Dial Partners LLP has successfully raised £25 million of financing, in a combination of equity, senior and mezzanine, to fund the Project Wisteria development to completion.
The project is a gated secure development of 12 substantial executive homes in the prime location of Englefield Green, near Egham in Surrey, with a gross development value of over £45 million.
Detailed planning consent has been awarded by Runnymede Borough Council to create the exclusive community with landscaped gardens in the heart of the village, close to Windsor Great Park.
Each individual plot provides accommodation over three floors with garaging, at least two car parking spaces and individual landscaped gardens.
The Surrey-based specialist housebuilder Octagon Homes will be responsible for constructing, marketing and selling the properties, under a fixed price contract. Each home will carry the Octagon guarantee of excellence.
Joining Dial Partners in the funding of Project Wisteria are Investec and a private investment fund.
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