Tribeca Holdings has secured financing from Firma Partners to support the redevelopment of 90 Sloane Avenue in London.
Tribeca intends to transform the existing five-storey building, which comprises 20 residential units and ground floor retail space, into a six-storey luxury residential scheme offering 24 luxury apartments with a flagship retail unit on the ground floor.
Victor Librae, chief executive of Firma Partners, said: “We are proud to support Tribeca Holdings in realising their vision to redevelop 90 Sloane Avenue. We have worked very closely with Tribeca on this project for some time and so we know the building intimately – this enabled us to structure a facility tailored to meet the project’s ambitions. As a placemaking scheme, its redevelopment is expected to have a significant positive impact on the surrounding area.”
BBS Capital advised Tribeca on the transaction.
