Fiduciam has reduced interest rates by up to 1.95% on its bridging and development loans, with cuts implemented across the UK, Ireland, Spain and Germany. With fixed rates now starting at 9.09%, the move strengthens Fiduciam’s support for SME developers and property investors across Europe.
Fiduciam has appointed Cristina Villén as new director. Cristina’s remarkable journey from intern to board member exemplifies Fiduciam’s commitment to nurturing talent and fostering internal growth.
After a record year of growth, Fiduciam aims to provide funding to €300 million of residential real estate development projects across Spain, reinforcing its contribution to the sector. We are expanding our team in Madrid and consolidating our presence in key markets such as Costa del Sol, the Balearic Islands, and Madrid, while also expanding into other regions like Murcia, Cantabria, and Aragon.
Fiduciam has secured £100 million of additional funding to support SME housebuilders. This new funding will be deployed over the next two years, starting in Q4 2024, and is a strong vote of confidence in both the UK economy and Fiduciam’s role as a specialist lender. Our mission is to help SME housebuilders bring more residential housing to the market, in line with the government’s priorities.
Spanish newspaper highlights Fiduciam’s securing of an additional €150 million in funding for its Spanish lending activities, reinforcing Fiduciam’s commitment to the Spanish market. This additional investment underscores the growing importance of flexible, efficient financing for local real estate projects, particularly affordable residential developments. Brush up your Spanish language skills and read about it below.