Developer Prime Phenix has acquired a £50m mixed-use scheme in west London from De Vere Partners & Oakwood Real Estate.
The £50m Bollo Lane scheme in Acton, W3, has planning consent for 88 flats and 20,000 sq ft of commercial space.
The homes will be across two towers of 10-14 storeys.
GLPG facilitated the deal.
Dean Leslie, director of GLPG, said: “This landmark scheme for the area will provide much-needed private and affordable housing, and is proof that despite a challenging market, residential-led property developers still have confidence in this sector.”
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