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Grand Designs presenter plans £50m bond to fund beautiful and sustainable houses

Kevin McCloud is looking to raise £50m to build beautiful and sustainable houses.

The presenter of Grand Designs is targeting investors with a five-year bond at a return of 4.8% a year.

He plans to use the funds to acquire the land to build 600 houses a year, mostly in the southeast. The homes will be a pleasure to live in, McCloud says.

The Guardian, p. 16

 

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