0

Maslow funds Camden development with £115m



Maslow Capital has provided a £115m development loan for a PBSA and mixed-used development scheme in Camden, North London.


The funding has been provided to developer Regal to support the construction of a 264-bed PBSA, along with 30 affordable residential units and 8,935 sq ft of commercial space.

This will be built on Chalk Farm Road and comprise four twelve storey blocks.

The development will include an external study courtyard, breakout spaces, gym and dedicated study spaces with over 2.06 sq m of internal space per room.

This will also target BREEAM ‘Outstanding’ certification and other ESG credentials.

"Maslow is delighted to support another best-in-class developer in delivering what is set to become an iconic landmark in Camden,” said James Henry, director of origination at Maslow Capital.

“Both parties brought extensive experience and expertise, ensuring a seamless funding process after agreeing terms.

“We remain committed to addressing the UK and Europe’s housing shortage, and this project is a prime example of the impact strong partnerships can have in delivering much-needed living spaces."

Marc Eden, investment director at Regal, added: "This scheme exemplifies our strategy of integrating best-in-class design, ESG leadership, and connectivity to meet the evolving demands of students and residents.

“The speed and efficiency of this funding process reflects Maslow's execution expertise and our shared focus on delivering high-yielding, resilient assets in structurally undersupplied markets.”



Leave a comment