Property investment firm acquires 17,424 sq ft Stratford site for development

A property development and investment group has announced the acquisition of two sites in East London’s Stratford, totalling 17,424 sq ft.

The two new sites, acquired by Dominvs Group, are located at 302-312 Stratford High Street, opposite the Stratford High Street Docklands Light Railway station.

The deal follows a several hires in Dominvs’ senior management team in the last 12 months.

It is estimated that over 20,000 jobs could be created in Stratford by 2030 as a result of ongoing regeneration.

Jay Ahluwalia, senior director at Dominvs Group, said: “This is a very exciting investment for Dominvs as we grow our portfolio for future developments across asset classes.

“We are currently undergoing the necessary research to understand the needs of the local community and economy so we can make an informed decision of the end-use scheme which will contribute positively to the regeneration and growth of the dynamic, innovative Stratford area.

Jay concluded: “In the interim, and with the launch of our dedicated Social Value Unit in July, we are conscientiously embedding social value initiatives into each stage of the development lifecycle in partnership with Our Newham and other local community partners, all of which will be announced shortly.”

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