Craigavon was Northern Ireland's first purpose-built new town, designed in the 1960s to link Lurgan and Portadown. The town has extensive parkland around Craigavon Lakes, a significant manufacturing base including major pharmaceutical operations, and offers some of the most affordable commercial and industrial property in the Belfast metropolitan area.
“New city created from Portadown and Lurgan. Strong manufacturing base. Strategic M1 location.”
— CMB Market Analysis
Craigavon South Lake leisure and commercial; Marlborough Retail Park expansion; Almac Group campus expansion; Craigavon Area Plan housing growth; greenway and cycle network; town centre environmental improvements
Led by Matt Lenzie, ex-Lloyds Bank & Bank of Scotland, with direct lender relationships across Northern Ireland. LinkedIn
Craigavon presents development opportunities linked to Craigavon South Lake leisure and commercial. Growing demand from the Pharmaceutical Manufacturing (Almac) sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Good appetite for industrial and logistics.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Craigavon and the wider Northern Ireland region, from commercial property purchases to development and refurbishment projects.
Craigavon was Northern Ireland's first purpose-built new town, designed in the 1960s to link Lurgan and Portadown. The commercial property market benefits from strong demand across Pharmaceutical Manufacturing (Almac), Food Processing, Logistics sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 7.5% and 10.5% price growth over five years, Craigavon offers compelling returns for commercial property investors. Excellent connectivity via M1 to Belfast (25 miles) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Craigavon South Lake leisure and commercial, further enhances the investment outlook and signals sustained public and private sector confidence.
Unique legal and regulatory framework compared to the rest of the UK. Market liquidity can be lower for larger assets, requiring specialist lender knowledge and patient capital approaches.
Craigavon's commercial property landscape has been shaped by Craigavon South Lake leisure and commercial. Growth in the Pharmaceutical Manufacturing (Almac) sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Craigavon falls under Northern Ireland planning authority, where the adopted local plan supports commercial development and economic growth. Planning decisions reflect a balance between heritage conservation and enabling new investment, with CIL charges and Section 106 contributions applying to larger schemes.
Commercial property news for Craigavon will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Northern Ireland.