The scheme will see the construction of a 5 to 8 storey building comprising four blocks around a communal courtyard and additional roof gardens.

Situated at the former Boleyn Cinema site next to Upton Park, the development will include 88 one, two, and three-bed residential units alongside commercial units and a gym.

The investment manager, which is part of the Ingenious Group, said the transaction underlines Ingenious’ support for residential and commercial real estate developments and projects across the UK.

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Howard Sefton, senior director of real estate at Ingenious, said: “We are delighted to have supported the development of such an important site.

“We continue to see record growth year-on-year in the developments we support, a direct result of the fantastic team we have here at Ingenious which is continuing to expand in both size and expertise.

“We remain confident regarding the longer-term outlook for the real estate sector despite recent headwinds, particularly the continued demand for quality residential space for owner occupation and rental.

“We are committed to supporting real estate developers with flexible financing solutions to meet demand.”