Get Living and Rothesay agree £110 million refinancing deal for New Maker Yards in Manchester
Rothesay has agreed to provide a £110 million investment facility for Get Living, the UK’s leading build-to-rent operator of large-scale residential neighbourhoods. The investment is to refinance Get Living’s New Maker Yards neighbourhood in Salford, Greater Manchester.
Harish Haridas, Head of Commercial Real Estate Debt at Rothesay, said: “Rothesay’s investment strategy is focused on securing high-quality, long-term assets to protect the pensions of our almost one million policyholders. Our dedicated in-house investment team enables us to find the right type of opportunities, like New Maker Yards, which deliver predictable returns while also supporting wider stakeholders and society. We’re pleased to finance this development which will support prime rental and commercial opportunities within a vibrant new neighbourhood in Greater Manchester.”