A joint venture between EcoWorld London and Poplar HARCA has secured a £36m development facility with Lloyds Bank to deliver a further 223 residential units at the Aberfeldy Village development in Poplar. Comprising 1,176 homes across six phases, Aberfeldy Village is being developed as a joint venture between the property specialist and housing association, with the three-year financing set to support the build-out of Phase 3B of the development. Lloyds Bank has to date funded 445 homes for open market sale already delivered across previous phases. The development will also deliver a new GP surgery, a community centre, and retail units.
Property Week (20/04/2020)