Gresham House secures £15m loan for Sheffield build-to-rent project

By David Parsley2021-10-18T09:51:00

Alternative asset manager Gresham House has secured a three-year £15m loan from boutique bank Leumi UK to fund the development of 229 build-to-rent apartments in Sheffield.

The loan was agreed via a majority owned holding vehicle of Gresham House’s British Strategic Investment Fund I (BSIF I), which is a closed-ended 12-year fund that invests in sustainable and affordable housing, as well as sustainable infrastructure projects, around the UK.

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