Centerbridge and Argon Capital have sold Bermondsey Reach to Wittington Investments Limited and Fifth State Ltd.
The 1.3-acre regeneration site is a freehold mixed-use development opportunity located in the London Borough of Southwark and has planning consent for 312 residential apartments and more than 20,000 square feet of retail and commercial floor space. It is the second transaction Wittington Investments and Fifth State acting as development manager have partnered on.
Bermondsey Reach is a short walk from South Bermondsey railway station, providing regular National Rail services to central London. The New Bermondsey London Overground station is due to be completed by 2025, offering additional transport options. The London Borough of Southwark boasts the fourth largest economy in London, and Bermondsey Reach is near numerous business clusters around London Bridge, including The Shard. It provides a rich cultural offering, with Tate Modern, Borough Market, Bermonds
