JLL Residential agency opens new estate agency office in Nine Elms

  

JLL is pleased to announce its new estate agency office, opening at the Riverlight development in Nine Elms on Monday 17th August – its eighth residential agency office in London.

The office, which will offer both sales and lettings services, will be headed up by Helen Penfold, who has ten years estate agency experience. Daniel Turner, an agent with ten years experience in the Battersea market, will be joining to run the lettings side of the agency.

Lucy Morton, Director and head of agency at JLL, comments: "As a business, JLL has been advising on the land and sales of Battersea Power Station and the Nine Elms regeneration site for some 20 years, so it made perfect sense for us to open a new agency office in Nine Elms, which forms part of our plan to grow the residential estate agency business. A larger office will be opening in May next year, but we have opened a temporary office in the meantime due to the high demand for sales and lettings here."

Overall, it’s an exciting time for the area - the regeneration of Nine Elms is expected to generate 25,000 new permanent jobs, along with 18,000 new homes, creating a new residential neighbourhood the size of the West End. Wandsworth council are making sure local residents are the first to benefit, with 2,000 affordable homes being built across Nine Elms, which existing Wandsworth residents will get priority in applying for.

The area will see two new schools, health centres, linear parks and increased access to the riverside, and transport links will dramatically improve with the extension of the Northern Line for the two new Nine Elms and Battersea tube stations. Teamed with additional bus services, the Thames River Bus pier, and the new pedestrian and cycle bridge, the rest of London will become even more easily accessible.

There are a number of new residential developments, some of which have already started to complete, particularly Riverlight which has started its third phase of completion, with students and young professionals being the most popular tenant so far - 800 new homes will be completing within this development alone.

Embassy Gardens, the residential development built on the site adjacent to the US Embassy, is expected to see 550 new homes with Battersea Power Station bringing 1,330 new homes to the market.

For further information, please contact the Nine Elms office on +44 (0)20 3147 1333.

 

 

Will McKintosh
Joint Head of Residential, MENA
+971 4 426 6911
will.mckintosh@eu.jll.com

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