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Kier lands £50m Greenwich Peninsula residential tower

Kier has been appointed to design and build a £50m residential scheme at the Greenwich Peninsula regeneration site in London.

The contractor will design and build 224 luxury apartments arranged in four blocks, anchored by a 24-storey tower.

It is one of the first schemes to be built at Greenwich Peninsula, where Hong Kong developer Knight Dragon will deliver more than 10,000 new homes for up to 23,000 people by 2039.

Overall, the development will include 160 acres of residential, business and leisure space next to the River Thames.

Quintain sold its 40 per cent interest in Greenwich Peninsula to its then-joint venture partner Knight Dragon for £230m in November 2013.

Kier chief executive Haydn Mursell said Greenwich Peninsula “will be a critical regeneration project for London, providing much needed housing, alongside leisure, retail and commercial space, to create a vibrant new district for the city”.

He added: “This particular scheme is also a testament to our high-rise development skills, which we believe will prove important in the London market as we witness a high increase in demand for high-rise schemes.”

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