Ground-Up Development

Energy-efficient homes in Denmark Hill

We funded the demolition and redevelopment of a former civic building into 24 energy-efficient and competitively priced one, two and three bed apartments.

Sojobo 2
Sojobo 1
Sojobo 3
Sojobo Site Photo

We are providing a £11.1m, 22-month senior ground-up development finance facility to an experienced architect/developer.

The development is situated on a brown-field urban location that will benefit significantly from an attractive, modern and energy efficient redevelopment. The 24 apartments under construction are targeted at Londoners.

Gross Loan

£11.1M

Term

22 Months

LTV

70%

Units Created

24

Exit Method

Sales

Atelier’s record of supporting sustainable developments and structuring bespoke lending solutions makes us the perfect fit for Denmark Hill. This is a carefully considered scheme which will appeal to design-focused Londoners, and we look forward to seeing this exciting development coming out of the ground

- Martin Gilsenan, Chief Originations Officer

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