Shiva Hotels Secures £300 Million Refinancing for The BoTree Hotel
Deal News | Feb 21, 2025 | Mishcon
Mishcon de Reya has played a pivotal role in advising Shiva Hotels Group on a landmark £300 million refinancing deal for The BoTree Hotel in London. This transaction marks the largest single-asset hotel refinancing in Europe since the pandemic, reflecting renewed investor confidence in high-quality hospitality assets. The refinancing, supported by BlueWater Capital and NorthWall Capital, sets the stage for the further development of the luxury hotel, which includes enhancements like a rooftop pool and additional amenities. Mishcon de Reya's Real Estate Finance team, led by Nick Strutt, successfully navigated the complexities of this high-stakes transaction with their expertise.
Sectors
- Real Estate
- Hospitality
- Financial Services
Geography
- United Kingdom – The BoTree Hotel is located in London, UK, and the legal advisor, Mishcon de Reya, is based in London, emphasizing the UK focus of the transaction.
- Europe – The refinancing is noted as the largest single-asset hotel refinancing in Europe since the pandemic.
Industry
- Real Estate – The article primarily discusses a refinancing deal for a major hotel property, which falls under the real estate sector.
- Hospitality – The BoTree Hotel is a luxury hotel asset, and the deal impacts the hospitality industry.
- Financial Services – The refinancing deal involves financial institutions and legal counsel, placing it within the financial services industry.
Financials
- £300 million – The refinancing amount for The BoTree Hotel.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Shiva Hotels Group | Target | Company | A hospitality group involved in the refinancing of The BoTree Hotel. |
| Mishcon de Reya | Legal Advisor | Company | A law firm that served as the lead counsel for Shiva Hotels Group in the refinancing deal. |
| BlueWater Capital | Financier | Company | One of the financial institutions providing refinancing for The BoTree Hotel. |
| NorthWall Capital | Financier | Company | Another financial institution involved in the refinancing of The BoTree Hotel. |
| Nick Strutt | Partner, Mishcon de Reya | Person | Real Estate Finance Partner leading the legal team on this transaction. |