Case Studies: Two Berkeley Street, Glasgow
Developer: Westpoint Homes
Development: Two Berkeley Street, Glasgow
GDV: £8.3 million
Scheme: 49 2/3 Bedroom Apartments
Two Berkeley Street, adjacent to the Mitchell Library, was rightly regarded as “pioneering” when Westpoint and CALA Finance joined forces in 2000. This Landmark building at the gateway to Glasgow’s West End, preceded a significant upsurge in demand for high-quality accommodation and city centre living.
Westpoint Homes first approached CALA Finance in 1992 for funding the development of 28 apartments to the West of Glasgow. From those early days the two companies have maintained a close working relationship which has seen a further 16 developments built throughout the Central Belt of Scotland.
The latest funding arrangement for 2004 applies to a ground breaking 255 Apartment scheme close to the heart of Edinburgh.
"Westpoint Homes have enjoyed a rewarding and mutually prosperous relationship with CALA Finance over the past decade. Several of Westpoint Homes finest newly built developments have involved the CALA Finance team.
"The CALA Finance funding option continues to prove highly attractive proposition for ‘growing the business”.
Stephen Cullis
Managing Director, Westpoint Homes
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