Amro Partners and NTT UD Europe (NTT UDE), a subsidiary of Japanese real estate developer NTT Urban Development, have formed a joint venture partnership to fund the development of The Rex co-living project in London.
The £80 mln (€92 mln) gross development value project located directly opposite Kingston train station represents NTT UDE’s first foray into the UK residential market and the first joint venture between the two parties.
The project will deliver 210 co-living units and is expected to be the first coliving building in the UK to achieve BREEAM Outstanding status in addition to the targeted Fitwel 3*, WiredScore platinum and ActiveScore platinum ratings.
Source: https://propertyeu.info/Nieuws/Amro-Partners-teams-up-with-Japanese-developer-to-fund-London-co-living-scheme/932fa5dd-63ab-41dc-a4ac-07d737696f34, on 25 May 2023