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Trowers advises social landlord on selection of JV partner for major Tower Hamlets regeneration

Law firm Trowers & Hamlins has advised Poplar HARCA on the selection and the appointment of Hill as joint venture partner on the delivery of the Teviot Estate regeneration in Tower Hamlets.

The scheme could include more than 2,500 new homes, new green and play spaces, shops, community and faith facilities, and improved infrastructure.

Steve Stride, Chief Executive, Poplar HARCA said: “Hill demonstrated a complete alignment with the community and our vision for the Teviot regeneration to be a 'best in class' exemplar for urban regeneration, putting residents and stakeholders at its heart.

Trowers partner Amy Shaw, who led on the deal, added: "We are delighted to have worked with Poplar HARCA over the last 18 months to support them in their search for a JV Partner for Teviot. Trowers has worked with Poplar HARCA from early in the procurement process, advising on process, JV Structure and all corporate, property and construction aspects.

“We are working with the parties to help bring the scheme forward, delivering homes and improving the lives of residents at the Estate, particularly through Poplar HARCA's strong commitment to social value, and look forward to seeing the plans that Poplar HARCA, and their selected partner, Hill, bring forward."

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