Beaufort Completes Working Capital Facility with Inland Homes plc

Posted by

Beaufort is delighted to announce the completion of a working capital facility for AIM-listed Inland Homes plc’s joint venture company, Cheshunt Lakeside Developments Ltd, for the first phase of a significant mixed-use development in Cheshunt, Hertfordshire.

The entire site, situated adjacent to Cheshunt station, and which includes the former Tesco HQ, will deliver 1,725 new homes, along with approximately 19,000 sqm of commercial space, with space within this allocated for a new a two-form entry primary school. The projected GDV of the completed project is forecast to be around £620m.

Inland Homes is a leading brownfield developer, housebuilder and partnership housing company with a focus on the south and southeast of England. It currently has a land bank of 11,045 plots with a GDV in excess of £2bn.

Read the full press release here:

https://www.beaufortcapital.co.uk/marketing/deal-announcement-cheshunt-november2020.pdf