Reed Smith advises L+R on refinancing venture

Reed Smith advises L+R on refinancing venture


Todays other news
A popular northern city has been named the UK property...
New data from Hamptons shows a massive rise in service...
The data has been produced by high end estate agency...
Even the likes of Croydon is now seeing prime-priced property...
The call has come from the British Property Federation...


London & Regional Properties (L+R), the long-established client of Reed Smith, has been advised on the refinancing of its Atlas Hotel portfolio.

The portfolio consists of approximately 50 hotels, with Atlas being purchased from the global property business for circa £575 million in 2016. This acquisition marked the first budget addition to L+R’s existing portfolio of luxury hotels, which comprised of 6,600 rooms across Europe and the Caribbean.

Jimmy Theodoru, vice-chair of the firm’s Real Estate Group, led the refinancing out of London in collaboration with real estate finance partner Fran Sepúlveda.

Having guided the initial acquisition, the team acted continuously to achieve refinancing as a priority for L+R.

Theodoru commented: “We are delighted to continue to advise this valued client in relation to the management of this strategically important part of their property portfolio.”

Tags: London

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Even the likes of Croydon is now seeing prime-priced property...
From the ninth floor upwards the flats are open market...
Will Non Doms quit the UK if the government changes...
London’s £5m-plus market picked up in Q4 2024 after a...
Spain’s draconian new tax is already spooking British investors...
The Budget has forced a revision of forecasts for the...
Prices and sales volumes will grow in 2025 despite the...
Recommended for you
Latest Features
A popular northern city has been named the UK property...
New data from Hamptons shows a massive rise in service...
The data has been produced by high end estate agency...
Sponsored Content
As the property industry shifts towards sustainable practices, Inspired Property...
Are you concerned about rising interest rates and their potential...
In the ever-evolving landscape of property investment, staying ahead of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here