Industry News

Property firm wins contract on £600m London scheme

Mainstay has been appointed to manage the first two phases of Hallsville Quarter, Canning Town.

Part of the £3.7bn Canning Town and Custom House Regeneration Programme, Hallsville Quarter will include a new town centre, public realm, co-working space and mixed-tenure housing.

The first phase completed in 2015; phase two in 2018 and a planning application was granted in June 2018 for phase three, with a start on site scheduled for 2019.

With the two initial phases comprising more than 550 homes, the appointment means that Mainstay now manages in excess of 40,000 residential properties.

Charles Lucas, technical director at Mainstay, said: “We are delighted to be appointed to manage this landmark scheme for East London.

“Mainstay Group has seen continued growth in recent years, and this latest win – after a vigorous tender process – is testament to our reputation as a quality and trustworthy managing agent.

“We look forward to working closely with Linkcity to bring this exciting project to life.”

Linkcity was selected as developer by the London Borough of Newham (LBN) to deliver the £600m scheme.

Simon Rosenberg, development director at Linkcity, added: “When the Hallsville Management Company board undertook the selection process, we were keen to choose a partner who we felt would share our values in terms of quality and attention to detail.

“As a company with two decades’ worth of experience and a proven track record in delivering excellence, Mainstay felt like the natural choice.”

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