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Nine Elms Square

As at 31 December 2017, the Group's development project includes a 50% interests in the Nine Elms Square Project in London, United Kingdom.

Nine Elms Square is located at central London, on the south bank of the Thames River. It is a regeneration area and forms part of the wider site of the New Covent Garden Market. This project which acquired at a consideration of GBP520 million will be developed in two phases. The first phase development is expected to commence in the third quarter of 2018 and tentatively be completed in 2021. When fully developed, it will provide about 1,900 residential units with a total saleable area of circa 1.7 million sqf, with many of the units commanding a beautiful river view.

The site is located close to the new United States Embassy, and includes the New Covent Garden Market – the largest fresh produce market in the United Kingdom. It has attractive surrounding amenities and easy access transport facility. It also includes almost 3 km of Thames river frontage, which is lined with restaurants facilities, cultural attractions, public spaces and with a new linear green park running right through the area from east to west.

The transport improvement for this area includes two new Northern Line stations (Nine Elms and Battersea Stations) directly linking to the West End, City and North London. The new stations are due to be operational in 2020.

United Kingdom - London