London Square and QuadReal partner on Woolwich Build-to-Rent development
Forward funding deal will bring 241 BtR homes to south-east London.
17 June 2026
London Square and QuadReal Property Group have agreed their first Build-to-Rent partnership, with QuadReal forward funding 241 rental homes at London Square’s mixed-use development in Woolwich.
The £120 million agreement will see the homes managed under QuadReal’s UNCLE rental platform, adding a Build-to-Rent element to a wider 700-home scheme that is set to transform a prominent site close to Woolwich town centre.
The development, which has secured planning permission and Gateway 2 approval, will deliver a mix of market sale, affordable and rental homes across a 4.49-acre site. A total of 337 homes, representing 48% of the scheme, will be affordable housing managed by The Hyde Group.
Alongside new homes, the project includes retail and workspace provision together with significant public realm improvements designed to strengthen links with Woolwich High Street and the surrounding town centre.
Construction is due to begin this year, with completion expected in 2029.
The development has been designed with a strong sustainability focus, incorporating central air source heat pumps, enhanced building fabric performance and energy-efficient glazing. According to the project team, the scheme is expected to achieve a 76% reduction in regulated carbon emissions across the masterplan.
Located close to both Woolwich station on the Elizabeth Line and Royal Arsenal DLR station, the site benefits from strong transport connectivity into central London and the wider South East.
For London Square, the agreement highlights continued institutional appetite for Build-to-Rent investment in well-connected urban locations, despite ongoing challenges across the wider residential development market.
Adam Lawrence, chief executive of London Square, said the partnership would introduce a much-needed rental offering within a location benefiting from strong transport links, amenities and green space.
Kristian Branum-Burns, managing director at QuadReal, said the investment aligned with the company’s strategy of delivering high-quality, sustainable homes in major urban centres.
The Woolwich development will further expand QuadReal’s UK residential platform, which now comprises more than 11,000 Build-to-Rent and student accommodation units across the country.
The deal also reflects the continued evolution of mixed-tenure development models, with Build-to-Rent increasingly being incorporated alongside affordable and for-sale housing to support delivery and attract long-term institutional investment.
