CALA Finance backs MacFarlane residential development

20 Feb 2008

krystal.sim@carnyx.com

The funding arm of CALA Group, CALA Finance, is backing a residential development by Macfarlane Homes in Midlothian worth £7 million.
CALA Finance is to provide funds for the 2.6 acre site at Edgehead near Pathhead which will see Macfarlane develop 19 family homes with a total expected sales value of over £7 million.

MarFarlane Homes’ managing director, Angus MacFarlane, said: “Having worked with the team at CALA Finance before we have confidence in their professional advice and guidance. We are delighted to be involved with them again at this development.”

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