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IN BRIEF: Morgan Sindall Agrees On GBP252 Million Deal With Get Living

14th Jul 2020 14:43

Morgan Sindall Group PLC - London-based construction company - Says Urban Regeneration division agreed on a GBP252 million forward funding deal with Get Living PLC to deliver the second and final phase of its Lewisham Gateway scheme. The scheme will boast 649 homes for rent, 25,000 square feet of retail space, 15,000 square feet of food and beverage space, a gym, 10,000 square feet of offices and Lewisham's first major multiplex cinema. The scheme's completion is anticipated in 2023. The scheme is part of a wider development between London Borough of Lewisham, the Mayor of London and Transport for London which aims to provide Lewisham with high quality buildings and a major new public realm which is connected to its surroundings.

Current stock price: 1,191.78 pence

Year-to-date change: down 27%

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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