London residential developer Strawberry Star’s acquisition of a 6.9 acre development site in Luton

Fladgate LLP has advised London residential developer Strawberry Star on the acquisition of a 6.9 acre development site in Luton.

The site has the benefit of planning permission for a mixed-use scheme, including 685 new homes together with a 200-bedroom hotel, retail and leisure facilities, a medical and wellness centre and public realm improvements.

The scheme forms part of a wider development site close to Luton Airport and has a gross development value of £260m.

The transaction was led by real estate partner Nick Mumby (picture), assisted by real estate senior associate Rebecca Tavares, planning associate Miles Crawford and construction associate Sasha Pirbhai.

 

Involved fees earner: Nick Mumby – Fladgate LLP; Rebecca Tavares – Fladgate LLP; Sasha Pirbhai – Fladgate LLP; Miles Crawford – Fladgate LLP;

Law Firms: Fladgate LLP;

Clients: Strawberry Star;

 

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