Amro Partners has acquired a 200,000 sq ft office building in Sutton for its next Build to Rent project, taking the company’s total transaction volume since inception in 2012 to over £1bn. The site has been purchased subject to planning, with development work scheduled to start on site in early 2024, and the completed property opening in 2026.

The south London building is in a prime location in Sutton town centre – adjacent to the train station. The £170m GDV project will deliver c.450 new Build to Rent homes with shared amenities including co-working spaces, gym and wellness centre, residents’ lounge, cinema room and roof terraces.

In retaining and extending the existing 1970s office building – which is currently occupied by the LexisNexis Risk Solutions Group – Amro will deliver one of Europe’s most sustainable residential assets with significant embodied carbon savings. The Build to Rent development will target ratings of BREEAM Outstanding, Fitwel 3* and WiredScore Platinum in line with Amro’s pledge to become a net zero carbon company by the end of 2025. The proposal is for a retention of the existing concrete structural frame, comprised of two interconnected towers, and a vertical extension to create a mixed-use scheme with commercial space on the ground floor.