The 342-bedroom lifestyle hotel features interiors inspired by its East End surrounding and is set to open by March 2021.
The deal is Leumi UK’s latest with 4C Hotel Group.
Louise Gillon, head of hotel finance at Leumi UK, said: “This deal has fortified our long-standing relationship with 4C Hotel Group.
“Working with the team previously, we have always been very impressed by the quality of their developments and this one has been no different.
- Life after Covid-19: Mobilising back to a new normal
- Bank Leumi UK agrees £27.5m deal with Oranim Group
- Bank Leumi UK provides £62m to Shiva Hotels for luxury development
James Greenwood, relationship manager of hotel finance at Leumi UK, added: “This deal highlights the strength of our relationship with the group and we are thrilled to have been involved in a project of this calibre—it’s testament to the strength of our hotel finance team.”
Al-karim Nathoo, managing director at 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.”