Regal London has partnered with 4C Hotel Group to deliver The Haydon, a residential tower of 87 apartments in Aldgate in the heart of the City of London. Pluto Finance has provided a £44.5m loan for the £95m development which is due to complete in 2024.
Designed by ACME Architects, The Haydon is a striking tower set within a beautifully secluded, landscaped courtyard, creating a light, serene oasis in the city for residents. Residents will have access to the spa, cinema, gym and roof terrace with extensive views across London.
Regal London has an extensive pipeline of c6,000 residential units, including the recently acquired 100 and 100a Chalk Farm Road next to the Roundhouse, significant residential and student accommodation schemes in Brent and the regeneration of North Finchley town centre in Barnet.
Marc Eden, Investment Director of Regal London said:
“We’re delighted to be partnering with 4c Hotels, who approached us to deliver a residential vision on their land, The Haydon, the next in a long line of iconic buildings in the City of London. Pluto Finance have bought into the strength of the partnership and provided the required development finance for the project.” “We work very closely with our partners, both financial and landowner, to make sure that we deliver value across our projects.”
Al-karim Nathoo, CEO at 4C Hotel Group said:
“We’re delighted to partner with Regal London for our first purpose built residential development in this vibrant part of London. This is a further milestone of our wider re-development of the Minories estate.”
Justin Faiz, CEO of Pluto Finance said:
“We are delighted to have completed this loan for Regal London and 4C Hotels to assist in the development of what is sure to be a standout residential scheme in the heart of London. We look forward to continuing to strengthen our relationship with the partnership.”