Developer looks for finance partner to kickstart three London residential schemes
Ballymore has appointed advisers to help it secure a joint venture partner to finance and develop three large-scale residential developments in London.
The three schemes are Arrowhead Quay in Canary Wharf, phase two of London City Island (pictured) on the Leamouth Peninsula and phase two of Embassy Garden in Nine Elms.
Together they will develop around 3,000 residential units, as well as 250,000 sq ft of commercial, leisure and office space.
Ballymore will act as development manager on the projects.
Ballymore has appointed Lazard and CBRE to advise it in its search for a joint venture partner.