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Bank backs Beechill's £2m Co Down homes project

By Staff Reporter

Published 05/07/2016

Beechill Developments founder John McAree (left) with Garry Barr from Ulster Bank
Beechill Developments founder John McAree (left) with Garry Barr from Ulster Bank

A Belfast-based housing developer is set to build 14 new homes in Co Down in a £2m investment.

Beechill Developments, led by John McAree, is constructing eight detached and six semi-detached houses at Wyndell Park in Newtownards.

The semis are priced at around £150,000 and the detached £185,000.

Ulster Bank is funding the project, and Mr McAree said the "backing and expertise of their commercial real estate team are fundamental to the delivery of the scheme".

Beechill has also completed schemes at Dalewood in Newtownabbey and Holland Park off Sandown Road in east Belfast.

Other residential schemes funded by Ulster Bank include Riverhill Manor development in Ballyclare, and homes on North Road in Carrickfergus.

Gary Barr, relationship director for commercial real estate at Ulster Bank, said: "We are keen to support good residential development projects and have the funding available to do so.

"This scheme by Beechill Developments will provide quality homes to a range of purchasers in the Ards area and we are very pleased to support it."

Belfast Telegraph

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