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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, […]
OakNorth Bank completes £40M loan to Certified B-Corporation, Newcore Capital Management, to support the growth of its social infrastructure fund
Newcore Capital Management is a UK social infrastructure real estate investment manager with £350m of assets under management; The capital from OakNorth Bank will support the growth of Newcore Strategic Situations Fund V, Newcore’s value add social infrastructure fund; Social infrastructure real estate is integral to the functioning of society and supports the quality […]
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 […]
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 […]
OakNorth Bank completes £40M loan to Zetland Capital to acquire and expand pub portfolio operated by Portobello Starboard
The portfolio is made up of 17 high quality freehold pubs located across London villages / suburbs and the South coast and operated by Portobello Starboard; With the loan from OakNorth Bank, Zetland Capital will grow this pub portfolio through acquisitions across London and the south of England; Pubs were some of the worst-hit businesses […]
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 […]
