Lend Lease has pre-sold A$570m (£312.9m) of flats at its £1.5bn regeneration of London’s Elephant & Castle, the company has confirmed to shareholders.
The Australian giant said it had sold 89% of the 284 flats at One the Elephant, 93% of the 235 flats at Trafalgar Place and 60% of the 360 flats at South Gardens.
The company has also begun pre-sales of the residential element of its £1.3bn International Quarter regeneration project in Stratford, which it is developing in conjunction with London and Continental Railways.
It said it had sold 79% of the 333 flats in two residential buildings at Glasshouse Gardens, raising a total of A$200m.
jack.sidders@estatesgazette.com
Lend Lease has pre-sold A$570m (£312.9m) of flats at its £1.5bn regeneration of London’s Elephant & Castle, the company has confirmed to shareholders.
The Australian giant said it had sold 89% of the 284 flats at One the Elephant, 93% of the 235 flats at Trafalgar Place and 60% of the 360 flats at South Gardens.
The company has also begun pre-sales of the residential element of its £1.3bn International Quarter regeneration project in Stratford, which it is developing in conjunction with London and Continental Railways.
It said it had sold 79% of the 333 flats in two residential buildings at Glasshouse Gardens, raising a total of A$200m.
jack.sidders@estatesgazette.com
