Property business targets Black Country expansion
A family-owned commercial property business in the Black Country is to invest further in its suite of offices in Aldridge after securing a six-figure finance package.
B&E Dowd, founded in 2003 by brothers Eugene and Brendan Dowd, has secured a loan for its site at Rossway Business Park, which comprises four units that provide office space for 16 local businesses – including software and manufacturing firms and an accountancy start-up.
The business developed the 8,000 sq m site after purchasing the land in 2006 and will now develop the office suites and the site further as well as introducing additional facilities using the financial package.
Eugene Dowd said: “Our site at Rossway Business Park is home to so many ambitious businesses and this funding will help us to offer our tenants even more support, as well as giving us the platform we need to take the next step in our own growth journey.”
B&E Dowd recently switched its banking facilities to Lloyds Bank.
Adam Pound, relationship manager at Lloyds Bank Commercial Banking, said: “B&E Dowd is a great example of the ambition we look to back as part of our plan to help Britain prosper. The brothers at its helm have moved quickly to leverage the opportunities presented by a thriving local market and, as their new banking partner, we’re looking forward to playing a role in the business’ ongoing success.”
