By Richard Hook2018-10-31T10:14:00
GHS, the 50/50 joint venture between Great Portland Estates and the Hong Kong Monetary Authority, has completed the land buyback from Transport for London at its Hanover Square development.
Having set up the joint venture to develop the 1.3 acre mixed-use redevelopment of Hanover Square in the West End of London in 2013, GHS has taken the next step of its development programme following the completion of the Elizabeth line’s new ticket hall structure at the Bond Street East station.
GHS has acquired the site through the grant of two new 150 year leases and entered into a development agreement with TfL to enable completion of the construction of the over station development at 18 Hanover Square, anticipated in Q3 2020.
You must be logged in to continue
Register for free to finish this article
Due to the unprecedented challenge facing our industry at this time propertyweek.com will be entirely free to view to all users until 19 April. Register now to benefit from the following:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.