Dubai developer acquires £2.5bn Royal Docks site

Dubai based developer Arada has acquired an 80% stake in the planned £2.5bn Thameside West scheme in London’s Royal Docks.
The Foster + Partners designed project will deliver at least 5,000 homes, with half of the 47-acre site dedicated to green space and a kilometre of active waterfront.
It occupies central London’s longest stretch of undeveloped riverfront, with views across Canary Wharf and Greenwich Peninsula.Already awarded consent, Thameside West will see 1,000 homes deli