Hospitality

Hospitality

OakNorth completes loan to Wirefox Real Estate Group to support the acquisition of the Ardgowan Hotel in St. Andrews, Scotland

Tuesday January 10th, 2023

The Ardgowan Hotel is a 3-star hotel located in the heart of St Andrews, within walking distance of the University of St Andrews and the world-famous Old Course; The capital from OakNorth Bank was used to assist with the acquisition of the hotel by Wirefox, a real estate investment and development company, with a growing […]

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Hospitality

Zetland Capital – Bespoke finance to grow a UK wide pub portfolio

Tuesday July 26th, 2022

  The Challenge Zetland Capital focuses on investing in mid-market European special situations across a wide range of sectors with a focus on tangible assets. Its portfolio of pubs is operated by Portobello Starboard, the pub operating company led by industry heavyweight Mark Crowther. With pubs being some of the worst-hit businesses by the pandemic, […]

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Hospitality

The Signet Collection – Finance to acquire and refurbish its third hotel

Tuesday July 26th, 2022

  The Challenge Founded in early 2020 by seasoned hotelier Hector Ross, The Signet Collection is a visionary British hospitality brand that creates extraordinary boutique hotels in memorable locations. With UK staycations remaining popular, the hotel group required a trusted lender operating in the hospitality sector, to fund their next project. Opportunity & Outcomes We […]

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Hospitality

Supporting a leading tenanted and free of tie pub provider in acquiring new sites

Monday February 7th, 2022

Since its launch in 2011, Red Oak Taverns has invested heavily in its pubs and offered flexible terms to its tenant partners.

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Hospitality

Bespoke finance to restore London’s historic 15 Old Bailey

Monday February 7th, 2022

A leading property business founded by entrepreneur Alex Shamas and joint venture partner Boscalt Hospitality needed an experienced partner to support its next project: converting one of London’s most famous landmarks.

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Business loans

Product diversification at Ottolenghi leads to higher earnings margin and repayment of almost half of its CBILS loan from OakNorth Bank

Thursday January 27th, 2022

In July 2020, OakNorth Bank provided a £3.7M CBILS loan to Ottolenghi to help cover working capital throughout the pandemic; In the months following the first UK lockdown, the company expanded its online shop with dinner boxes, prepare at home meal kits, and a tableware licensing deal; In May 2021, Ottolenghi moved its production unit […]

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