Blane Perrotton

Property consultancy monitors over £2bn of development funding



Property consultant and surveyors Naismiths has announced that it has now monitored over £2bn of development funding.


Naismiths is currently overseeing more than 400 projects across the UK, with the developments ranging in value from £750,000 to over £150m.

The company provides services to high street senior debt providers, infrastructure/PPP funders, challenger banks, niche mezzanine funds and private investors.

“The shortage of homes – and the opportunity this represents – is driving the development market forward, with residential making up almost two-thirds of the projects we are monitoring at present,” said Blane Perrotton, managing director of Naismiths (pictured above).

“London, Bristol, Birmingham and Manchester are by a distance the UK’s development hotspots, as investors set out to meet the extremely high demand for housing in these cities.

“Inflows of international capital have been particularly strong over the past year, in large part because of the weakness of sterling. 

“But with the pound starting to strengthen given the messages emerging from Threadneedle Street, we are noting even more interest from overseas investors who sense the tide is starting to turn against them.”

Mark Posniak, managing director of Octane Capital, added: “We have worked with Blane and the Naismiths team for a number of years and they have never failed to deliver. 

“As a lender, you want to be reassured not just that a project is viable but, once finance has been provided, that your funds are being used appropriately.”

Naismiths was founded in 1963 and has offices in London, Birmingham, Bristol, Manchester, Leeds and Leicester.



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