Project will deliver 487 co-living homes, a hotel and a pet hospital
Real estate finance firm Maslow Capital has invested £122m in a regeneration scheme in Abbey Wood, south-east London.
It has partnered with finance provider Definition Capital to support the delivery of 487 co-living rental homes and shared resident facilities, a 110-room hotel and a new PDSA pet hospital across four blocks ranging from three to 17 storeys.
The project forms part of the ongoing regeneration of Abbey Wood and Thamesmead, an area identified as having the capacity for 8,000 new homes.
Rachael Gordon, head of deal execution (UK and Europe) at Maslow Capital said: “London’s professionally managed rental stock remains constrained relative to demand, particularly in well-connected locations.
”This scheme adds much-needed capacity with the right specification and amenities, positioning it well for lease-up and long-term operational resilience.”
Debt advisor Mantra Commercial advised Definition Capital on the selection of Maslow Capital as a partner.
The scheme, which was submitted by developer JMH Group, was approved in October last year.
It has been designed by Assael Architecture.
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