Assetz Capital has delivered a £1.94m funding package to support the development of a new industrial estate in the Cairngorms, reinforcing the lender’s commitment to SME property lending and regional investment in Scotland.
The scheme will bring new high-quality light industrial units to one of the country’s fastest-growing residential and tourism areas.
The development is aimed at meeting growing demand from both local businesses and national occupiers. Several units have already been pre-let, underlining the strength of market interest in the region. The new units are expected to support a diverse range of enterprises and contribute to local economic activity, with job creation during the construction phase and new commercial infrastructure on completion.
The deal was led by Geoff O’Brien, relationship director at Assetz Capital, who is based in Scotland. He said: “I am very pleased to have been able to support this development and work with such an experienced team who have done an amazing job to bring this scheme to life. The provision of high-quality industrial units is much needed in the area, and the response from the market so far has clearly demonstrated the level of pent-up demand.”
The Cairngorms region has seen a rise in residential housing and leisure businesses in recent years, increasing demand for commercial space to support economic diversification. Assetz Capital said the project aligns with its mission to support local development through tailored funding solutions, with Scotland continuing to be a key strategic focus for the lender.
