Pacific and York

The last two years have seen major volatility in the UK housing market, resulting from the banking crisis. Property prices have been driven markedly downwards in parallel with market confidence.

Today, the market is hampered by a limited access to capital by owner occupiers, buy–to–let investors and institutional investors, as banks continue to repair their balance sheets.

Against this backdrop, in early 2010 Pacific formed a new company, Pacific and York, to take advantage of opportunities arising in the UK residential property market.Since then it has made its first investment in a significant development outside London.