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Karbon plans to boost investment plans after £200m finance deal
The Journal
|May 08, 2025
A NORTH East housing association has pledged to increase its investment plans after striking a deal for £200m of fresh finance.
Karbon Homes, has increased its loan book by agreeing £200m of new facilities with three lenders, to support its ambitious investment plans.
The organisation, formed in 2017, manages 34,000 affordable homes for people across the North East of England and Yorkshire, amid company aims to give customers the strong foundations they need to get on with life.
Now the organisation has agreed loan facilities with existing lender Santander and new lenders HSBC and Nationwide, which it intends to use to develop a pipeline of new homes while also investing in its existing properties.
This story is from the May 08, 2025 edition of The Journal.
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