Cain provides €307m loan for nearly 1msf U.K. production facility campus

Cain International has agreed on a £261.5 million (€307 million/$324 million) development loan with Shinfield Studios for what will be one of the United Kingdom’s largest film and television production facilities.

The loan will support the development of a film and television production campus that will comprise a total of 942,548 square feet, including 18 soundstages across more than 437,000 square feet as well as 192,329 square feet of office accommodation, 265,511 square feet of workshop space, and ancillary space. To date, four soundstages have been completed and are fully let to a large production company, with the remainder of the project scheduled to deliver in phases beginning in the first quarter of next year.

Delivering in phases between early next year and the third quarter of 2024, Shinfield Studios will be located near Reading and is set to serve rapidly expanding market demand. Streaming companies’ production spending has been on a consistent upwa