McLaren launches property arm

Contractor McLaren construction has launched a London-based property division designed to target the retail, student accommodation, hotel, mixed-use, leisure and London residential markets.

It has taken on the former head of retail parks at blue chip developer Capital and Regional, John Gatley, to run the business, based in Pimlico and the West end.

McLaren will look to take on joint ventures with other developers to build out schemes, and the firm claims to have already invested in schemes worth £200m …

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