The firm has bought Lewisham Retail Park to paving the way for a £400m development that will provide 1,000 new homes.
Over the last 18 months, Amro has acquired various adjoining land holdings from a number of private landowners, concluding with the acquisition of the Lewisham Retail Park site and remaining land holdings from Legal & General.
Forming one of the final major pieces of the 20-year Lewisham regeneration plan, Amro will now work closely with the London Borough to secure permission for an ESG-leading development.
The project is scheduled to launch with phased openings during 2028/29.
Amro Partners chairman and CEO, Raj Kotecha, said: “This acquisition is the culmination of two years’ hard work piecing together this incredibly complex site.
“We look forward to working with the council and the people of Lewisham to bring forward a landmark development that sets a new bar for placemaking, sustainability and brings long-term value to the local community.”
Amro Partners has over 2,500 residential homes currently under development across Greater London, including projects in Ealing, Kingston, Sutton and Croydon.
Guided by its NZC2025 pledge, it aims to create the most sustainable living portfolio in Europe, with every new project targeting a full suite of sector leading ESG credentials.
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