Connected Living London has agreed to forward fund and acquire a 195-home build-to-rent (BTR) scheme at Chiswick Reach in Bollo Lane, West London, to be developed in partnership by Barratt Redrow.
Connected Living London is a joint venture between Grainger, the UK’s largest listed residential landlord, and places for London, the property arm of Transport for London (TfL),
It is Grainger’s first BTR collaboration with a major UK housebuilder.
The scheme, which is a new addition to the Connected Living London pipeline, has detailed planning consent and Gateway 2 approval from the Building Safety Regulator to start construction. The development will also include 4,299 sq ft of commercial space and 5,499 sq ft of internal amenity space for residents including co-working space and a gym.
The purchase price for the scheme is £68.4m (split 51:49 between Grainger and Places for London).
Construction is expected to start within the next few weeks and practical completion is anticipated in late 2028.
Grainger chief executive Helen Gordon said: “Working alongside Barratt Redrow on this project represents an exciting development in our approach to delivery partners, opening potential new avenues for collaboration with major housebuilders as we continue to expand our build-to-rent portfolio across the UK.”
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