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Birmingham Post
Birmingham Post
Business
Jon Robinson

Landlord strikes £100m deal to help deliver 11,000 affordable homes by 2030

Great Places NatWest

A Manchester landlord has agreed a £100m deal that will help is deliver 11,000 affordable homes by 2030.

Great Places Housing Group has worked with Savills Financial Consultants to agree the revolving credit facility with NatWest.

The deal consists of £85m refinancing of existing debt and £15m new debt. The deal consolidates existing loan funding held by Great Places and Equity Housing Association that pre-dated their merger in April 2020.

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