Investment £1.5m | 300 Homes
HGP invested £1.5m alongside Dawn Homes to unlock a substantial brownfield site’ and assist the development of 91 units in Cambuslang, south east of Glasgow. HGP’s investment provided the infrastructure funding which will see the former Hoover factory site transform the local landscape which will eventually see the delivery of 300 homes.
HGP’s investment ranks equally with Dawn Homes’, thus sharing risk and created alignment of interests and a true partnership. HGP’s capital allowed Dawn Homes to contribute less equity to the scheme whilst still retaining the majority of the profits. By partnering with HGP Dawn were able to bring this signature site to life.