Market Leads & Opportunities
Bristol home project receives £20.5m finance package
Caridon Group has received a £20.5m finance package to build 629 new homes in Bristol.The loan from OakNorth will enable Caridon to build the £65m development – the company’s largest yet.The finance will be used for the development of several hundred new residential units in Bristol.The site had already received planning permission for the development of 380 flats over two blocks. However following the loan Caridon Group were able to increase this to 629 flats across three blocks.The site currently operates as an office complex spanning 250,000 sq ft.
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