Melburg seals strategic partnership with Winvic to deliver off-market 130,000 sq ft Bristol acquisition

London, 24 July 2025: Melburg Capital Ltd [Melburg] – 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 duo’s 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 Bristol’s Broadmead Regeneration and close to Melburg’s 360 Bristolβ€” a former office repositioning now being transformed into the city’s first 399-bed eco-PBSA scheme, currently being delivered by Winvic as lead contractor.

OakNorth – 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: β€œWith OakNorth’s support, we’re 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 Winvic’s delivery expertise, a joint commitment to pioneering ultra-low carbon development, and a shared belief in Bristol’s continued renaissance”

Mark Jones, Managing Director – Multiroom at Winvic commented: “We’re 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 today’s evolving regulatory environment, particularly under the Building Safety Act, early contractor involvement is more important than ever. By combining our technical expertise with Melburg’s 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: β€œWe’re 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 OakNorth’s 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, we’re confident this scheme will play a meaningful role in the city’s next chapter.”

-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 Melburg’s 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 – 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 – 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]

You may also be interested in

Melburg seals strategic partnership with Winvic to deliver off-market 130,000 sq ft Bristol acquisition

Read more

OakNorth provides $21m note-on-note facility to Oak Funding to support new mixed-use scheme in South Bronx, New York

Read more

Private real estate investor, GoodHomes, to develop new 13-storey multifamily scheme in Silver Spring, Maryland, following a $14.7m loan from OakNorth

Read more