Christie Finance Real Estate secures £17 million facility for UK hospitality operator to support major development programme
Christie Finance Real Estate is pleased to announce the successful arrangement of a £17 million aggregate loan facility for a UK-based hospitality operator, enabling a transformative development programme across two of the client’s six hospitality assets.
The facility refinances existing debt and provides the capital required to commence construction of premium guest amenities, including a heated outdoor pool, sauna, steam room, and spa facilities. These enhancements are designed to elevate the guest experience and position the hotels for long-term success.
The client sought a funding partner whose lending philosophy aligned with their vision for quality and guest satisfaction. Following a competitive tender process, Christie Finance Real Estate was able to secure highly favourable terms, with Ortus Secured Finance.
Ram Kakar, Head of Real Estate at Christie Finance, structured a bespoke facility, tailored to the client’s operational and strategic needs. The loan spans a 36-month term with no personal guarantees required and no early repayment charges, offering flexibility and financial efficiency.
The facility also incorporates a stabilisation period, allowing the hotels to reach mature trading levels post-development. The new amenities are scheduled to be available to guests by Spring 2027.
“Being able to assist our client & deliver a facility that unlocks the true potential across the collection is a real pleasure. This was a complex facility to arrange considering the layers & intricacy involved within the transaction. We were able to navigate any potential hurdles early & ensure a seamless process to achieve completion in time for works to commence as per the schedule. Thank you to everyone involved & we look forward to seeing the finished article next year!” Ram Kakar, Head of Real Estate
“From the outset, it was clear this was a unique opportunity to support a forward-thinking operator with a strong vision for guest experience. The structure we’ve put in place gives the client the freedom to invest confidently in their portfolio, and we’re excited to see the impact these enhancements will have once complete.” John Mitchell, Managing Director
For more information about how Christie Finance Real Estate can assist your development project, get in touch:
Ram Kakar
Head of Real Estate
M: +44 7764 241 349
E: ram.kakar@christiefinance.com
John Mitchell
Managing Director
M: +44 7974 265 259
E: john.mitchell@christiefinance.com