Royal Docks set to get £50m build-to-rent development

Redrow and Peabody have teamed up to build a £50m, 130-home development at Pontoon Reach in the Royal Docks. The build-to-rent project, which includes a mix of studio, one, two and three-bedroom apartments, has been funded by Pictet Alternative Advisors in joint venture with Pinnacle Investments, and the apartments - 53 of which are set aside for shared ownership - are anticipated to be available from summer 2022 and form part of the wider regeneration of the Royal Docks area. "The scheme will be a great addition to this exciting regeneration area, and we’re here for the long term, with affordable homes to rent and buy, and great open spaces for all to enjoy", said James McMylor, regional development officer at Peabody. 

Evening Standard (01/03/2022)