Argent and Related announce UK development joint venture

 
Charlotte Henry
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BRITISH developer Argent and US- based real estate and investment firm Related have combined to form Argent Related. Both firms will exclusively conduct all future UK projects through the joint venture.

One of those projects will be the south side of the new Brent Cross shopping centre in north west London. Argent and its joint venture were announced as a preferred developer for the site last week, with the decision to be put to a council meeting this evening.

Argent Related will develop both open-market and affordable housing, as well offices, retail and leisure spaces, and hotels.

David Partridge, managing partner of Argent, and joint chief executive of Argent Related said: “Argent and Related share a common approach and passion for mixed-use development which is focused around creating new and distinctive places for people.

Kenneth P Wong, chief operating officer and international development director for Related and joint CEO of Argent Related said, “Related has been focused on the London market for several years and we are thrilled to partner with the UK’s leading regeneration developer to jointly pursue new opportunities there.”