Cheyne Capital has acquired the £210 million (€247 million) City Link House project in East Croydon, a former UK office building that is being transformed into a co-living space.
Cheyne Capital said it plans to redevelop the vacant building into a co-living space with 485 units and 84 affordable homes, while also preserving flexible commercial and community areas.
Matt Floyd at Cheyne Real Estate, said: “We are proud to support a project which can play a role in furthering the regeneration of Croydon, and will contribute to its vibrant business and living community.
Source: realassets.ipe.com on the 28 April 2025
https://realassets.ipe.com/news/cheyne-buys-210m-uk-office-to-residential-conversion-scheme/10130234.article