Trowers & Hamlins advises the Hyde Group on joint venture deal with Barratt London
International law firm Trowers & Hamlins is advising housing association the Hyde Group on their strategic joint venture with Barratt London, for the development of 1,150 homes in Harrow.
Harrow View East is a 30-acre site within the ‘Heart of Harrow’, which the council has identified as a key area for the regeneration of the borough. Formerly Kodak Industrial Complex, the site already has outline planning permission for a large-scale development.
The firm advised the Hyde Group on the formation of the LLP and associated agreements with Barratt London. They also acted jointly for Barratt London and the Hyde Group on the acquisition of the site.
Trowers & Hamlins Partner Amy Shaw, who lead on the deal said:
"We are passionate about having a tangible and positive impact upon the real estate market and it is great to be involved in the development of such a large scale regeneration project. We look forward to seeing the project develop."
Mike Johnson, Development Director (London and Kent) at the Hyde Group, said:
“We are delighted to have teamed up with Barratt London for a second joint venture in Harrow. The housing shortage in London will only be solved if we all play our part and work together.”
Matt Calladine, Regional Land & Development Director at Barratt London, said: “The acquisition provides both Barratt London and Hyde an excellent opportunity to deliver new homes within the London Borough of Harrow.”