Mabec’s journey started with a number of high profile acquisitions and we are making good progress on several larger scale, often challenging, development sites.
Our focus is on residential development and investment, including the student letting market, but our experience allows us the consider mix use projects as required.
In 2013 the City institution Toscafund, and the private equity company Penta Capital, joined forces to become major shareholders and principal equity backer in Mabec. This financial strength allows Mabec to perform quickly and gives those that we work with confidence in our ability to perform. We have todate purchase our development site unconditionally, but are also happy to work in partnership with land owners on a conditional basis, or via a joint venture structure.
The key operational directors in Mabec together have over 60 years of property experience, much of it focussed on new build and regeneration residential development projects in the East Midlands.
Although our current focus lies in the greater East Midlands there are no geographical boundaries. Our experience allows us to concentrate on the “more difficult’ projects and we particularly like regeneration and conversion project on a grander scale. Individuality of design is also important to us. We want our houses to be a home, not merely a house number on a street.
We are always happy to discuss ideas and new opportunities. If you think we might help, please get in touch.
Our Current Projects
The largest site is that of the 18 acre listed Victorian former St Johns Hospital near Lincoln, a truly vast institutional property being converted into new homes, with new build housing in the grounds. In central Nottingham, we have just converted two 1960’s tower blocks into 350 student accommodation studios. Elsewhere in that City, we have a derelict mill, where our plans are to transform the 1.5 acre city centre site into a “residential village”. Sheffield is another hospital, the listed Heritage House, plus two other buildings that comprised the centre piece of the first hospital in Sheffield, built in the late 1700’s. Leicester provides a development site, where we are looking into a high rise residential block. The smallest site at this time, is the conversion of the upper floors in a Victorian building for about 20 apartments in Nottingham.