B&Q and Homebase Sites, Swandon Way, Wandsworth
Legal and General appointed Quod following its acquisition of two sites opposite each other across Swandon Way in Wandsworth.
Legal & General acquired the B&Q site from the Railway Pension Trustee Company and Homebase from the National Grid UK Pension Scheme. The two sites were acquired to develop two build-to-rent schemes with an end value of £500m.
The acquisition will see the Legal & General Fund, PGGM and Legal & General Capital develop 1,000 homes and around 4,000m² of commercial space in Wandsworth town centre, SW18. The two sites neighbour Wandsworth Town railway station.
If you would like more information about this or similar projects, please contact Ben Ford.