Green Street News: Beltane and TPG Angelo Gordon secure £175m backing for Notting Hill project
BGO has provided £175 million in development financing to support the landmark Notting Hill Place project in London, led by TPG Angelo Gordon and Beltane Asset Management. The project transforms the former Newcombe House and Royston Court into a 290,000 sq. ft. office-led mixed-use scheme, nearly tripling the existing footprint. Jim Blakemore, BGO’s Global Head of Debt, emphasized the importance of delivering best-in-class office accommodation in one of London’s most vibrant neighborhoods, addressing the critical shortage of modern workspace.
This financing reinforces BGO’s role as a global partner in shaping sustainable and adaptive urban development. With completion targeted for 2027, the project will deliver office, retail, residential, and NHS medical floorspace. BGO’s involvement highlights its commitment to supporting transformative projects that enhance cityscapes and provide long-term value for tenants, communities, and investors.
