Maslow Capital Provides €146.4m Facility for Landmark Abbey Wood Development

Highlights:

€146.4m development finance facility provided to Definition Capital for mixed-use scheme in Abbey Wood
• Financing package introduced by Mantra Commercial
• Project to deliver 487 co-living units, a 110-key hotel, and a re-provided pet hospital

Specialist real estate finance provider Maslow Capital has provided a €146.4 million development finance facility to Definition Capital, supporting the delivery of a major mixed-use regeneration scheme in Abbey Wood, South-East London. Introduced by debt advisor Mantra Commercial, the financing package underpins a 487-unit co-living scheme, a 110-key hotel, and a new pet hospital — supporting new homes and services in a growth location.

The scheme, located on Eynsham Drive within walking distance of Abbey Wood Station and the Elizabeth line, will comprise four blocks ranging from 3–17 storeys. It will deliver co-living units supported by shared resident amenities such as lounges and workspaces, alongside a new 110-room hotel. The PDSA Pet Hospital will also be re-provided on site.

The project is expected to contribute to the ongoing regeneration of Abbey Wood and Thamesmead, an area identified as an Opportunity Area with capacity for 8,000 new homes and 4,000 jobs.

“We are pleased to bring forward this ambitious mixed-use scheme for Abbey Wood, combining well-managed rental homes, a high-quality hotel, and community facilities on a single site. As a repeat client, we were pleased to partner with Maslow Capital again; their clarity, pace, and depth of experience, working alongside our debt adviser, Mantra Commercial, helped us navigate a complex structure and move decisively to completion. We look forward to delivering a scheme that adds lasting value to the area with their continued support.”Irfan Hussain, Director at Definition Capital

“This is a landmark scheme that will help reshape Abbey Wood and bring high-quality living and hospitality to the area. It has been a privilege to advise Definition Capital, as it leads the way in delivering much needed high-quality co-living developments for the UK. We handled both the insurance and the debt side of this deal and analysed the market for the best lender. Maslow Capital was identified as the ideal partner due to its sector knowledge, pragmatic approach and commitment to getting the deal over the line as well as its ability to handle complex, large-scale developments. The structure of this deal is unique and pulling it together in this way will continue to help ensure that the project comes to fruition and is a success.”Nick Neophytou, Managing Director at Mantra Group

“Working with Maslow Capital on this transaction, we have creatively crafted a unique finance package that addresses the scheme’s complexities and delivery requirements. It demanded deep sector understanding and close collaboration between all parties to ensure it was structured appropriately for everyone. It’s fantastic to see it completed for the benefit of everyone involved, and I look forward to seeing the scheme delivered over the coming years.” Rickesh Patel, Head of Real Estate at Mantra Commercial, part of the Mantra Group

“We are delighted to back Definition Capital on this flagship scheme. As a repeat client, they bring strong delivery credentials, and the project’s amenity mix, and connectivity make a compelling proposition for residents.”Sky Mapson, Senior Director of Origination at Maslow Capital

“London’s professionally managed rental stock remains constrained relative to demand, particularly in well-connected locations. This scheme adds much-needed capacity with the right specification and amenities, positioning it well for lease-up and long-term operational resilience. Together with Mantra Commercial, we have created a bespoke finance package that protects all parties to the deal against changes in the financial and development landscape, while also reducing paperwork and administrative time. Importantly, it is a package that helps deliver living spaces for people who need a place to live in a thriving part of London.”Rachael Gordon, Head of Deal Execution (UK & Europe) at Maslow Capital