Amro Partners and joint venture partner NTT UD Europe are looking to sell the £85m GDV The Rex co-living scheme in Kingston.
Practical completion of the 212-unit part-retrofit development, which is located directly opposite Kingston train station, is due this autumn.
The on-site amenity provision will include co-working areas, a residents’ lounge, private dining room, fully equipped gym, yoga studio, cinema room and roof terraces offering panoramic views of London.
The co-living scheme is set to achieve BREEAM Outstanding, Fitwel 3* and WiredScore Platinum and is set to meet 2030 LETI targets for whole-life embodied carbon.
The 1960s-built office building was converted into student accommodation in 2012 and with the existing substructure and superstructure retained, it is now set to begin its third iteration as a co-living community.
Tom Donnachie, MD, UK investment at Amro Partners, said: “In today’s heavily constrained market, we are proud to bring forward this exceptional co-living project, which achieves the highest possible standards of sustainability and fire safety. Appetite for fully future-proofed green living assets is strong and, along with our partners NTTUDE, we look forward to engaging with the investment market in due course as we approach practical completion.”
