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Drum Property goes for growth in Tradeston & Finnieston with funding deal

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August 22 2017

Drum Property goes for growth in Tradeston & Finnieston with funding deal
Drum Property Group is to press ahead with consented schemes in Tradeston and Finnieston after agreeing a £17.5m funding deal with Royal Bank of Scotland.

The financing will enable the group to pursue consented residential schemes around Glasgow including 350 flats at Tradeston (alongside 1,000.000sq/ft of office space), a mixed-use 7.4-acre development at Pacific Quay and a further 220 homes in Finnieston.

Stuart Oag, finance director at Drum Property Group, said: “The new funding package from the Bank will allow us to build on the significant progress we’ve made in the central belt, and help us to act on a number of important investment opportunities in Glasgow, Edinburgh, and beyond.”

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