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Major Swindon land transaction

Development project for 2,500 new homes.
By Sarah Pearce,
The 365-acre site at Lotmead Farm in Swindon acquired in a joint venture partnership of Countryside and Sovereign Housing Association.

What is expected to be the UK’s largest residential land sale transaction this year has been completed on behalf of the landowner by Avison Young. The 365-acre site at Lotmead Farm in Swindon was offered for sale by Ainscough Strategic Land, and has now been acquired in a joint venture partnership of Countryside and Sovereign Housing Association.

Outline planning permission for the delivery of an up to 2,500-home scheme across distinctive character areas creating individually designed neighbourhoods has already been secured for the joint venture partnership.

Read more here.