GDV
€98.4m
Units
140
Deal Duration
27 months
Build Type
self build
Cotswold Waters, Gloucestershire
With a gross development value of €98.4m this transaction of €44.4m will fund phase one of an overall scheme, consisting of 63 x 1,000 sq. ft apartments across 8 blocks, all of which are located around the shoreline of “The Lakes” with waterside views in the Cotswolds.
Originator: Emma Burke
Associate: Anthony Raud
“ We are very happy to have progressed and completed on this development facility in the midst of a pandemic. The borrower is an experienced developer who has secured excellent planning permission. This scheme is in an area of natural beauty, and with the impact of COVID-19, demand for this product has seen significant growth, as people within the UK seek “staycation” holidays.”