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JV announced to develop hundreds of homes in London

Lendlease and Daiwa House have announced a new joint venture to develop and construct hundreds of homes as part of the final stage of a residential development at Elephant Park in London.

Residents of the new buildings will be able to enjoy a communal gym, elevated garden, SkyLounge, 24-hour concierge service and cycle storage. Residents are expected to be able to move in from mid-2026.  

Andrea Ruckstuhl, Lendlease’s European Chief Executive, said: “This deal is a significant vote of confidence in the property market in the United Kingdom. We’re very pleased to be able to bring Japanese investment here and it’s another illustration of the desire that international investors have for high quality opportunities across our global pipeline of projects.”  

At Elephant Park, Lendlease is creating thousands of high-quality new homes in a vibrant part of central London alongside new jobs, restaurants, cafes, business opportunities and a new park. It is just a short walk from London Underground and Thameslink stations.

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