Leumi UK

Bank Leumi UK signs £65m financing deal with 4C Hotel Group

Leumi UK, has closed a deal with 4C Hotel Group to finance the development of 4 star Canopy by Hilton hotel in Aldgate, London.

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.

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.”

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