Innovative £90 million investment deal bringing together Urban Splash and Japanese housebuilder
We facilitated a £90m investment boost to the UK housing market by bringing together Japan’s biggest housebuilder and Manchester-based Urban Splash. The deal is set to deliver thousands of new homes, built using modern methods of construction.
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Across the UK |
£90 mn |
Ambition
Urban Splash ‘House’, operating alongside the Urban Splash Group, required JLL’s assistance to secure investors to expand its modular housebuilding operation in the UK. What was needed was an innovative partnership that could bring together the private and public sector to support the construction of thousands of new family homes.
How we worked together
It was important to put together working relationships that would allow House, Urban Splash’s housebuilding business, to achieve its aim of increasing modular housing delivery to allow more people to own their own homes and in a shorter build time.
Challenges
Bringing together Urban Splash and Seksui House meant an innovative financial structure was required to meet the differing needs of the various partners. JLL coordinated all aspects of the transaction, drawing on various teams for a unique solution, which included debt and equity funding and as lead financial advisor, JLL led on all aspects of the legal and due diligence processes.