Market Leads & Opportunities
Burrington Estates backed by £28m Winslade Park boost
Burrington Estates has secured a £28m funding package from Paragon Development Finance to support its Winslade Park development in Exeter.The company is redeveloping the 86-acre estate and Winslade Manor at Clyst St Mary, which will result in luxury housing, office space and considerable leisure facilities.Paragon’s support will finance the development of up to 80 residential units across two parcels of land. The development comprises both luxury apartments built opposite the Manor House and a range of high specification houses.The deal has been structured on the basis of outline planning, with Burrington Estates well progressed towards securing detailed planning permission. The funding was led on behalf of Paragon by senior relationship director Oliver Thompson and senior portfolio manager Daniel Cresswell.
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