TfL shortlists for PRS sites

Transport for London has shortlisted three firms to become the investment partner for its plan to develop build-to-rent housing on some of the sites that it owns.

The companies shortlisted are Argent Related, Grainger and Greystar.

The winner will become TfL’s investment partner on up to 10 sites across London, which will deliver a total of 3,000 units. Forty per cent of the homes will be affordable.

Sites in the venture include Southall Sidings in Ealing (400 homes), and Hounslow West tube station (350 homes)