London, England

Cartier Circle

Loan Size

£74M

Location

London, England

Asset Class

Hospitality

Size

279 Rooms

In December 2020, Cain International agreed a £74 million development loan with Canary Wharf Group and Edyn – the hospitality group behind lifestyle aparthotel brand Locke – to finance the development of a 279-key Locke aparthotel in Wood Wharf, London, Canary Wharf’s new mixed-use district.

The 130,000 sq ft development will comprise 194 design-led studio apartments of approximately 269 sq ft, and 85 larger apartments of approximately 345 sq ft, all of which will benefit from a kitchen and living area. In addition, guests will have access to a range of amenities including a workout studio, a coffee shop and bar, a rooftop restaurant, private meeting and event spaces, co-working space and 3229 sq ft of retail space.

The aparthotel will be located in the northwest corner of Wood Wharf, a new vibrant neighbourhood in Canary Wharf, and will be within walking distance to all major corporate occupiers in the area as well as connected to the rest of London via the Jubilee line, DLR, the Uber Boat by Thames Clippers river service and the new Crossrail Elizabeth line.

Location

Cartier Circle
London E14 5HU, UK