About us

We provide investors with access to real estate investment opportunities in the North East of England.

12,000

jobs created

c. £89.8m

real estate investment provided since 2017

43 projects

across 35 developers

More than £280m

gross development value

Our proposed diversified multi-asset strategy spans real estate lending, commercial property investments, and residential housing, with a focus on the North East. This approach, if approved by shareholders, will enable us to take advantage of a growing investment opportunity in the North East.

As an investment company listed on the main market of the London Stock Exchange since 2017, we combine credibility and professionalism expected of a listed PLC while offering the flexibility, creativity and common sense of an approachable, local business.

Our Timeline

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2017

January

Company launched with a premium listing on the London Stock Exchange.

2017

February

Company completes its first new lend.

2017

June

Maiden dividend paid.

2017

October

First exit achieved.

2017

November

John Newlands appointed to the Board of Directors.

2018

October

Gearing facility agreed with Shawbrook bank to expand the financial capacity of the company.

2019

April

John Newlands appointed as Chairman of the Company.

2020

September

Seventh successful exit achieved despite the ongoing challenges of Covid.

2021

March

Investment strategy refreshed to match market conditions, reduce risk levels and continue to improve quality of income.

2021

September

12th successful exit achieved.

2022

April

31st project supported, bring the level of facilities provided to £66.5m and a Gross Development Value of almost £160m.

2022

May

Company changes its name to Develop North PLC.

2024

March

Develop North PLC exceeds £70m lending milestone.

2025

February

Tier One Capital appoint Broadoak Asset Management to support strategic growth of North East investment fund.

2025

May

International investment leader Dr Sameer Al-Ansari appointed as Deputy Chairman.

2025

July

Develop North PLC announces proposed change to investment policy and potential fundraise.

Impact Investment

Develop North PLC is also trying to create a positive social and environmental impact from the projects we support.

Together with our professional partners we promote socially responsible (SRI) and environmental, social and governance (ESG) investment approaches to ensure a positive impact is created from our funding.

Our Approach To Lending

We provide flexible and bespoke lending solutions deploying senior secured loans, alongside bridging and subordinated loans.

To date we have worked with many development teams around the UK, in particular in the North of England and Scotland, to provide a gross development value of more than £280m.

The investments provide diversified exposure across regional residential housebuilding, small to medium commercial property development, and direct sale-and-leaseback vehicles. Typical loan terms range from 1 to 5 years, with an interest rate of 12% and a blended loan-to-value of around 75%.

Our team of credit experts are based in the North of England and are friendly and approachable. We encourage face-to-face meetings and provide individual contact details for a more personal service.

Our Approach To Commercial Real Estate

We will look to focus on identifying attractive commercial real estate opportunities in the North East, using strong local expertise and expanding supply chains which are supported by devolution funding.

Investments under the proposed strategy will be sourced through a pipeline of both on – and off – market acquisitions across key markets.

We will look to finance refurbishments and invest capex sums to upgrade property and install environmental improvements to attract occupiers and increase rents.

Our intended portfolio will be diversified by asset size, location, and use class including office, logistics, retail and other commercial property uses.

Our Approach To Residential Real Estate

Our proposed residential real estate strategy will focus on freehold and leasehold property, including single-family homes, apartments and purpose-built or adapted housing for social care needs.

The residential real estate strategy will predominantly focus on assets to lease to social care providers, including local authorities, charities and non-profit organisations and community interest companies.

The remaining allocation will be focused on the private rented sector.

Contact Us

We believe that excellent results come from experience. With a focus set on delivering quality and value, our team boasts an impressive reputation for providing creative, common-sense solutions with a practical attitude.

Contact us

Terms of Service

THE WEBSITE YOU ARE SEEKING TO ACCESS IS MADE AVAILABLE BY DEVELOP NORTH PLC (THE “COMPANY”) IN GOOD FAITH AND IS PROVIDED FOR INFORMATION PURPOSES ONLY. 

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The Website Materials are for information purposes only and do not constitute or form a part of any offer or invitation to sell or issue, or the solicitation of any offer to purchase or subscribe for, securities. The Website Materials are general in nature and do not in any way constitute investment, tax, legal or other advice.  

No securities of the Company have been or will be registered under the US Securities Act of 1933, as amended (the “Securities Act”) or under the securities laws of any state or other jurisdiction of the US and may not be offered, sold or delivered, directly or indirectly, in or into the US, or to or for the account or benefit of any US person (within the meaning of Regulation S under the Securities Act). In addition, the Company has not been, and will not be, registered under the United States Investment Company Act of 1940, as amended. There will be no public offer of securities in the US, Australia, Canada, Japan or the Republic of South Africa, any member state of the EEA or any jurisdiction in which such an offer would constitute violation of the relevant laws or regulations of such jurisdiction.

The Website Materials have not been approved or licensed by the UAE Central Bank, the UAE Securities and Commodities Authority (“SCA”), the Dubai Financial Services Authority (“DFSA”), the Financial Services Regulatory Authority (“FSRA”) or any other relevant licensing authorities in the UAE, and accordingly does not constitute a public offer in the UAE in accordance with the Commercial Companies Law, Federal Law No. 2 of 2015 (as amended), SCA Board of Directors’ Decision No. (13/Chairman) of 2021 on the Regulations Manual of the Financial Activities and Status Regularization Mechanisms (as amended) or otherwise. Accordingly, the Company’s securities have not been and are not being offered to the public in the UAE (including the Dubai International Financial Centre (“DIFC”) or the Abu Dhabi Global Market (“ADGM”) other than in compliance with the laws of the UAE (and the DIFC) governing the issue, offering and sale of securities). 

This Website Materials should only be accessed by a limited number of institutional and individual investors in the UAE who meet the criteria of a “Professional Investor” as defined in SCA Board of Directors’ Decision No. (13/Chairman) of 2021 on the Regulations Manual of the Financial Activities and Status Regularization Mechanisms or who otherwise qualify as sophisticated investors (“UAE Qualifying Investor“). Any person accessing the Website Materials should carefully review the Terms and Conditions of the website. By using the Website Materials, you indicate that you accept the Terms and Conditions and that you agree to abide by them. The Company may change the Terms and Conditions. Such changes will be posted on the website. Your access to the website is governed by the version of the Terms and Conditions then in force. If you do not agree to the Terms and Conditions, please refrain from using this website.

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In addition, the securities referred to herein and on the pages that follow may only be offered: (i) in theUK, to the extent that the securities are permitted to be marketed in the UK pursuant to the Alternative Investment Fund Managers Directive (Directive 2011/ (61/EU) (“AIFMD”) as implemented in the UK by UK statutory instruments and by virtue of the European Union (Withdrawal) Act 2018, and in any EEA jurisdiction to the extent that such securities are permitted to be marketed into the relevant EEA jurisdiction pursuant to the AIFMD (and/or any applicable local implementing measures); or (ii) can otherwise be lawfully offered or sold (including on the basis of an unsolicited request from a ‘professional investor’ (as that term is used in the AIFMD)). 

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Any person accessing the Website Materials should carefully review the Terms and Conditions of the website. By using the Website Materials, you indicate that you accept the Terms and Conditions and that you agree to abide by them. The Company may change the Terms and Conditions. Such changes will be posted on the website. Your access to the website is governed by the version of the Terms and Conditions then in force. If you do not agree to the Terms and Conditions, please refrain from using this website.

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