020 7538 0102
An Indian conglomerate claims its regeneration plans in east London have been dismissed by the Greater London Authority and existing owners the Silvertown Partnership. Essel Group said it had been in advanced talks to buy a 62-acre site at Silvertown, which would have housed a huge cultural centre and thousands of homes. Insiders said the partnership was now in exclusive talks with Lendlease and Starwood Capital to buy the site. “This approach suggests the interests of the developers are being put ahead of what is best for London,” said Essel chairman Subhash Chandra.
The Times (29/05/2018) City AM (29/05/2018)