PropList Blog
Vision for Canada Wharf Dock

Following its acquisition of the 4.5-acre Canada Water Dock site in London, Art-Invest Real Estate UK (AIRE) is progressing its strategic vision for the site’s development which could create around 1m sq ft of offices.

Art-Invest Real Estate UK’s Managing Partner, Ali Abbas, commented: “Canada Water Dock is a key strategic acquisition for us and further consolidates our long-term commitment to the UK and in particular, the London market.

“At Canada Water Dock, our vision is to build on the positive legacy of the site by creating a dynamic workplace environment which complements Southwark Council’s Canada Water Masterplan and also the neighbouring British Land scheme”.

AIRE has acquired Canada Water Dock from Notting Hill Genesis housing association and Sellar Property Group – which had originally planned a predominantly residential scheme for the site. Having retained Sellar Property Group as a co-development manager, AIRE is now planning a commercially-led scheme that aligns with Southwark Council’s masterplan for the location.

AIi Abbas commented: “Our business culture is underpinned on working in partnership to combine our capability and development expertise to create value for multiple stakeholders. Given its expertise, relationships with local stakeholders and long-term involvement with the site, we’re pleased to be collaborating with Sellar Property Group on this project and look forward to progressing a superb scheme together”.

More on this story at CNM