Rockwell jv buys £300m Hurlingham Retail Park scheme

Rockwell and Cerberus have bought a £300m development at Hurlingham Retail Park from Royal London Asset Management. The 3.2-acre site was brought to market last year by CBRE on behalf of the Royal London UK Real Estate Fund, inviting bids of around £60m. The buyers did not disclose the final price. Development partner Londonewcastle secured consent in 2020 for 269 flats and 32,775 sq ft of retail in a scheme called Hurlingham on the River. The landmark waterfront site at 362-364 Wandsworth Bridge, SW6, sits on the north bank of the River Thames in South Fulham. Adam Cradick, executive director for residential land at CBRE, said the sale attracted “significant interest from both UK and overseas parties”. He said: “It is one of the last remaining riverside regeneration sites in a prime London location, further adding to its appeal and we look forward to seeing the completed project in the coming years.” Donal Mulryan, founder of Rockwell, said: “This is the second high-profile site we’ve secured along the Thames in the past year and demonstrates our commitment to London. We look forward to starting on site later this year.” To send feedback, e-mail emma.rosser@eg.co.uk or tweet @EmmaARosser or @EGPropertyNews Photo: Royal London Asset Management