What do We Do?
SCR JESSICA provides effective development debt funding for commercial property and regeneration projects in the Sheffield City Region at commercial rates and with additional capital investment from the SCR, the scope of investment is now expanding to cover a wider range of development and across the whole of the SCR.
The Fund is managed by CBRE and overseen by an advisory Investment Board that represents a partnership of nine Local Authorities and the Local Enterprise Partnership whose aim is growing the regional economy.
The objectives are to:
• Enable economic growth through sustainable development in Sheffield City Region and South Yorkshire
• Enhance long-term growth prospects and competitiveness of the region through enterprise, employment, regeneration and sustainability
• Provide the infrastructure required to generate jobs
• Utilise funding effectively that is approaching £60m
CBRE IISL is a regulated arm of CBRE