Japanese house builder enters London market

Lendlease and Leading Japanese developer Daiwa House has partnered with Lendlease to build 259 homes at the Elephant and Castle regeneration site in London.
Its joint venture with Lendlease is the first time that Daiwa House has been involved in the development and sale of new homes in the United Kingdom.
Lendlease will develop and construct the new homes, which have an end value of £250m and retain a 25 per cent interest in the project, which will be the final stage of residential develop