The former chief executives of housebuilders Redrow and Centex UK have teamed up with Steve Norris, twice London mayoral candidate, to take advantage of lower property prices by buying discounted flats in the capital.
The plan, according to the FT, is to float, later in the year, under the name London Residential Opportunities. They're looking at 330 properties across 15 sites.
Technorati Tags: London, property, real estate
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