Cain International provides €63m for London housing scheme (GB)

Cain International provides €62.9m for London resi scheme (GB)

Cain International has provided a c.€63m (£56m) loan for the Landsby, a 101-home high-end later living project located in Stanmore, north-west London. Elysian Residences is acting as the developer and will operate the project upon completion. Henry Construction is delivering the residences, which are expected to complete towards the end of this year.

 

Commenting on the deal, Graham Keable, Principal at Cain International, said: “Partnering with Elysian Residences reflects Cain International’s philosophy of working alongside strong partners that are providing a sound solution to address market demand. With nearly 12 million people in the UK over 65 today, and an expectation for that number to grow by 20% over the next decade, we are proud to support Elysian as they deliver their vision of high-quality later living homes.”

 

Gavin Stein, CEO of Elysian Residences, said: “We appreciate Cain International’s support, as we look forward to the Landsby completing later this year. The Landsby will meet growing demand from an increasingly significant group of people seeking attractive and flexible living spaces which cater to their changing needs, without compromising on design and quality.”

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