Schroder UK Property Fund has completed a deal to deliver and manage the first phase of residential property at Ruskin Square in Croydon with Places for People.
The deal is through the Schroder/Stanhope Croydon Gateway Limited Partnership.
Designed by Allford Hall Monaghan Morris, the first residential block will provide 161 flats in a 22-storey tower.
Ian Mason, head of UK Specialist Funds at Schroder Property, said: “We look forward to working closely with Places for People, which has an excellent track record of creating aspirational homes in inspirational places.”
Jason Margrave, director at Stanhope, said: “Stanhope and Schroders will be working closely with our new partner to realise our exciting vision for this important regeneration and gateway site in Croydon and to deliver the first of four possible phases of 625 units.”
joanna.bourke@estatesgazette.com
