Related Argent and Invesco to deliver €686m first phase of €9b Brent Cross scheme

Related Argent has formed a joint venture with Invesco Real Estate to deliver €686 million ($671 million) of gross development (GDV) value at the €9 billion ($8.8 billion) Brent Cross Town, including the first major phase of homes, retail and leisure.

It plans to bring forward 800 market sale and build-to-rent (BtR) homes, as well as retail and dining.

Located in North London, the 180-acre development features 50-acres of parks and playing fields, 6,700 new homes and 3 million square feet of offices along with retail, leisure, student accommodation and schools. Brent Cross Town will benefit from the new Brent Cross West station, connecting the area to Central London in 12-minutes and adding to the existing strong transport links including the London Underground. The Brent Cross West Station and associated rail works are being funded as part of a €478 million ($468 million) government grant funding agreement with the Department of Levelling Up Housing and Commu