Shortlist of potential investors in the Olympic Village announced

20th Dec 2010
Shortlist of potential investors in the Olympic Village announced

The shortlist of companies who will be invited to submit financial proposals for the purchase and long-term management of the London 2012 Olympic Village has been announced.

After the Games the Village will provide 2,818 new homes for east London.

Triathlon Homes have already purchased 1,379 of the new homes, which will become affordable housing.

The Olympic Delivery Authority (ODA) owns the remaining 1,439 homes, which will become private housing after 2012, together with six future development plots on the Village site, with the potential for further new homes.

ODA chief executive, David Higgins, said: “The quality of the shortlist is a vote of confidence in the quality of the Olympic Village.

“Securing a shortlist with many of the leading property investors and managers both in the UK and around the world takes us an important step towards ensuring the Village becomes one of the strongest legacies from the Games.”

The ODA is looking to secure best value, together with a long-term commitment from an investor with the experience and expertise needed to realise the full potential of the new homes being built and the future development opportunities across the Village site.

Consortia invited to submit detailed proposals for the Village include: Delancey & Qatari Diar; Dorrington & Pinnacle Capital; Galliard Homes; Grainger plc & Moorfield Group; Hutchison Whampoa Limited; Le Frak Organization, Aviva plc & J.P. Morgan; London & Stamford Property plc, David Wilson & Sir Robert McAlpine; Wellcome Trust; and The William Pears Group & Urban Splash.

The Village will provide 2,818 new homes for east London

World Mobi

Also in the Europe today, World Mobi launched its new city guide to London. 

World Mobi offers the most comprehensive mobile travel guides available, with over 800 cities in 200 countries listed. Each is developed by the World Mobi team to combine into a single global travel directory.

However, each city retains its own mobile identity via a dedicated domain. Already on offer are Brussels.Mobi, Abu Dhabi.Mobi, Sanfrancisco.Mobi and Sydney.Mobi.

London.Mobi is the latest in this illustrious line up, offering click to call functionality – which means no scribbling down telephone numbers.

Most entries are also linked to websites where users can quickly access more detailed information if needed.

Other key features include information on accommodation, restaurants, attractions, entertainment, nightlife, shopping, and transport.

World.Mobi guides include user reviews and traveller utilities such as a translation guide, currency converter, news and local weather guide.



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Related Event

London 2012 Olympics London 2012 Olympics
Event starts: Friday, 27th July 2012

The 2012 Summer Olympic Games kicked off in London, United Kingdom on 27 July and close on 12 August 2012. London became the first city to officially host the modern Olympic Games three times, having previously done so in 1908 and in 1948.

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