Plans for the regeneration of a site in London’s East End took a big step forward last night after Lendlease and Starwood Capital stepped in to acquire the project.
The two property companies announced that they were jointly acquiring the Silvertown Partnership, which holds the development rights to the 50-acre brownfield site, and would kickstart the estimated £3.5bn development.
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Including:
Prima, Real Living and Cantay Estates have received funding for 189-bed PBSA
Katy Davis named as an equity partner at the firm
The site will be turned into 261 short stay serviced bedrooms
Rising remote and video appeals offer an opportunity to reduce space
