Announced
Completed
Financials
Tags
Acquisition
Household Equipment and Products
Majority
Joint Venture
Completed
development
construction
Domestic
Private
Friendly
Single Bidder
United Kingdom
Synopsis
Housing Growth Partnership, an equity investor, and McGoff Group, a privately owned, construction and integrated support services business, formed a £13m joint venture. "Our investment with McGoff highlights the role that equity funding plays in getting housing projects off the ground across the UK during a high interest rate environment. Downtown Victoria North promises to be an excellent scheme that will provide tenants with a high-quality place to live within walking distance from the city centre. McGoff have a great track record in the delivery and operation of schemes of this nature across the North West and we look forward to partnering with them on this and other developments.” John McKeon, HGP Investment Director.
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