be used to develop a new six-storey residential scheme with 159 co-living bedrooms at Hazel Court on Haydon Way, near Wandsworth Town station; Planning permission for the new scheme was granted in September 2021 and will see the c.16,000 sq.ft. […]