Clients of North Wind Capital provide financing for a land holding in Hampshire

10 January 2022 North Wind Comments Off

In conjunction with Thunder Capital Sarl clients of North Wind Capital have provided £17.875mn loan secured on a strategic but unpermitted residential land site located in Hook, Hampshire.

The site offers the potential to provide up to 800 (480 private and 320 affordable) much needed new homes in an area of the country with a substantial shortage of family properties.

The development of the site is supported in principle by the local authority and it will now be taken through the planning process to secure the permissions for development.

The Sponsor is experienced investor with a track record in bringing forward strategic sites for development.