Paragon Bank provides £3.8 million development finance facility to ORM Developments for Bath office-to-residential conversion
Bitget2026/10/05 14:56Paragon Banking Group’s development finance unit provided a £3.8 million development finance facility to ORM Developments. Funding supports conversion of Chartist House, an office building in Bath city center, into 15 private apartments. Project gross development value expected at about £6.2 million on completion. Construction is expected to start in late 2026; first apartments are slated to launch in September 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paragon Banking Group plc published the original content used to generate this news brief on October 05, 2026, and is solely responsible for the information contained therein.
- Paragon Banking Group’s development finance unit provided a £3.8 million development finance facility to ORM Developments.
- Funding supports conversion of Chartist House, an office building in Bath city center, into 15 private apartments.
- Project gross development value expected at about £6.2 million on completion.
- Construction is expected to start in late 2026; first apartments are slated to launch in September 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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