Fladgate advises on refinancing of £100m multi-use luxury development

Fladgate LLP has advised the investors on the refinancing of the luxury development at 37-38 Golden Square, London W1. The refinancing involved £54.7m of new funding from Apollo.

The property, set in an iconic prime West End location, is a development of luxury apartments standing over two retail units and a flagship restaurant unit.

Stephen Lewis, head of Real Estate at Fladgate LLP, said: “We are delighted to continue to be involved with this prestigious development. As a firm we remain committed to the high end, prime residential London market of which this development will be a great example. We are excited to see this project come to a conclusion as the finished product should be an impressive apartment complex”.

Jeremy Whiteson, corporate and finance partner, added: “We enjoyed working alongside our clients on this challenging project and are very pleased to have reached a successful conclusion. We wish our clients continued success with the rest of the development”.

The Fladgate team comprised corporate partner Jeremy Whiteson, real estate partners Stephen Lewis and Amanda Hado-Bodfield, finance partner Seetal Modi, real estate senior associate Rebecca Tavares, construction senior associate Hollie Docherty, tax associate Anthony Reeves, real estate associate Naomi Clancy and finance paralegal Reena Patel.

Apollo were advised by Dechert.

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