Pic included with release

SevenCapital makes £1bn entry into London resi market



SevenCapital has entered the residential London market, undertaking three projects with a combined GDV of £1bn.


Located in Kensington, Islington and the Isle of Dogs, these projects will create over 1,000 new homes and include both newly built and converted heritage buildings.

The first is 100 Kensington, a £500m residential development to provide 462 new homes which already has planning consent.

The firm’s two other schemes - which are still in the planning process - are the £290m Klein’s Wharf in the Isle of Dogs - which will provide 375 homes - and the £210m Archway Campus in Islington which will provide 178 homes, half of which will be allocated for affordable housing.

The Birmingham-based SevenCapital has entered a strategic partnership with pan-European real estate investment manager MARK.

This 1.7-hectare scheme’s architecture is being overseen by John McAslan & Partners with detailed design by Corstorphine & Wright — unit prices on this site will start from £895,000.

Of 100 Kensington’s 462 homes, 186 will be affordably priced. The site will also include 25,000 sq ft of retail and office premises.

Klein’s Wharf - with a 40% affordable housing allocation - is designed to include a cafe and “multi-use community hub”.

In Islington, the 1.47 hectare Archway Campus will involve the restoration of a Victorian hospital building built between 1877 and 1879 to create student accommodation.

“After building our presence in Birmingham and the Midlands we are now broadening our operations and expanding into London and the South East,” said Damien Siviter, group managing director of SevenCapital.

“Robustly planned and designed our new London developments will benefit from our exemplary track record with over 15 years of continuous deliverance.”



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