12 Aug 2011

Olympic Village investor announced

Olympic Village investor announced with plans for a new neighbourhood for London

£557m deal secures significant public sector returns and world-class legacy owner for Village

The Olympic Delivery Authority (ODA) today announced that contracts have been signed with the joint venture of Delancey and Qatari Diar for the purchase and long-term management of the Olympic Village. The joint venture will work alongside Triathlon Homes who will manage the affordable housing in the Village.

The Village, which lies adjacent to the Olympic Park, will create a new neighbourhood for east London, delivering the best of city living all in one place - high-quality new homes, education and healthcare facilities, new parklands, public squares and open space, with transport links making it one of the best connected parts of the capital.

For more information please download our Press Release below.