Principality Commercial named Lender of the Year at Wales Property Awards
The award recognises the lender’s performance over the past year, including its support for housing associations and property developers.
Principality Commercial has been named Lender of the Year at the Insider Media Wales Property Awards 2026, held at The Coal Exchange in Cardiff on 11th June.
The award recognises the lender’s performance over the past year, including its support for housing associations and property developers, as well as its focus on funding projects that deliver social and economic benefits.
During the awards period, Principality Commercial completed £175m of new lending, an 18% increase on the previous year, and committed a further £108m of funding to housing associations across England and Wales.
Recent projects supported by the lender include funding for a sustainable residential development in St Davids through its Green Fund and backing for the redevelopment of the Grade II-listed Nell’s Point building on Barry Island into a new hospitality venue.
Richard Wales, commercial lending director at Principality Building Society, said: “We’re delighted to be recognised as Lender of the Year at the Wales Property Awards.
“This award demonstrates the strength of the relationships we’ve built with our customers and partners, as well as the hard work and expertise within our team.
“At Principality Commercial, we’re committed to supporting developments that not only drive growth, but also to deliver lasting social value for communities across Wales and the wider UK.”
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