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Memery Crystal advises Gage Properties on Taplow high-end residential project

22/01/2021

At a glance

The banking and finance team at Memery Crystal have advised Mayfair-based real estate development, investment and asset management company Gage Properties on a £15m loan from Hilltop Credit Partners for the acquisition and development of nine units within the reputable Taplow Riverside development by Berkeley Homes.

Of the nine units, two will be conversions of the Old Boat House, an existing office facility, into large semi-detached houses; six will be newbuild terrace houses; and one will be a refurbishment of an existing on-site cottage. Each house will come with its own private boat mooring. Planning permission has recently been secured for the site.

The Memery Crystal team on this deal was led by our head of banking & finance Matthew Lindsay and included associate Tom Driscoll and solicitor Amandeep Malad. Construction input was provided by associate James Ashwin and solicitor Jamie Bell.

Commenting on the deal, Gavin Essex, Managing Director of Gage Properties said: “Taplow is our largest acquisition to date, and we are extremely grateful to the entire team at Memery Crystal in getting this time-sensitive transaction over the line.

Matthew Lindsay said: “This development has a lot of appealing features and it will undoubtedly be a success. It was a delight to work with Gage Properties on this exciting project.”

(Image via Gage Properties)

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