Royal Wharf – UK, London

Royal Wharf presents a fantastic opportunity in terms of a large scale master-planned development in central London, especially considering its ideal location on the River Thames.

This location is currently surrounded by some of the best public amenities in London, such as two huge public parks, the Docklands Light Railway (DLR), Jubilee line and London City Airport. When Crossrail, the new high frequency, high capacity railway for London and the South East arrives in 2018, the vicinity will experience another major transformation.

Royal Wharf consists of more than 4,000 residential units on the 40-acre Royal Docks site, along with a variety of outstanding commercial, retail, leisure and educational facilities creating an entirely new district for London. As a whole, it represents the largest mixed use site since Battersea Power Station and could become home to around 10,000 people, just three miles from Canary Wharf and serviced by the DLR.

Royal Wharf offers a blank canvas to create something very special for London. It has over 500m of river frontage with a Crossrail station 1km away.

The site of Royal Wharf has planning consent already in place for a 363,000 sqm development, with 3,385 homes, a new school, shops, offices and riverside restaurants, catering for a population that is estimated to reach 10,000 by completion.
Royal Wharf is the largest London development opportunity to come to market since Battersea Power Station (2012). Since the transformation of Canary Wharf into one of Europe’s most powerful business districts, London’s centre of gravity has been moving east, a shift recently consolidated with the success of the 2012 Olympics.

Royal Wharf has excellent transport links into the heart of London via the Docklands Light Railway, a new Crossrail station (opening in 2018), and international connections from London City Airport and boat links from a proposed brand new pier.
The scale of Royal Wharf offers the potential for its next owner to create a new ‘great estate’ for London. The current planning permission, which means the development is ‘ready-to-go’, includes a riverside walkway, new streets connecting parks and squares, as well as new apartment buildings with views of the River Thames, terraced mansion blocks offering generous family sized apartments and a range of townhouses, and private parking.

Singapore based developer Oxley Holdings now has the opportunity and responsibility to deliver this fantastic project, picking up the baton from Ballymore. Ballymore already gained planning permission for much of the site and it is understood that work will begin quickly.

Oxley is a lifestyle property developer specialising in quality residential, commercial and industrial projects, with various overseas projects in China, Malaysia and Cambodia.

Sean Mulryan of Ballymore said: “We have a shared vision with Oxley in terms of developing high quality, dynamic environments that create a built legacy.”

The Mayor of London Boris Johnson said: “My team and I met with Oxley Holdings on our trade mission to China last month and I am thrilled at this demonstration of their confidence in our great city. “This type of deal is exactly why I spent six days meeting businessmen and officials in China banging the drum for the capital, and it is further evidence of the appetite of developers from the far East to invest in London.”

Royal Wharf offers an outstanding riverside opportunity with which its buyer can capitalise on current and future demand. Its scale is unrivalled in London and offers the opportunity to define an entire new district.