News and Insights
Bank Leumi UK signs £62 million financing deal with Shiva Hotels, covered by specialist press
May 1, 2020
Leumi UK has closed a deal with hotel group Shiva Hotels to finance its latest high-end development, Middle Eight. The £62 million financing deal comes as the latest in Leumi’s longstanding partnership with Shiva Hotels, having previously funded high-end projects such as The Guardsman.
Situated on Great Queen Street between Holborn and Covent Garden, the hotel has been branded a “sustainable luxury lifestyle hotel” – featuring 180 bedrooms, 12 suites and multiple food and beverage outlets.
Following Moorgate’s outreach, the news was covered by Business Money, Development Finance Today, Hotel Analyst, Boutique Hotelier, RPBI and The Caterer.