ING’s U.K. Real Estate team has successfully coordinated a £290 million ($389 million) senior term loan with SMBC and BayernLB to the Global Holdings Group, refinancing Sea Containers, their landmark hotel and office asset on London’s South Bank.
Sea Containers is an iconic riverfront property on the River Thames, which provides 292,000 square feet of prime office space and the 359-bed design-led Sea Containers Hotel operated by Lore Group.
Situated in the heart of London’s South Bank, Sea Containers is well established as a key destination offering a vibrant mix of amenities including a waterfront restaurant, spa, award-winning rooftop bar and panoramic views across the city skyline. With strong sustainability credentials, BREEAM Excellent and EPC B rating, the deal has been documented as a green loan.
These credentials have led to a flurry of leasing activity over recent months at Sea Containers’ 62,258-square-foot office element, Twenty Two Upper Gro
