Heim Global Investor and West Yorkshire Pension Fund Secures £50 Million Financing from Homes England
Heim Global Investor (“Heim”), the European living sector investment manager, along with their investment partner West Yorkshire Pension Fund, has secured £50 million in development financing from Homes England. The financing will support the delivery of Water Lane in Leeds - the first investment in Heim’s UK build-to-core fund.Homes England will provide a £50 million development loan over a three-and-a-half-year term. The funding package also includes a £4.4 million grant from the West Yorkshire Combined Authority’s Brownfield Housing Fund. Heim is forward funding the scheme with equity
