5 June, 2019
DTZ Investors secures approval for redevelopment of Southernwood Retail Park

DTZ Investors, acting on behalf of The Strathclyde Pension Fund, has secured unanimous approval at Southwark Planning Committee for the redevelopment of the Southernwood Retail Park on the Old Kent Road.
Currently housing 4 retail tenants, Argos, Sports Direct, DFS & Carpetright, the 2.5 acre scheme will be developed over two phases around the construction of the Bakerloo Line Extension.
Once Southernwood is redeveloped it will comprise 724 homes (35% affordable) in buildings from 9 to 48 storeys in height, 195 bed hotel, Cinema and retail uses set around a public plaza . Once complete Southernwood will be one of the tallest residential towers in London.
The Old Kent Road is a designated regeneration area designed to benefit from the extension of the Bakerloo Line Extension.
Christian Birrell from DTZi said “The regeneration of Southerwood Retail Park will kick start the regeneration of the northern section of the Old Kent Road, providing much needed homes for Londoners and vibrant new facilities for existing local residents. The scheme will be a marker for the proposed BLE station adjacent to the site. We are really excited about the benefits this scheme can bring to the Old Kent Road”
Latest News
15 November, 2023
UK
DTZ Investors Complete a Comprehensive Sustainable Refurbishment of 15a Deans Road, Canon Industrial Park
19 October, 2023
UK
The Kent Pension Fund property portfolio, managed by DTZ Investors, wins UK and European MSCI long term performance awards for second year in a row
9 October, 2023
UK
Lakeside Village Outlet Centre Wins Sustainability Award
29 September, 2023
UK
DTZ Investors Acquires Bericote and JP Morgan’s Coventry Logistics Park for £140.415m