Assetz Capital has provided a £1.94 million funding package to support the development of a new industrial estate in the Cairngorms, underlining its continued focus on regional investment and SME lending across Scotland.
The funding will enable the construction of a series of high-quality light industrial units in the national park, aimed at addressing a shortage of suitable commercial space in the area.
The Cairngorms, known for its outdoor attractions and robust tourism industry, has experienced steady growth in housing and leisure developments, driving demand for supporting infrastructure.
The scheme has already attracted strong interest from both local and national occupiers, with several units pre-let ahead of completion. Assetz Capital’s investment is expected to provide a boost to the local economy, creating jobs during the construction phase and supporting the growth of new and expanding businesses thereafter.
Geoff O’Brien (pictured), relationship director for Scotland at Assetz Capital, led the deal and praised the development team for bringing the project forward.
“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,” he said. “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 lender said the deal aligns with its wider mission to foster economic growth outside major urban centres through bespoke funding solutions. Scotland remains a strategic focus for the Manchester-headquartered firm, which has deployed over £1.7 billion in business and property lending across the UK since its launch.
