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Transactions - JUNE 15, 2021

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Greystar invests in London residential development

by Released

Greystar Real Estate Partners has purchased an 0.84-acre site in Battersea, London, subject to planning.

The site currently houses a two-story retail building let to Halfords and Pets at Home. It has base planning consent for residential, which was granted by the London Borough of Wandsworth in 2019. Greystar will propose a revised plan designed by architect Hawkins Brown for a new building containing nearly 150,000 square feet of residential and commercial space.

Situated at the junction of Lombard Road and York Road in an established residential neighborhood, the site is within walking distance of a variety of local shops and restaurants in both Battersea and Clapham. It benefits from excellent public transportation connectivity, including National Rail links at Clapham Junction Station. Battersea Park is also within walking distance, with its sports center, tennis courts and 200 acres of parkland.

Mark Allnutt, senior managing director – Europe, Greystar,

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