Cain International

31st October 2014

Cain Hoy provides £390m development financing for London’s Shell Centre

London, England, October 31, 2014 – Cain Hoy Enterprises, LLC (“Cain Hoy”), the private investment company, today announces that it has provided £390m of development financing to Almacantar to redevelop the offices component of the Shell Centre on London’s South Bank.

The deal is the largest bilateral development financing in the UK since 2008.

Jonathan Goldstein, Cain Hoy’s Head of European Investments, said: “Our latest deal to provide debt financing to Almacantar for this iconic London site highlights our ability to execute big-ticket financing deals, taking a bespoke and flexible approach. With £750m now deployed and the ability to make further significant investments in European real estate, we look forward to announcing further deals over the coming months.”

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