Fast growing PRS owner manager G2M Group today announced it has expanded its funding from Barclays to continue its growth and asset acquisition strategy.
The Doncaster based G2M Group is pioneering the regeneration of existing UK residential properties. The group’s core focus is on improving housing energy performance delivering high quality, more economical homes to rent delivered through their customer brand habodel.
Paul Morton, group CEO said: “Recycling our equity is critical to expanding the groups underling operations and Barclays further support enables us to continue to build towards our aspirations of being the largest and best in sector operator in the UK.”
The group now employs over 60 staff and has a large demographically and geographically diversified portfolio of single-family homes, focusing entirely on the mid rental market.
Ashley Airey, Barclays relationship director put together the funding package for the deal and said; “Barclays is proud to support innovative businesses like G2M who have such clear environmentally and socially motivated goals. The new facilities will enable the company to grow at pace and we are delighted to support such valued customers through these challenging times.”