Back
News

London council, Stanhope sign JV deal

Hammersmith and Fulham council has signed a 15-year joint venture deal with Stanhope to build new homes.

The two companies will identify sites for homes, and will guide each scheme through planning and development, sharing the profits.

HFS Developments – the joint venture – has two council-owned sites with space for some 320 homes, of which 40% will be affordable. Work is due to begin next year.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and data-led analysis

Up next…