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.


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Edited by Mike Skilton

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Reporting on January 2021

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