Cohort Capital, King Street Capital Management, and funds managed by Apollo have completed a £348 million refinancing of The Park Tower Hotel in Knightsbridge, London. The loan facility supports the refinancing of existing debt initially provided by Cale Street Partners and demonstrates continued investor confidence in London’s prime hospitality market.

The Park Tower is a 16-story landmark property built in 1973, featuring 271 guest rooms, a casino, and the Nusr-Et restaurant. Located prominently opposite the Mandarin Oriental Hyde Park, the hotel offers direct views across Hyde Park and occupies one of the capital’s most prestigious addresses.

This refinancing highlights the combined expertise of Cohort Capital and King Street Capital Management in structuring complex financing solutions that unlock long-term asset value and support repositioning plans within London’s luxury hospitality sector. The collaboration with Apollo reflects a coordinated approach among leading global lenders to enable the next phase of this iconic property’s evolution.

Legal advisory services were provided by Simpson Thacher & Bartlett and Mishcon De Reya LLP for King Street and Cohort, with Linklaters advising Apollo. The refinancing underscores the confidence of the lenders and the experienced ownership team in the Park Tower’s repositioning potential and the enduring strength of Knightsbridge as a prime hospitality location.