Goldman Sachs backs Places for People with £50m loan

By Hamish Champ2019-07-18T05:00:00

US investment bank’s move follows its investment in modular homes group Top Hat

US investment bank Goldman Sachs has made another move into the UK housing market by sealing a financing deal with development firm Places for People.

It announced it had lent £50m to the London-based group, which recently sealed a £100m joint venture with modular homes manufacturer Ilke Homes, via a senior unsecured loan facility.

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