Press Releases
International investors interested in Ealing (PR 1191)
There’s good news for Ealing’s regeneration programme after officers from Ealing Council attracted the attentions of international investors and developers at a property exhibition in France.
A small regeneration team attended the MIPIM Conference in Cannes last week to drum up interest in the borough and managed to secure meetings with many major businesses.
In particular officers identified a number of firms interested in bidding to redevelop the Council’s housing estates at Green Man Lane and South Acton, as well as companies potentially interested in investing in the borough’s shopping centres.
Officers have already set up a series of follow-up briefings in Ealing to show potential investors around the borough and tell them about all the exciting opportunities on offer.
Executive Director of Regeneration and Housing, Pat Hayes, said: "We were really pleased with the amount of interest we managed to attract from some key players. With such a fantastic location, only minutes from both the centre of London and Heathrow, as well as great rail links, the borough has a huge amount to offer developers. Ealing is up against many other great locations across the capital and the south east, so it’s really important that we actually make investors aware that we are keen to work with them and spell out the opportunities on offer.
"We spoke to a number of companies which are interested in bidding for work to regenerate housing estates in the borough and we think that could really pay off. By attracting more companies to take part in the process we’re hopeful we should secure some really competitive and good quality bids."
Two members of the four person contingent from Ealing also took the opportunity to do their bit for charity and the environment. Executive Director of Regeneration and Housing, Pat Hayes and West London Film Office Manager, Mike Liddall, cycled the 1,600 kilometres to Cannes alongside 120 other people from the development industry and local authorities. Together they helped to raise more than £300,000 for charities including Land Aid , Architects for Aid and the Duke of Edinburgh’s Trust.