Notes
Topland Group is a UK-based real estate investment and structured finance firm chaired and led by Sol Zakay. The company’s structured finance division provided a £21.5 million, six-month senior debt facility to United Properties London Ltd and Gold Wynn Group in February 2023 for the acquisition of the Northern and Shell Tower on the Isle of Dogs — subsequently converted into 209 residential units branded as Goldwynn Quay (GDV £85 million).
At the time, Topland was also redeveloping 140,000 square feet of Grade A office space in Farringdon (the “Verdant” scheme), pre-let to TikTok.
Sol Zakay stated: “Our structured finance division is well positioned to support our clients through acquisitions requiring flexibility and streamlined credit routes.”
Sources: Topland Group press release; Bdaily — Topland backs United Properties and Gold Wynn
Edges
United Properties London Ltd
Provided £21.5 million acquisition finance for the Goldwynn Quay / Northern and Shell Tower purchase.
Gold Wynn
Co-borrower alongside United Properties London for the £21.5 million facility.
Michel Dadoun
Director of United Properties London at the time of the Topland loan (February 2023).
Mark Shooter
Director of United Properties London at the time of the Topland loan. Also director of J V Tower 1 Ltd, the likely acquisition vehicle.