Greystar secures Société Générale loan for Stratford scheme

Greystar has secured a £68.5m debt facility, arranged by Société Générale, for its Stratford Mill scheme in Stratford, E15. The brownfield site will be regenerated for to provide 247 flats, 42 of which will be affordable homes delivered for Sovereign Network Group. Greystar acquired the two-acre site from Lifestory in June 2023 for £20m.  Graham has been appointed as the construction partner for the regeneration project, with completion scheduled for autumn 2026. Dan Thompson, UK managing director of development at Greystar, said: “We’re very excited to see our development at Stratford Mill progress thanks to the debt facility secured from Société Générale, our contractor Graham and SNG, which will forward-fund 42 affordable homes. Greystar is dedicated to delivering high-quality housing across multiple communities.”