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Arada Developments has acquired an 80% stake in Thameside West, a £2.5bn London waterfront project set to deliver at least 5,000 homes, including 35% affordable housing, with first-phase construction of 1,000 homes to begin in 2027. The UAE-based developer paid £225m for the stake and will invest a further £100m, planning a five-phase build featuring shops, schools, parks, and transport links. It will be one of Europe’s biggest new regeneration areas - twice the size of the Hudson Yards mixed-use development in New York - occupying central London’s longest stretch of undeveloped riverfront. It will be spread over around 30 towers up to 25 storeys high |
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Bloomberg (17/11/2025) Construction Enquirer (17/11/2025) The Standard (17/11/2025) |