London, 24 July 2025: Melburg Capital Ltd [Melburg] β the highly discreet, privately owned real estate investment and development company and Winvic Construction, the UK-focused multidisciplinary main contractor and civil engineering company announce the acquisition of Spectrum, a 130,000 sq. ft office building located in Bristol city centre.
The landmark transaction marks the first since forming of a strategic partnership between Melburg and Winvic. The collaboration underscores the duoβs commitment to identifying and repositioning value-add opportunities across the UK with Winvic supporting delivery of these projects.
Originally constructed in 1984, the building is located on Bond Street, directly opposite Bristolβs Broadmead Regeneration and close to Melburgβs 360 Bristolβ a former office repositioning now being transformed into the cityβs first 399-bed eco-PBSA scheme, currently being delivered by Winvic as lead contractor.
OakNorth β the digital bank for entrepreneurs, by entrepreneurs – provided a senior debt facility to the partnership. Savills acted for the purchaser, Cushman & Wakefield acted on behalf of the joint LPA/ Fixed Charge Receivers. Keystone Law and Freedman + Hilmi provided legal services
Jack Burgess, Chief Executive of Melburg said: βWith OakNorthβs support, weβre pleased to formalise this partnership with Winvic given our successful collaboration on 360 Bristol, securing a Gateway 2 approval in record time. This acquisition reflects our confidence in Winvicβs delivery expertise, a joint commitment to pioneering ultra-low carbon development, and a shared belief in Bristolβs continued renaissanceβ
Mark Jones, Managing Director β Multiroom at Winvic commented: “Weβre proud to be collaborating with Melburg again. Our early engagement in the process has enabled us to work as a strategic partner, aligning design, buildability, and cost management from the outset. In todayβs evolving regulatory environment, particularly under the Building Safety Act, early contractor involvement is more important than ever. By combining our technical expertise with Melburgβs dynamic, value-driven approach, we are well positioned to deliver a best-in-class scheme that responds to both legislative demands and market expectations.”
Lucas Anglin, Director of Debt Finance at OakNorth added: βWeβre delighted to support Melburg and Winvic on this landmark acquisition in Bristol. The partnership between two such highly capable and forward-thinking sponsors aligns perfectly with OakNorthβs commitment to backing ambitious, sustainable projects that deliver long-term value. With their proven track record at 360 Bristol and a shared vision for regeneration, weβre confident this scheme will play a meaningful role in the cityβs next chapter.β
-ENDS-
Notes to editors
About Melburg
Melburg Capital Ltd [Melburg] is a highly discreet, fully integrated, privately owned real estate investment and development company investing in direct UK property across all sectors including; commercial and residential, mixed-use development, strategic land and asset backed operating businesses. Since inception Melburgβs principals have invested in excess of Β£1Bn through value-add and opportunistic UK property acquisitions.
WINVIC NOTES: About Winvic – https://www.winvic.co.uk/boilerplate-about-winvic/Β
Winvic Construction Ltd is a leading main contractor that specialises in the design, build and fit-out of industrial, multi-room and commercial projects, and the delivery of large-scale, complex civils and infrastructure schemes. The award-winning company has been privately owned since its formation in 2001 and has an impressive register of repeat clients and end-users, including prominent developers, global brands and funds.Β Β
- Β£1 billion+ turnoverΒ
- Enviable staff retention rateΒ
- Over 110 million sq. ft of industrial space constructed to date with a further 10 million under constructionΒ
- Over 12,500 multi-room beds developed to date with a further 5,000+ under constructionΒ
- Over 125km of highways works constructed and maintainedΒ Β
- Over 4,000 acres of major sites developedΒ
- 23 Net Zero Carbon projects completed and a further 8 underway β totalling 68 individual facilities including four civils and infrastructure schemesΒ
About OakNorth
Launched in September 2015 and founded by entrepreneurs, OakNorth is a digital bank focused on serving and empowering the lower mid-market (businesses with Β£1m-Β£100m in turnover), that are seeking to scale but are routinely underserved or overlooked by traditional banks.Β
To date, it has provided $17bn to these businesses across a wide range of sectors, achieving performance metrics that place it amongst the top 1% of commercial banks globally. Its loans have directly contributed to the creation of 56,000 jobs, and over 34,000 new homes across the UK and the US β the majority of which are affordable and social housing.Β
It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.Β
VisitΒ www.oaknorth.co.ukβ―for more information.Β
For press inquiries, please email:Β [email protected]
Β For more information, please contact:
Ian Purvis, Porterfield PR: 020 7647 4420, [email protected]