M&G Investments

Dumfries and Galloway Housing Partnership (DGHP) is to refinance its existing bank debt after securing a £114 million financing deal with M&G Investments. DGHP, which became part of Wheatley Group in December 2019, has ambitions to develop up to 1,000 homes over the next five years.

Atelier Capital Partners has launched into the short-term lending and development finance market with finance provided by funds managed by M&G Investments. The company, which formed last year, provides finance for developments across the UK and has already financed projects in Scotland.

Plans to build more than 600 new homes in one of Glasgow’s key regeneration areas have moved a step closer to becoming reality. A masterplan for the site in Hamiltonhill received planning permission in principle in December. And now, developers behind the £90 million mixed-tenure project

Queens Cross Housing Association has now secured £40 million funding from M&G Investments for ambitious plans to transform the Hamiltonhill area of Glasgow into a new urban ‘suburb’. The Association is to build 300 affordable homes for rent on the site just north of the city ce