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Cynergy Bank has supported BPS Purestone with senior financing for the acquisition of 80-85 Tottenham Court Road, London W1. The deal marks the first acquisition of newly launched specialist real estate investment platform BPS Purestone, led by Mahir Vachani and Rishi Khurana, alongside JV partner RevCap.

The asset will undergo an extensive refurbishment and repositioning programme designed to bring the building to contemporary occupier standards and capture growing demand from knowledge-economy businesses in Fitzrovia and the wider West End.

This transaction demonstrates Cynergy Bank's commitment to supporting investors and developers executing value-add strategies through bespoke and flexible structured finance solutions across the asset lifecycle. It also builds on our established relationship with RevCap across multiple real estate sectors, including office, retail and hospitality.

The Cynergy Bank deal team: Elisabeth Simpson (deal lead), Henry Wilson-Holt & Laura Solecki

Deal highlights

Location
LONDON
Sector
REAL ESTATE
Purpose
ACQUISITION
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Laura Solecki

Executive Director, Originations

Laura leads the London & South region for Cynergy Bank, driving strategic growth and delivering exceptional client experiences across one of the most dynamic markets in the UK.
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Mitesh Hathi

Executive Director, Relationship Management

Mitesh joined Cynergy Bank in January 2022 to lead the London Property team with more than two decades of experience in the banking sector.
laura sol compressed

Laura Solecki

Executive Director, Originations

Laura leads the London & South region for Cynergy Bank, driving strategic growth and delivering exceptional client experiences across one of the most dynamic markets in the UK.
mitesh hathi compressed

Mitesh Hathi

Executive Director, Relationship Management

Mitesh joined Cynergy Bank in January 2022 to lead the London Property team with more than two decades of experience in the banking sector.

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