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.
For further information visit British Land’s media centre here: https://britishland.com/news-insights or visit the FAQs page of this website. Please contact us if you have any questions on email@example.com or 0800 470 4593.