The Collective has begun a strategic review of its options for the Old Oak scheme after doubts were cast over the sale to Red Door Ventures, Newham Council’s private build-to-rent development company.
Simon Scott, head of investment residential capital markets, JLL who are jointly advising The Collective with Savills, said: “We have been instructed to start a strategic review of The Collective’s options. We are reviewing where we are on price and the interest originally shown in the assets.”
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