Credit - John Fielding
The London-based subsidiary of an Israel international bank has signed a £33m financing deal to support the regeneration of Rockingham Speedway into an automotive logistics hub.
Leumi UK has provided the three-year term loan to assist with the redevelopment of Rockingham Motor Speedway.
The project sees the repositioning of a 340-acre race track and surrounding land into an automotive logistics hub.
Rockingham now has planning permission to become a specialist automotive logistics centre with additional serviced offices.
Dan Whiteman, relationship manager, property finance, at Leumi UK, said: "We are delighted to support the team at Rockingham in their plan to position the site in Corby as Britain’s leading automotive logistics hub.
link source - Insider Media