28 November 2016

Invest to Grow Fund

A £25m Invest to Grow Fund has been established by Basingstoke and Deane Borough Council as a new approach to investment to support a wide range of commercial and regeneration property and infrastructure projects within the council’s area.

The fund will provide debt or equity finance towards viable development projects. The fund’s primary focus is to support local growth, ensuring the region benefits from improved employment opportunities, enhanced infrastructure and regeneration.

The fund is advised by CBRE Indirect Investment Services Limited, the FCA regulated arm of CBRE, and chaired by Basingstoke and Deane Borough Council.

Councillor John Izett, Cabinet member for Property and Development at Basingstoke and Deane Borough Council, said: “We are an ambitious, fast-growing borough with a wide array of new commercial, residential, leisure and infrastructure projects already underway or planned. It is right that we should use our financial resources as a council to encourage and assist new investment and thereby enable the creation of more jobs, housing and modern commercial premises. I am pleased that we are launching this innovative new fund and look forward to its success in the years ahead”.

Anthony Martin, Executive Director at CBRE, and the Investment Advisor for the Invest to Grow Fund, said: “We are delighted to have advised Basingstoke and Deane Borough Council on the launch of this valuable and worthwhile fund. The fund can provide debt or equity, structured to meet the particular needs of a project with the core focus being to provide much needed capital to stimulate local development activity and leverage private sector investment in support of regional growth. All investments will be fully repayable and reinvested into further projects which meet the fund’s investment criteria and continue to support Basingstoke and Deane Borough Council’s growth strategy. The fund has an initial capital allocation of £25m ready to deploy and is now open for applications.”

« Back to news

Recent news

13 February 2020

Village Hotel Basingstoke officially opens its doors

Village Hotel Basingstoke has officially opened its doors, following a £25 million investment from Village Hotel Club. Marking the occasion, Cllr Diane Taylor, the Mayor of Basingstoke and Deane, her consort, Dr. Andy Taylor and Enterprise M3 Director Linda Cheung joined General Manager Nalin Daud to celebrate Village’s 31st hotel opening and an exciting new […]

Read more »
05 February 2020

Latest figures show Basingstoke is the place to do business

Basingstoke and Deane continues to demonstrate it is a workplace winner, following the release of the latest office take-up figures. Last year, office lettings across the borough totalled almost 305,000 sq ft with 52% of these on Basing View, the town’s 65-acre central business district. Significant deals on Basing View included the 37,000 sq ft […]

Read more »
27 January 2020

A new benchmark for Basing View

A new 40,000 sq ft Grade A office scheme is set to become the latest addition to Basing View as plans moved a step closer. Benchmark, a new office building featuring a contemporary reception, roof terrace and a multi-storey car park, has been granted full planning permission from Basingstoke and Deane Borough Council. The new […]

Read more »
09 September 2019

New business-class hotel takes shape

Construction of a new business-class hotel in Basingstoke’s central business district is expected to complete in January. Basingstoke and Deane Borough Council’s Leader Cllr Ken Rhatigan and the Cabinet Member for Regeneration and Property Cllr John Izett visited the Village Hotel site at Basing View to catch up on its progress. Since October, contractor Willmott […]

Read more »