Hospitality and Hotels: London Leumi UK Facilitates £11m Loans for 4C Group’s London Hotel and Camden Development July 31st, 2024 Mya Driver Leumi UK has approved two loans totalling £11 million to support the investments of hotel investor and operator 4C Group. The financing will aid the group’s projects in the City of London and Camden, demonstrating Leumi’s ongoing partnership with the firm.The first loan adds £5 million to 4C Group’s existing £75 million term facility, assisting in the holding of the 342-bedroom four-star Canopy by Hilton London City hotel. This property, located in the heart of London, is a key asset in the group’s portfolio. Additionally, Leumi UK has sanctioned a £6 million bridge-to-planning facility secured against vacant property and land in Camden. The site, acquired by 4C Group in 2023, is slated for a mixed-use development led by Regal London as the development manager.Al-karim Nathoo, CEO of 4C Group, expressed his satisfaction with the partnership, stating, “We have known James, Dan, and the team for quite some time now, making Leumi one of our longest-standing partnerships to date. Their ability to creatively structure deals across different asset classes through cross-team collaboration is why we plan to continue working with them in the future.” This innovative approach is likely to be mentioned at upcoming property networking events in London, where industry professionals can explore such creative financial solutions.James Greenwood, hotel finance relationship director at Leumi UK, highlighted the efficient collaboration, saying, “The Leumi teams proudly back 4C Group, a highly regarded investor and operator known for delivering and operating hotels across the UK. Working together with our property finance team, we swiftly managed to close these deals in just a month.”Dan Whiteman, property finance relationship director at Leumi UK, noted, “Although the hotel finance team had previously worked with 4C, this was our first collaboration with them. Deep sector knowledge and trust in the sponsor’s integrity and asset performance were crucial for successfully closing these deals.” This kind of expertise is essential for businesses seeking advice on how to win construction contracts and construction investment eventsb in major UK cities like London.To register your place at the UK’s biggest real estate and property festival, visit https://www.ukreiif.com/ukreiif-2025/.