Telford Homes, Notting Hill Genesis and London BTR Investments (a joint venture between EQT Exeter and Sigma Capital Group) have exchanged on a £66 million ($82 million) forward sale of the build-to-rent element of the Gallions Quarter Phase 2B site at Royal Albert Wharf in England.
The project, which is a joint venture between Telford Homes, one of London’s leading residential and mixed-use developers, and Notting Hill Genesis, one of the largest housing associations in the country, will feature two buildings offering a total of 132 homes for market rent, which will be managed under Sigma’s Simple Life London brand. An additional 135 homes, 51 percent of the overall scheme, are being delivered as a combination of affordable rent and shared ownership and will be owned and managed by Notting Hill Genesis. Units will be ready for occupancy in first quarter 2024.
Gallions Quarter Phase 2B amenities will include a concierge and landscaped courtyards. The design has be