ASK and OakNorth finance first acquisition for £300m later living JV

ASK and OakNorth have provided a senior loan facility to a new JV between FORE Partnership and Amicala, secured against a five-acre, prime development site in Bristol

Aurélien Collignon, Partner of FORE Partnership, said:

“Setting off on our journey to create ultra-sustainable and socially impactful extra care communities, it was essential to find supportive lending partners sharing our values and vision. This acquisition, marking our first move into the sector, will achieve the highest standards in sustainability and will be net zero carbon in operation.”