Shiva Hotels Group has secured a £230m development financing package from Cale Street Investments, the real estate investment and finance firm, and Crosstree Real Estate to fund the construction, through to completion, of its 199-key luxury hotel in Marylebone, London.
Shiva Hotels secures £230m financing for 199-key Marylebone Lane Hotel development
Cale Street is providing £160m and Crosstree £70m of the initial four-year facility
By Sharon Smyth
CoStar NewsJune 29, 2020 | 7:11 AM
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