Announced

St George and SEGRO to form a joint venture.

Synopsis

St George, a mixed use developer in London, and SEGRO, an owner and developer of warehouse space, agreed to form a joint venture. Financial terms were not disclosed. “Grand Union has been carefully designed with the local community to create an exciting new canalside neighbourhood, delivering high quality homes and vital jobs offering a wealth of amenities and uses within beautiful public spaces. SEGRO V-Park Grand Union is a key part of the redevelopment of this complex brownfield regeneration site in bringing even further opportunity for job creation, aligning with the Borough of Brent and the GLA’s ambitions. We look forward to working with SEGRO on this exciting project," Piers Clanford, St George Managing Director.

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