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Mainland China developer joins Meyer Bergman for London redevelopment
Transactions - DECEMBER 23, 2019

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Mainland China developer joins Meyer Bergman for London redevelopment

by Andrea Zander

Mainland China developer CC Land has teamed up with Meyer Bergman to invest a total of £400 million ($517 million) into the redevelopment of a shopping center in Queensway, W2. And U.S. private equity firm Apollo Global Management will provide a construction facility of £850 million ($1.1 billion).

The regeneration project will provide 153 flats, a five-star hotel with a mix of retail let to independent retailers, a state-of-the-art gym, cinema, and restaurants and cafes across 1.1 million square feet of space.

Dickie Wong, deputy chairman and executive director of CC Land, said: “Whiteleys represents an incredibly compelling proposition with the restoration of an iconic heritage asset and delivers a unique blend of residential, retail and hotel uses in an undervalued, yet prime central location that provides the opportunity for a material shift in both capital and rental value. Finchatton as development manager has created an exceptional vision for Whiteleys, whic

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