Flats near Olympic Park change hands

 
Laura Chesters11 April 2012

Property firm Development Securities has splashed out £15.7 million on flats near the Olympic Park.

The listed developer has teamed up with Canadian property investor Realstar to buy the vacant block from Nama, Ireland’s “bad bank”.

The 112 flats in Wick Lane, Hackney Wick, will be put up for rent. Realstar has let more than 25,000 flats across Canada.

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