DEVELOPMENT DEBT OPPORTUNITY

May 20, 2024 Chief Executive of the Greater Manchester Pension Fund (Officer) Approved View on council website
Full council record
Content

DETERMINED that in
relation to the 3% allocation to Greater Manchester Property
Venture Fund, approved by Panel on
14 July 2023, for GMPF to undertake due diligence on an opportunity
for GMPVF to provide a senior secured development
loan facility of £49.5m, for two speculative multi-let
industrial schemes.

Supporting Documents

Development Debt Opportunity.pdf

Details

OutcomeRecommendations Approved
Decision date20 May 2024