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Billionaire Reuben Brothers Extend Financing for London’s Admiralty Arch

Rafael Serrano Secures £110M Loan to Develop Iconic Landmark Into City’s First Waldorf Astoria Hotel
Admiralty Arch was designed by Sir Aston Webb and completed in 1912 as a tribute to Queen Victoria. (CoStar)
Admiralty Arch was designed by Sir Aston Webb and completed in 1912 as a tribute to Queen Victoria. (CoStar)

Prime Investors Capital, the investment vehicle of Spanish businessman Rafael Serrano, has secured a £110m loan to develop London’s Admiralty Arch into a luxury hotel, private members club and luxury residencies, CoStar News can reveal.

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