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Avanton acquires £45 million British Land site

The site is located on Manor Road in Richmond and currently comprises a low-rise retail store occupied by Homebase, Pets at Home and Pets4Vets. Avanton, in a joint venture with ICG-Longbow, proposes to transform the site into a mixed-use, residentially-led development. 
 
Omer Weinberger, Managing Partner, Avanton, said: “Richmond is a fantastic borough in which to grow our portfolio. Avanton is a company that listens to market demand, and with this latest addition we will be continuing with our commitment to delivering a high-quality mix of private and affordable homes to meet London’s needs.”

Adam Hayner, Managing Director, ICG-Longbow, said: “We are pleased to continue to grow our existing relationship with Avanton. Richmond will be an exciting project with the potential to develop skilfully designed housing in a borough with a strong domestic demand base.” 

Andrew White, Director, Residential, Colliers International, said: “This is another important strategic purchase by Avanton in one of South West London’s most popular locations.

“The site is currently underutilised, however Avanton’s proposals will not only bring a much needed depth to the fabric of the area, but will also greatly enhance the current residential offering.”

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Andrew White

Head of UK Residential & International Properties Asia

Residential - Development

London - West End

Andrew heads up the UK Residential & International Properties (Asia) Department at Colliers and is a specialist advisor in residential and mixed use developments.  He has been involved in some of the largest and most complex sites within the U.K.

The Residential Department at Colliers comprises a market leading  team of  surveyors and advisers who focus on London, The South East and the Regions, advising  clients on their options for maximising value for their assets, including planning, development consultancy, Build To Rent, investment and disposal strategy and New Homes & Project marketing, both in the UK and Internationally.

Andrew has worked in the sector since 1994  having started his career with a large multinational real estate agency, then running his own land agency for 8 years before joining Colliers in 2013. He has advised government bodies such as the NHS, as well as family businesses, funds, charities, developers and companies on their strategy for disposal of their land holdings and property assets.

Clients include, Legal & General, the NHS, Royal London Asset Management, The Diocese of London, London Square, Telereal Trilium, Threadneedle, Aberdeen Standard, Greggs, Rexel and PSA Group as well as other large corporate landowners.

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