Fortwell Capital

Fortwell Capital provides £15m development facility for mixed-use scheme



Fortwell Capital has provided a £15m development facility to developers Goldenstone for a mixed-use scheme in Ealing, west London, with a GDV of circa £23.5m.

The Mall will comprise 35 residential units: 27 one- and two-bedroom apartments for private sale as well as eight affordable homes.

The development will also include ground-floor commercial space.

Construction of the project is underway, with completion scheduled for early 2021.

“In an excellent location, and being developed by Goldenstone’s proven team, the Mall represents a great opportunity to capitalise on the latent demand for residential space in this corner of London,” said Arthur Jennings, managing director at Fortwell Capital.

“Concluding this financing just days before the UK general election, at a time when some lenders are wary of the London market, demonstrates our clear commitment to the capital.”

Adam Hunter, managing director at Goldenstone, added: “Working with Fortwell means dealing with a team that genuinely understands the market we are operating in, and have the confidence and expertise to move quickly. 

“We look forward to working with Fortwell to deliver a first-class scheme.”


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