Hadley gets £100mcash injection

June 1, 2011
Hadley Property Group is to get a £100 million cash injection after signing a deal with investment house LJ Capital which will give the “boutique bank” joint ownership of the company. <br> <br> “We now have an immediate intention to buy 12 sites over the next 12 months,” says financial director Andy Portlock. The firm says it will bring 120 finished units to the market in 2011 and will look to more than double this by 2013. Its current projections are for 1,000 units per year by 2016. However the new investors and Hadley also have an appetite for larger sites which could yet boost these figures further.<br> <br>

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