Grosvenor faces rejection of £500m BTR scheme

Grosvenor Bermondsey PRS

Grosvenor Group is facing rejection of its £500m build-to-rent scheme in Bermondsey, London after planning officials in Southwark recommended it for refusal at a vote on February 6th, citing concerns over affordability.

The property developer wants to build a 1,300-home neighbourhood with a school, offices and retail space.

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