News
BCLP advised Cheyne Capital on the £92.3 million development financing of The BeCa residential scheme in Southwark, London.
Feb 20, 2026International law firm BCLP has advised Cheyne Capital on its development financing to a joint venture between Avanton Capital and Housing Growth Partnership (a subsidiary of Lloyds Bank Plc) to finance the development of The BeCa.
Located on the Old Kent Road, The BeCa will include a concierge, co-working space, private fitness suite and communal roof terraces, all positioned above ground-floor commercial spaces as part of the regeneration of the Ruby Triangle on the Old Kent Road.
Nick Grosse, Director at Cheyne Capital Management, commented “Against ongoing housing supply constraints, we continue to see demand for high-quality, well-located residential schemes across London, particularly in areas benefitting from redevelopment and improving connectivity.”
Benedict West, Partner for Real Estate Finance at BCLP, commented: “We are pleased to support Cheyne Capital on a significant London development. This transaction further demonstrates our ability to draw on deep sector knowledge across multiple practice areas to deliver on high-impact schemes such as The BeCa.”
The BCLP team was led by Benedict West (Partner) and included:
- Real Estate Finance: Shanshan Wu (Senior Associate), Rohin Kanji (Associate) and Gabriel Karpal (Trainee);
- Real Estate: Sam Narula (Partner), Janany Kathirgamanathan (Partner), Giles Williams (Senior Associate) and Isabella Sabini (Associate);
- Construction: Gareth Stringer (Partner), Emma Lawley (Senior Associate) and Ahmed El-Atrash (Trainee);
- Planning: Giles Pink (Partner) and Tom Gray (Associate);
- Rights of Light: Edward Gardner (Partner);
- Tax: Andy West (Partner) and Liam Johnson (Associate); and
- Corporate Real Estate and Funds: Luke Mines (Partner) and George Dunne (Senior Associate).
