The private consortium developing a new £1.3bn town centre at Purfleet-on-Thames in Essex has launched a hunt for finance.
The joint venture between Urban Catalyst, Swan Housing and Keltbray is seeking £1bn in equity and debt, to finance build-to-rent and commercial development in future phases of the regeneration.
Purfleet-on-Thames will provide 2,850 homes and a new town centre at the Essex development, including 1m sq ft of space dedicated to television and film studios at a commercial hub for creative industries. There will also be a medical centre, primary school and extensive public realm on site.
Knight Frank is advising Purfleet Centre Regeneration.
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