Barratt signs £250m Croydon deal

Housebuilder Barratt Developments announced yesterday it has exchanged contracts with Greater London Authority for a £250m redevelopment on Cane Hill in Croydon. Proposals for the 83 hectare former hospital site – the size of 100 football pitches – include 650 homes of which 163 will be affordable, as well as 70,000 square feet of office, leisure and retail space.