Announced
Completed
Financials
Tags
real estate
Completed
United Kingdom
Real Estate Holding and Development
Acquisition
Cross Border
Majority
Private
Real Estate
Friendly
Single Bidder
Synopsis
Galliard Homes, a property developer, and City Developments, a Singaporean multinational real estate operating organisation, completed the acquisition of 13.8-acre Morden Wharf site from LandsecU+I, a specialist mixed-use regeneration developer, and Morden College charity, a residential care charity, for £45m. "Galliard Homes is delighted to announce our partnership with CDL, to provide much-needed homes within Greenwich. CDL's worldwide reputation as an industry leader, marked by their commitment to delivering first-class development across numerous asset classes, aligns with our values. We hope this will be the first of many more future projects together. We thank LandsecU+I and Morden College for their active support and collaboration. We look forward to turning their exciting plans into a new landmark scheme for London,” Stephen Conway, Galliard Homes Executive Chairman.
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