£21m funding to convert industrial estate into homes
The new development will see 111 houses brought forward
Source: thebusinessdesk.com
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Cumbrian housebuilder backed by £3.2m credit facility from Paragon Bank
Support has come at critical time as cost inflation bites
Source: thebusinessdesk.com
Schneider Electric partners with Paragon Developments for sustainable smart building solutions
Schneider Electric has entered into a Memorandum of Understanding (MoU) with Paragon Developments, aiming to bolster sustainability within Egypt’s real estate sector. Under this agreement, Schneider Electric will equip Paragon Developments’ administrative buildings, Paragon 2 and Paragon 3, with cutting-edge smart sustainable building
Source: wn.com
Paragon launches into build-to-rent market   – Mortgage Strategy
Paragon Bank’s development finance unit has launched into the build-to-rent sector and will allocate up to £35m to support the development of institutional-grade projects. The division says its funding “will support the lifecycle of BTR schemes in established residential locations in cities and large towns across
Source: mortgagestrategy.co.uk
HTB hires Dix as development finance lending director – Mortgage Strategy
Hampshire Trust Bank (HTB) has appointed Sarah Dix as lending director. Dix, who brings 25 years’ experience in the financial services sector to the role, will take up the role within the bank’s development finance division. She joined Royal Bank of Scotland (RBS) in 1998, working in a variety of customer focused
Source: mortgagestrategy.co.uk