Housebuilder Telford Homes has secured £300 million backing for three Build-to-Rent (BTR) developments across London.
by Rory Butler / February 15, 2023
Inside the deal: The schemes received forward-funding from joint venture (JV) investment firms Ridgeback Group and Angelo Gordon.
Telford is a developer for property firm Trammell Crow Company.
The plan: More than 750 BTR homes across three sites.
Capital Interchange Way, Brentford
- JV with Catalyst by Design
- 223 units (197 affordable)
- 45,000 sq ft of commercial/retail space
- gym, lounge and co-work space
Mill Road, Ilford
- 239 homes
- 4,000 sq ft of amenity space
- managed by Ridgeback
- start date: February
Alperton Bus Garage
- 306 homes (155 affordable)
- 12,000 sq ft of external space
- lounge, gym and co-work areas
- “Alperton Yard”: 27,400 sq ft of light industrial space
‘Excellent’ BREEAM rating throughout. And more than 60 apprentices employed.
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