ING’s UK Real Estate team has successfully coordinated a £290m senior term loan with SMBC and BayernLB to the Global Holdings Group, refinancing their landmark Hotel and Office asset on London’s Southbank, Sea Containers.
Sea Containers is an iconic riverfront property on the River Thames, which provides 292,000 sq ft of prime office space and the 359-bed design-led Sea Containers Hotel operated by Lore Group.
Situated in the heart of London’s South Bank, Sea Containers is well-established as a key destination offering a vibrant mix of amenities including a waterfront restaurant, spa, award-winning rooftop bar and panoramic views across the City skyline. With strong sustainability credentials, BREEAM Excellent and EPC B rating, the deal has been documented as a green loan.
These credentials have led to a flurry of leasing activity over recent months at Sea Containers’ 62,258 sq ft office element, Twenty Two Upper Ground. International accountancy adviser CFGI signed a five-year term to occupy 7,776 sq ft of workspace, whilst healthcare communications business Lucid Group agreed a five-year lease for 7,721 sq ft of space. These occupiers benefit from a range of amenities within the Sea Containers complex, including bookable meeting rooms, a gym, restaurants, and bars.
Redwood supported the drafting and distribution of this press release on behalf of our client Global Holdings Management Group. The resulting release secured strong coverage across investment and real estate media.
