14 Dec 2017 07:00
14 December 2017
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Lewisham Council selects Grainger as its partner to deliver a major, ground-breaking new rental housing scheme
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Lewisham Council has announced that Grainger plc, the UK's largest listed residential landlord, has been selected as the preferred bidder for a partnership to develop and own 232 new purpose-built private rented homes and provide a new ethical rental offer to Lewisham residents including long-term, family-friendly tenancies.
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The partnership will develop around 232 homes, including 35% affordable homes to be let at the 'London Living Rent', on a site at Besson Street in New Cross. In addition to the 232 new homes, the partnership will also develop a health centre for the local community, new office space for the New Cross Gate Trust and an outdoor gym.
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Lewisham Council and Grainger will now finalise the legal agreement and will make a further announcement in the spring of 2018, when the partnership is expected to be formally launched.
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For further information:
Grainger plc
Kurt Mueller
London Office Tel: +44 (0) 20 7940 9500
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