August 1, 2023
Gibson Dunn & Crutcher LLP acted for Canary Wharf Group on a £535 million loan from investment firm Cain International and Starwood Capital Group to fund the next phase of development at Wood Wharf.
Cain International and Starwood Capital Group will each provide half of the £535 million development loan, one of the largest of its type in the UK in the past 12 months, to fund the next phase of Wood Wharf Phase 3, a 1,308-home private build-to-rent scheme, split across three towers and two buildings.
The London-based Gibson Dunn & Crutcher Real Estate Partner Rob Carr and Associate Jamie Chew acted for Canary Wharf Group on this matter.