Pigeon has secured a multi-million-pound green loan from Virgin Money to fund the construction of The MAX50 scheme, an environmentally sustainable industrial warehouse and office space in Cheshunt, Hertfordshire.

Target Information

Pigeon is a prominent land promoter, developer, and property investor that has recently secured a multi-million-pound green loan from Virgin Money. The funding will be utilized for the construction of an 86,316 sq ft industrial warehouse and office space, referred to as 'The MAX50 scheme', located at Theobald’s Business Park in Cheshunt, Hertfordshire.

This state-of-the-art facility is designed with a focus on efficiency and functionality. It will include a mezzanine floor and office spaces tailored to meet the rising demand for high-quality industrial and commercial environments.

Industry Overview in the UK

The UK industrial and commercial property sector is currently experiencing robust growth, fueled by an increasing demand for logistics and warehousing fa