Roundup of the latest news from Assetz Capital
Welcome to the latest edition of the Round-Up Blog from Assetz Capital – for summer 2024. While the summer months haven’t been great in terms of the weather, it’s been a busy and successful couple of months for us.
Read on to discover more about our latest completions, our expanding team and how we conquered the Yorkshire Three Peaks!
Completed deals
While we’ve completed a number of deals recently, the highlight was a development finance deal for £6.8m at an LTV of 65%. This will enable the ground up development of 3, 6 bed luxury manor houses in Surrey.
Jon Pike, our Relationship Director who led the project said, “It was a pleasure to structure this development deal for such a highly professional team and in a stunning location. Whilst title and site access issues proved a legal challenge, outstanding teamwork and the can-do attitude of the team at Assetz and the developer found the way through.”
Events
We were thrilled to have exhibited once again at the NACFB Conference In Birmingham. It was fantastic to connect with so many professionals and share insights on the latest industry trends. If you didn’t get chance to come and say ‘hi’, then you missed out on one of our specially branded doughnuts! But don’t worry as you can check out our highlight video to relive the day (without a doughnut).
We host our live webinar sessions once a quarter and they are regularly attended by over 100 property professionals. Our Q2 event in July was yet another insightful 30 minutes, delivered by our in house expert Jonathan, our Development Monitoring Director. If you’d like to refresh your memory, or couldn’t join us on the day, then why not watch the video of the session? If you’re not up to speed on topics such as the outlook for construction costs or Biodiversity Net Gain – then it’s well worth a watch.
Our people
In our summer 2024 blog, we welcome back to Assetz Capital Mark Roberts, who joined us as one of our Relationship Directors, focussing specifically on developing our development finance business, both in the North West and nationally.
In the press
Our Managing Director, Andrew Charnley, featured in the trade press, sharing his thoughts on the opportunities for the property sector following the Chancellor’s first speech and the King’s Speech to Parliament.
That’s the Assetz Capital round up for Summer 2024. Here’s some of our previous round up blogs you may be interested in reading from this year – May 2024, April 2024, March 2024, February 2024.
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