4C Hotel Group
Posted: 12th February 2021 | Share
"We have great respect for the team’s expertise within the hotel financing sector and value their dedication to finding a solution that perfectly suited our targets for the development of the project."
Our versatile offering is suited not only to independent, boutique projects but we often work alongside hotel developers who are partnering with an established brand.
One such example is the recent £65 million deal our team completed with 4C Hotel Group to finance the development of 4* Canopy by Hilton hotel in Aldgate, London. Located on the City fringe, the 342-bedroom lifestyle hotel features interiors inspired by its East End surrounding and is set to open its doors by March 2021.
Hilton is an internationally renowned brand which made it an attractive deal to get behind as financers, but with that big name comes additional challenges particularly when meeting development targets. Thankfully our experienced team were on hand to help 4C navigate any obstacles and provide the right banking solutions tailored to the needs of the business to ensure success.
4C is a long-standing client of Leumi UK and it fortified our relationship with the group to work together on a project of this calibre.
Al-karim Nathoo, Managing Director, 4C Hotel Group, commented: “Working alongside our team, Leumi UK has yet again delivered outstanding service, enabling us to meet our capital needs while continuing to grow our portfolio. We have great respect for the team’s expertise within the hotel financing sector and value their dedication to finding a solution that perfectly suited our targets for the development of the project.”
With a sophisticated specialist offering to development companies, investment funds and owner-operators of hotels, Leumi UK’s hotel financing department takes pride in maintaining close relationships with its clients and its ability to address the specific needs of hotel operators and owners in prime-city locations.