Housebuilder Vanderbilt Homes has secured an additional £12.5m of funding from Cheyne Capital Management and refinanced its debt.
The capital injection from Cheyne will support the company’s growth plans. Vanderbilt Homes is looking to invest more than £45m in new land acquisitions having recently doubled the size of its land team and appointed Duncan Klitgaard from CALA Homes as group land director.
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