LONDON (Alliance News) - Waterman Group PLC on Monday said it has been commissioned to provide advice on two residential projects to be developed on the riverside in West London.
The engineering and environmental consultancy firm said it has been appointed by Pinenorth Properties Ltd to provide structural designs for the 4.5 acre Teddington Film Studios' riverside site where planning consent has been granted for over 200 residential apartments.
This site was formerly operated by Pinewood Group PLC's Pinewood Studios and is located in a prominent position on the River Thames overlooking Teddington weir. Demolition of the existing buildings is currently ongoing and construction of the new apartments will commence this year.
The second deal will see Waterman be commissioned by Reselton Ltd to provide environmental and structural advice for the planning application for the 22-acre Stag Brewery site adjacent to the River Thames at Mortlake, London, which will have a 200-metre River Thames frontage developed for residential, retail, hotel and leisure use, it said.
Waterman shares were down 7.5% to 75.38 pence per share on Monday morning.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
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