A £25m fund has been launched by Basingstoke and Deane Borough Council to support commercial and regeneration property and infrastructure projects.
The Invest to Grow Fund will provide debt and equity finance for development projects within the Basingstoke and Deane Council area. All capital will be reinvested into future growth projects.
The fund will commit capital to projects that contribute to the council’s economic priorities, which include the delivery of 4,000 new jobs, £233m GVA per annum and 13,400 new homes.
Investment decisions will give due consideration to the Enterprise M3 local enterprise partnership growth priorities.
The fund is advised by CBRE Indirect Investment Services the FCA-regulated arm of CBRE, and chaired by Basingstoke and Deane Borough Council.
Applicants are advised to contact CBRE’s George Richards, director, capital advisors, to discuss their funding requirements.
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