Barclays in £76m deal for Harwood
Harwood was spun out from JO Hambro Capital Management in 2011, two years after teaming up with Royal Bank of Scotland to buy a £52m portfolio of office and industrial assets from Irish investors Patrick and Hugh Hegarty’s WG Mitchell, which had fallen into administration.
Jonathan Whittingham, director at Harwood Real Estate, said: “This funding has allowed us to develop our core business plan and illustrates our strength in the market. We have an ambitious growth strategy.”
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Hide AdHarwood did not reveal where the latest 41 properties are located.
The deal is the latest in a string for Barclays’ team in Edinburgh, which has secured finance agreements for Chris Stewart Group, Drum Property Group and North Lanarkshire Council.