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U+I resi JV “reviewing options” after planning block

U+I is “reviewing its options” after failing to gain planning consent for its  joint venture residential scheme in the Royal Borough of Kensington and Chelsea.

A statement from the regeneration developer and investor said the ” joint venture is currently reviewing its options post this decision as it seeks to realise value from the scheme”.

Separately, U+I has realised profits at the upper end of guidance (£9-11m) on 12 Hammersmith Grove, following its sale by Aberdeen Standard Investments on 10 January 2018.

Click here for the full Investegate announcement

 

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