Fladgate advises Downing LLP on Ageas Bowl loan

Our team: Julian Lewis, Matthew Williams, David Weare, Gary Smith

Fladgate LLP advised Downing LLP on the terms of a £3m loan to Southampton Hotel Developments Limited, a special purpose vehicle set up to build a new hotel and spa at Ageas Bowl, part of £40m redevelopment of Hampshire’s international cricket ground.

The development will include a 4-star Hilton Hotel which will contain a state-of-the-art Media Centre, bars, restaurants as well as a spa and leisure club.

Corporate partner Julian Lewis, real estate partner Matthew Williams, banking partner Gary Smith and construction partner David Weare advised Downing LLP.

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