QuadReal Property has agreed to forward fund a £120 million (€139 million) build-to-rent (BTR) development in the UK under a new partnership with London Square.
The two firms have agreed their first partnership to deliver 241 BTR units at London Square’s Woolwich scheme in south-east London.
London Square’s 4.49-acre Woolwich site has secured full planning permission and Gateway 2 approval to deliver a 700-home, triple-tenure development. Alongside new homes, the project will feature shops, workspaces and public realm. Construction is scheduled to commence this spring, with completion targeted for 2029.
Source: realassets.ipe.com on the 15th of June