Development Bank of Wales provided £100m for SME property developers

Some 79 SME property developers have received investments totalling £100m for 112 property development projects from Development Bank of Wales managed funds.

The initial property development fund. launched in 2013, had £10m. It was increased by Welsh Government in 2017 by £32m before the launch of the £40m Stalled Sites fund in 2018 followed by the £55m Commercial Property Fund in 2019.

Funding…

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