Malaysian firm eyes Ballymore joint venture

28th November 2014

A Malaysian property investment group has emerged as a potential partner for a £2bn London residential joint venture with Ballymore. Eco World Development Group is understood to be the frontrunner to team up with Irish developer Ballymore on developments that will deliver 3,000 homes as well as 250,000 sq ft of commercial space. The deal would see Eco World funding projects and Ballymore retained as development manager. The schemes would be at Arrowhead Quay in Canary Wharf, phase two of London City Island on the Leamouth Peninsula, and phase two of Embassy Gardens in Nine Elms, SW8.

Estates Gazette (24/11/14)