£46,400,000 – Southeast England

Puma Property Finance has provided a facility of over £46 million for a transformational co-living, commercial and events development in Walthamstow, East London.

The development, directly opposite Blackhorse Road station, will see the creation of 272 residential living units, as well as new commercial co-working areas and a flexible performing arts events space. The scheme is being developed by a joint venture between Scape Living, one of the UK’s largest providers of living units, and Dutch pension giant APG. As of December 2022, Scape Living received consent for the enhanced scheme, and construction is expected to commence no later than Q2 2023.

Once built, the project will complete the latest phase of a £3+ billion regeneration of the local area, which will have provided more than 2,500 new residential living units (across BTR, Co-Living, PBSA and build-to-sell) to address the ongoing housing shortage in the capital, as well as delivering substantial new community provision, including a flexible performing arts events space and extensive amenities for tenants.