Ballymore and Penta join forces to deliver £300m+ GDV next phase of The Brentford Project

By
Simon Creasey

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Ballymore and Penta Real Estate have joined forces to deliver the £300m+ GDV second phase of Ballymore’s The Brentford Project in Hounslow.

The second phase of the regeneration project comprises 373 new homes with residents able to enjoy the swimming pool, gym, lounge and concierge service, delivered within the already completed first phase.

The joint venture partners have previously teamed up to deliver the Cuba Street residential tower on the Isle of Dogs and The Capston -the final phase of the Embassy Gardens development in Nine Elms.

Pavel Streblov, UK managing director and board member of Penta Real Estate said: “With phase two of The Brentford Project, we are adding another top quality residential development to our London portfolio. Within the first few months of our cooperation with Ballymore, we have already announced that we will jointly deliver more than 1,000 much-needed homes for London. 

“We have conviction in our timing, with 2026 set to see a transition from a buyer-favourable market towards a more stable, growth-oriented phase. Underlying fundamentals remain strong, driven by London’s timeless international appeal and limited supply.”

John Mulryan, chief executive officer of Ballymore (UK), added: “Adding a third project to our partnership with Penta reflects confidence in both the Brentford regeneration and the team delivering it. The first phase is complete and 98% sold – clear evidence that what we’re creating is resonating.

“Brentford is one of London’s great towns and we’re proud to continue its regeneration, delivering not just new homes but the shops, leisure and public spaces that strengthen the town centre. With BSR Gateway 2 approval secured, we’re focused on progressing the next phase and building on strong foundations.”

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