Finance

Man Group agrees £50m lending deal for affordable housing schemes

By 2022-12-19T11:07:00

Affordable housing

HSBC has provided a £50m lending package to Man Group to help fund the development of more than 1,300 homes across the country, 90% of which are expected to be affordable.

Man GPM, the global private markets business of Man Group, will use the funding initially to assist with building 600 homes across the South East, Midlands, Cambridgeshire and East Sussex. 

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