What Slowdown? This Investor Has Done £2B Of London Deals This Year

Barchart · 10/25 19:16
Cheyne Capital has provided a £115M senior debt facility for a City of London office redevelopment, a transaction that takes its London debt and equity deals past £2B this year.  Investment manager Castleforge secured the loan from Cheyne and Apollo Global Management to redevelop 1 Golden Lane. Acquired by Castleforge in November 2021, Grade II-listed 1 Golden Lane is between the Barbican and Golden Lane estates in the City. The redeveloped scheme will offer 120K SF of office and be renamed Uno.  The scheme is slated to be finished in the first quarter of 2026, with 95% of the development's existing structure retained to...