Hedge fund adds parks to portfolio
A spokeswoman for the state-owned bank said the debt facility will enable the business to invest in and refurbish the office parks and provide local employment opportunities in both cities.
Lawnswood Business Park is four miles north west of the city centre and close to Leeds Bradford Airport.
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Hide AdThe Birmingham site is next to a new Rolls Royce aerospace research and development facility, currently under construction, and development land, acquired as part of the transaction, will help to attract further business to the area.
Canmoor is advising on property management and development initiatives.
James Caird portfolio manager Stephen Wingate said: “We believe that JCAM, assisted by Canmoor, has identified some strong development and investment opportunities in these markets and are very grateful for the support that we have received from the team at Royal Bank of Scotland.
“We are confident that the investments in the two business parks will catalyse further economic activity and are looking forward to our prospects in 2014.”
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Hide AdMr Leslie founded JCAM after working at Moore Capital Management, the New York hedge fund run by billionaire Louis Bacon.
He is a prominent racehorse owner at the yard of Grand National-winning trainer Donald McCain, whose father Ginger trained the legendary Red Rum.