Section: Affordable Housing

London Square launches its Square Roots affordable arm and agrees deal that will lead to 141 new homes

Posted 04.01.21
London Square: Further reading

Residential developer London Square is expanding into the affordable sector with the launch of housing provider Square Roots - with its first deal agreed in partnership with Hestia, the residential operating platform from the International business of Federated Hermes.

The development - Axion House - is located in Lewisham town centre and will be completed on behalf of Hestia.

Building on Federated Hermes' established design and operational expertise to deliver affordable homes, the site was identified and acquired by Hestia from London Square and will deliver 141 new homes - 116 shared ownership and 25 London affordable rent.

London Square obtained planning consent in 2019 and enabling works are currently being undertaken to support the launch of construction work on site in Spring 2021, with the first homes available in early 2024.

*****

Return to this month's headlines

KeyFacts


Keep up-to-date with issues affecting the social and affordable housing sectors


News and views reported in summary format, with links for further reading


Recognisable sub-sections for easy access - now and at a future date


An essential free resource for anyone with a busy daily schedule


Edited by Mike Skilton



Enter your email address to receive our e-newsletters advising on updates to KeyFacts

We will not share your email address with others or use it for any other purpose


CLICK ON THE SECTIONS BELOW FOR ALL OF THIS MONTH'S NEWS POSTS

Reporting on January 2021

Site Sections

Bookmark and Share

Current Issue