Lloyds and Barclays lend £236m on London schemes

Lloyds and Barclays have provided a £147m three-year development facility to Ronson Capital Partners for its Chiltern Street residential development in London. Each bank supplied half the loan. Lloyds has also made a £89m three-year development loan to London Square and ARES Management LLC’s joint residential restorations of the Star and Garter building in Richmond and Ancaster House in Mayfair.