Hugh Taylor, head of housing for HSBC UK, added: 'Not only will this deal give Dandara the flexibility it needs to roll out schemes across the country, it also enables the developer to respond to the housing challenge facing many of our major cities without compromising on sustainability. In securing this new green revolving credit facility, we have increased our ability to deliver sustainable new homes which enhance residents’ lives and add long-term social and economic value to the communities we operate in.' 'ESG is embedded in our business practices and operational procedures. In Bristol, the Bedminster Green development to the south of the city will feature a mix of 316, one and two-bedroom apartments, expected to be available from the third quarter of 2023.Įd Tynan, director of the Dandara Group, said: 'As a large-scale BTR developer and operator, we are committed to managing the social, economic and environmental impacts of our activities responsibly. In Glasgow, the Gh2o development will provide 342 waterfront apartments in the city’s West End, also in the first quarter of 2023. The Unity & Armouries site in the Southside area of Birmingham will consist of 162 apartments over two buildings and is set for completion in in the first quarter of 2023. The first three sites, which have already secured planning permission, are in Birmingham, Glasgow and Bristol.

Dandara Living, a developer of large-scale build-to-rent properties, has secured a £60m green revolving credit facility from HSBC UK.ĭandara will use the funding for its existing pipeline of 11 sustainable BTR developments across the UK with capacity to accommodate in excess of 4,500 new BTR homes.

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