Property firm secures £27m funding deal

Jerry Cheung of NED with Ashley Airey, Barclays
Sheffield-based New Era Developments (NED) has negotiated new banking facilities and funding of £27m to support the continuing development of student accommodation. Established in 2000, New Era Developments recently completed phase one of New Era Square which provides state of the art accommodation for students. The funding from Barclays will enable the company to complete the second phase of the development which will take the number of student beds to 656, in addition to the provision of leisure and office accommodation posit... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...