22 Oct 2025

Mishcon de Reya Advises on £348 Million Loan Facility for Park Tower Hotel Refinancing

"Mishcon de Reya's Real Estate team has successfully advised King Street Capital Management, Cohort Capital, and Apollo-managed funds on a £348 million senior loan facility to refinance the Park Tower Hotel, a 271-room property in Knightsbridge. Partner Kirpal Kaur highlighted the firm's expertise in financing and the hotel sector, emphasizing their ability to collaborate with sophisticated lenders for swift decision-making. The team involved in the transaction included various specialists from the firm's Commercial Real Estate and Planning departments. Mishcon de Reya's Real Estate department is one of London's largest, offering comprehensive property services."

Mishcon de Reya's Real Estate team participated in a transaction advising King Street Capital Management, Cohort Capital, and funds managed by Apollo in securing a £348 million senior loan facility to refinance the Park Tower Hotel. The Park Tower Hotel is a 16-storey, 271-room freehold asset located in a prime Knightsbridge location, near Sloane Street and the south entrance of Hyde Park. The Mishcon de Reya team was led by Kirpal Kaur (Partner, Commercial Real Estate) and included Venessa Toofanny (Of Counsel, Commercial Real Estate), Emily Chandler (Associate, Commercial Real Estate), Nicholle Kingsley (Partner, Planning), Rebecca Gough (Associate, Planning), William Chung (Managing Associate, Construction), and Alex Painting (Associate, Construction).
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