£1.3 million refinancing loan to develop a luxury self-catering holiday retreats and spa facilities
Cynergy Bank has provided a £1.3m refinancing loan to Welsh commercial property developer DJE Property Holdings Ltd, to expand its portfolio with luxury residential retreats, boutique hotel, restaurants and a spa.
The extended portfolio now includes two high quality assets: a luxury self-catering holiday let and popular Italian restaurant. The luxury detached residential property, Forest View Retreat, operates as a holiday let with outstanding views situated in Ynysmaerdy Forest, Pontyclun, Wales. The commercial asset, which has been renovated to a high standard, is let to a popular Italian restaurant in Aberdare, Wales.
David Edwards, Managing Director, DJE Holdings, said: “I’m grateful to the team at Cynergy Bank and the ongoing support and expertise which has enabled us to expand at pace whilst ensuring quality is never compromised.”
Freddie Eastwood, Associate Director, Cynergy Bank, comments: “The team at DJE Property Holdings have ambitious growth plans, backed by a very savvy leadership team. It was a pleasure working with them and we look forward to supporting them further in the future as they continue to prosper and grow.”
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