Cheese maker Dairy Crest has sold a Nine Elms, south London, depot to the Battersea Project Phase 5 Residential Company.
Dairy Crest said it received £17.6m for its share of the enlarged site. Some £15m of this was profit, the company said. The 2.5-acre site will be developed for housing as part of the wider regeneration of Nine Elms, where more than 20,000 homes are planned.
01/02/14 Times 46, 48
Daily Telegraph 32
