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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, […]
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 […]
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 […]
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 […]
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 […]
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 – […]
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]