Amro Partners has completed an 18-month land assembly plan in south east London, as part of a residential-led redevelopment with a GDV of £400m, DFT can reveal.

This has now concluded with the purchase of the Lewisham Retail Park site and remaining land holdings from Legal & General.

Scheduled to launch with phased openings in 2028/29, this represents one of the final pieces of Lewisham’s 20-year regeneration plan.

“This acquisition is the culmination of two years’ hard work piecing together this incredibly complex site,” said Raj Kotecha, chairman and CEO at Amro Partners.

“It’s an honour to play a part in the regeneration of this bright and thriving neighbourhood, with a site that has such vast potential.“We look forward to working with the council and the people of Lewisham to bring forward a landmark development that sets a new bar for placemaking, sustainability and brings long-term value to the local community.”

The land island is adjacent to Lewisham train station and has a connectivity rating of PTAL 6b.

As well as new units, this redevelopment will create new green spaces, cycle paths and permanent community spaces. Flexible commercial space on the ground floor will accommodate local businesses.

With plans to improve the existing planning consent for 550 homes, Amro is working closely with the London Borough of Lewisham to secure permission for ESG-leading units.

“Amro has the ability to deliver an exceptional development with outstanding placemaking, and much-needed housing,” said Adam Cradick, head of London residential land at CBRE.

“This transaction is another example of the current positive sentiment within the London residential land market, and the demand we are seeing for best-in-class sites.”

Source: Development Finance. Today

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