English Cities Fund raises extra £200m for work pipeline
The ECF development partnership between Homes England, Legal & General and Muse has raised an £200m to speed up its pipeline of regeneration projects.
Formerly called the English Cities Fund, the partners are injecting an additional £100m of equity to be matched by an additional £100m of debt.
This allows the ECF to double in size to £400m after being set up with £100m of investment cash back in 2001.
Since its inception, the fund has completed five mixed-use re
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