Notting Hill Housing Trust: regenerating Southwark

A multi-disciplinary Deloitte Real Estate team advised Notting Hill Housing Trust (NHHT), supported by Barratt London, in its successful bid to redevelop and regenerate the Aylesbury Estate in the London Borough of Southwark. Our team provided advice and support over the 18-month procurement process, with the resulting Southwark cabinet paper recommending the selection of NHHT.

Notting Hill Housing Trust will be the lynchpin in one of the most historically exciting and large-scale projects the capital has ever seen. Over the whole regeneration site, in line with the Area Action Plan, there will be a net increase in homes from 2,400 to 4,200, of which a minimum of 50% will be affordable1.

Deloitte’s Residential Construction Advisory, Valuation and Planning teams all played a part and they are all being retained by NHHT to help deliver the project over the next 15 20 years.

This is a truly flagship residential-led regeneration project that, according to Harriet Harman, MP for Camberwell and Peckham, “will, as well as providing great jobs and new homes, help the surrounding area including East Street Market.” 

  1. https://www.gov.uk/government/collections/affordable-housing-supply

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