Latest Package Deal Completed
The construction and delivery of new affordable homes continues to be high up the political agenda, particularly within Greater London. With most new developments now needing to provide at least 35% affordable homes on site, Registered Providers remain one of our most active sectors for our development site transactions.
Whilst we sell land directly to RP’s, we often facilitate “package deals” whereby the land is sold with a construction contract in place to deliver the scheme, which manages risks for the RP and maximises value for the land owner.
Our recent disposal of Hatcham Road, in the heart of the Old Kent Road regeneration area, was a collaboration between Optivo Housing Association and Skillcrown and will deliver 86 new homes and business space. The property was was sold with a guide price of £10,000,000.
If you own site which may be suitable for an Affordable Housing provider, or if you are a contractor interested in similar package deals, please contact a member of our team.
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