Long Harbour, a specialist real estate investment firm, and St George PLC have collaboratively forward-purchased the Beaufort Park Build to Rent development located in Colindale, North West London. This acquisition is part of the final phase of the broader Beaufort Park masterplan, with construction already underway and the handover planned for between 2025 and 2026.

The development is set to offer 370 new Build to Rent homes, complemented by over 10,000 sq ft of private amenities emphasizing wellbeing, community, and green spaces. The area is thoughtfully designed to promote walking and cycling and includes 100,000 sq ft of commercial space, housing a pub, nursery, local shops, and offices, thereby supporting numerous local jobs.

Positioned within a 25-acre expanse with a landscaped park at its core, Beaufort Park is less than a mile from Colindale Station, ensuring easy access to Euston, Hampstead, and Camden Town.

This acquisition is a component of the Long Harbour Multi-Family Joint Venture 2, in association with PSP Investments and Cadillac Fairview/Ontario Teachers’ Pension Plan. The venture aims at premier multifamily schemes with over 150 units in London, the Southeast, and selected regional cities.

James Aumonier, Chief Operating Officer at Long Harbour, conveyed his excitement about the acquisition, underscoring the pivotal role of Build to Rent in meeting the UK’s housing demands in the coming decade. Piers Clanford, Chairman at St George PLC, accentuated the sustainable approach of regenerating brownfield land as a viable solution to the housing crisis, and the mutual vision with Long Harbour in bolstering London’s long-term growth and investment.