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Shiva Hotels’ flagship property, The BoTree Hotel, a luxury hotel located Marylebone, Central London, has secured a £310m credit investment from NorthWall Capital and Bluewater Capital.
The BoTree Hotel is a newly developed, 200 key freehold hotel, embodying the concept of “Conscious Luxury”.
The property is owned by Shiva Hotels, an operator with a track record in developing and managing premium real estate assets.
NorthWall and Bluewater’s investment is part of a holistic refinancing that aims to “help cement” The BoTree Hotel’s long-term positioning as a “leader” in central London’s luxury hospitality sector.
The financing includes a £170m facility from BlueWater Capital and £140m from NorthWall Capital.
The £300m+ transaction is the “largest” single-asset hotel refinancing completed in Europe since Covid.
The financing will provide growth capital for the expansion of the hotel’s facilities, including its spa, and premium hospitality offerings operated by Tao Group, the hospitality group behind renowned venues such as Marquee, Lavo, and Hakkasan.
Alexander Garnier, founding partner and portfolio manager at NorthWall, said: “Financing high-quality assets like the BoTree Hotel aligns perfectly with our strategy of backing top-tier businesses and assets.”
Sharan Dhanjani, vice president, at NorthWall, added: “We are delighted to partner with Shiva Hotels in securing a new, long term, financing structure that ensures the BoTree Hotel continues its growth trajectory in response to strong market demand.”
