The regeneration company behind Speke's Matchworks estate and the Tea Factory on Wood Street has secured new funding and vowed to invest some of the cash in the city.
Urban Splash, which is also behind the Vanilla Factory on Fleet Street, secured the eight-year debt facility deal on its commercial portfolio with Aviva Investors. As reported by Business Live, as part of the arrangement, the company has committed to funding an 800,000 sq ft workspace portfolio primarily focused on Liverpool and Manchester.
It also includes a requirement from Urban Splash to work towards ESG improvements of the assets as part of Aviva Investors’ Sustainable Transition Loans framework.
