New investor announced as partner for Canada Water Masterplan

British Land and AustralianSuper have announced the sale of 50% of British Land’s share in the Canada Water Masterplan to AustralianSuper. The sale sees British Land and AustralianSuper form a 50:50 joint venture to accelerate the delivery of this 53-acre development. 

AustralianSuper has a growing presence in the UK property landscape and is Australia’s biggest profit-to-member pension fund. The new partnership combines funding from a leading international investor with British Land’s best in class operational platform. 

The joint venture will leverage British Land’s skills in mixed-use, sustainable development to bring new homes, offices, public spaces and facilities to Canada Water, alongside significant new employment opportunities for the local community.

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