Market Leads & Opportunities

Property Firm Wins Contract On £600m London Scheme

Source: http://www.bdcmagazine.com

A contract at a £600m scheme in London has been won by a Worcester-headquartered residential and mixed-use property management specialist.Mainstay has been appointed to manage the first two phases of Hallsville Quarter, Canning Town.Part of the £3.7bn Canning Town and Custom House Regeneration Programme, Hallsville Quarter will include a new town centre, public realm, co-working space and mixed-tenure housing.The first phase completed in 2015; phase two in 2018 and a planning application was granted in June 2018 for phase three, with a start on site scheduled for 2019.With the two initial phases comprising more than 550 homes, the appointment means that Mainstay now manages in excess of 40,000 residential properties.Linkcity was selected as developer by the London Borough of Newham (LBN) to deliver the £600m scheme.