Real Estate investment banking firm the Carlton Group has closed a £35m loan to one of the UK’s largest residential and commercial developers, secured against the 1,200-acre Heyford Park estate in Oxfordshire.
The mixed-use estate is owned by Frogmore Property and the Dorchester Group. It includes 1.3m sq ft of commercial space, plus 315 occupied residential homes, and rights to develop an additional 760 residential units.
The loan follows on from Carlton’s refinancing last year of a €250m (£213.5m) loan secured by the Four Seasons Hotel in Milan, Italy.
sophia.furber@estatesgazette.com
