London Square delivers major BtR scheme at former Royal Mail site

London Square has begun the handover of 465 Build-to-Rent apartments at its development at Nine Elms – the final phase in the transformation of central London’s largest regeneration area.

The buildings form part of London Square’s triple tenure development at Nine Elms, which is delivering 756 for sale, BtR and affordable homes on the 14-acre site of the former Royal Mail sorting office. 

The BtR element, which spans two blocks ranging from nine to 14 storeys, features apartments, co-working spaces with meeting rooms, a gym, cinema room and a roof terrace. These are now being handed over to Moda Living, who will operate them as their first London scheme.  

The for-sale apartments are housed in a 23-storey, bronze-panelled building are now occupied, with the duplex penthouses set to launch towards the end of the year. PA Housing will also take receipt of 103 affordable homes over the summer. 

The new neighbourhood is the last of the 35-plus sites within the 561-acre Nine Elms regeneration scheme. Adjacent to the US Embassy, London Square’s buildings also overlook the 2.5-mile-long linear park, a green stretch of public outdoor spaces and gardens, which runs from Battersea Power Station to Vauxhall Cross.

London Square has continued to focus on growing its BtR portfolio. The business has acquired a number of sites, including developments at Stratford Cross and Woolwich, which will be delivered either as dedicated BtR or include rental units as part of a multi-tenure offer.  

Adam Lawrence, chief executive officer of London Square, said: “The regeneration of Nine Elms has redefined this part of the South Bank and shows the long-term benefit of effective public/private partnerships. We’re proud to help complete this landmark example of placemaking with a development that provides a full ecosystem of tenures and supports successful community building.”