11-05-2018

Brittania Music site shortlisted for RESI Award

Durkan's Brittania Music Site in Ilford has been shortlisted for PRS Deal of the Year's  in this year's RESI Awards.

The development is at the heart of London Borough of Redbridge's regeneration of Ilford Town Centre.  It will feature 354 new homes in a mix of one, two and three bedroom apartments in a range of blocks including a 24 storey tower.  In March 2017, M&G Real Estate and Durkan signed a £71.4 million deal to finance and build 206 new private rental homes as part of the project.

Working in partnership, Durkan and M&G Real Estate overcame significant financial and logistical issues to transform a dormant brownfield site into a landmark residential development.  With Crossrail opening in 2019 and attractive rental yields, Ilford is a prime location for PRS.

Now in its seventh year, the RESI Awards, organised by Property Week, celebrates the property market and its success of the past year. The winners will be announced at a glittering award ceremony held at Grosvenor House Hotel on Friday 16 May. 

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