The OakNorth newsroom

Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.

For press enquiries, get in touch at [email protected]

OakNorth Bank completes £33m loan to Mabec Property to develop 742 new student bedrooms in Nottingham and Sheffield

Friday October 12th, 2018

Mabec will use the finance from OakNorth to develop two major student accommodation sites – one in Nottingham and one in Sheffield; The site in Sheffield will be developed at the former Sheffield Star Building which was home of the iconic local newspaper for several decades. The building will have 259 student bedrooms; In Nottingham, […]

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Red Oak Taverns set for significant growth after securing £42m refinance and acquisition package from OakNorth Bank

Friday October 5th, 2018

OakNorth has completed its largest transaction to date – a £42m deal with Red Oak Taverns, the nationwide pub operator; The finance will be used to refinance existing debt and provide Red Oak Taverns with stand-by financing for future acquisitions; Founded in 2011, the business has successfully completed two acquisitions – one in December 2011 […]

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OakNorth Bank completes £12.7m loan to Kexgill for major new student accommodation development at the University of Hull

Tuesday September 25th, 2018

Kexgill will use the finance from OakNorth for the acquisition and refurbishment of 91 houses which will provide 436 students with accommodation; Kexgill already owns and operates 100 houses (around 500 bedrooms) at the university which have been 95% forward let for the 2018/19 academic year; Demand for student housing in Hull is approx. 7,000 […]

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Galliard to submit planning permission to develop 500 new homes in Birmingham’s Jewellery Quarter following £9.4m loan from OakNorth Bank

Wednesday August 29th, 2018

OakNorth has completed a £9.4m loan to the 50:50 joint venture between Galliard Homes and Apsley House Capital; The developers hope to use the finance to convert a 92,472 sq.ft. site in the Jewellery Quarter into a major new residential development with approximately 500 new homes; Birmingham’s population is expected to rise by 171,000 to […]

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OakNorth Bank completes largest deal to date – a £40.2m property investment loan to Select Property to develop 356 new homes in Manchester

Thursday August 16th, 2018

OakNorth has completed a £40.2m loan to Select Property, the Manchester-based property development and investment company with a global investor base covering 180 countries; The finance will be used for the developer’s newest brand – Origin Homes – and will consist of two multi-storey residential towers in the heart of Manchester; The majority of units […]

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OakNorth Bank completes deal with Baird Capital to support the acquisition of Collingwood Lighting

Friday July 27th, 2018

With Baird’s support, Collingwood Lighting hopes to expand its international footprint and increase its market penetration in Europe; This is one several deals OakNorth has done with private equity firms this year, including with Lonsdale Capital to acquire Simmons Bars, and Literacy Capital to purchase a significant minority stake in Dartmouth Partners.   OakNorth – […]

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The OakNorth newsroom

Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.

For press enquiries, get in touch at [email protected]

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