Get Living London launched in 2013 and now offers more than 3,400 people a home. Here are some of our highlights from the past few years…
Get Living London was born out of the joint partnership between Qatari Diar, wholly owned by the Qatar Investment Authority, and clients of Delancey, a London-based, UK-focussed property investment, development and asset management advisory firm.
Before the 2012 London Olympics, the Olympic Development Authority (ODA) tendered the sale of East Village and in 2011 the partnership, known as QDD, was the successful party in the competitive tender process.
QDD committed to rent the 1,439 private homes, rather than offer them for private sale and Get Living London was born, to challenge the way renting was experienced in the UK and introduce a better way of renting. From there, Get Living London announced its new model for renting in London and its first location at East Village, offering more than 1,400 homes for rent with a further 2,000 homes planned.
During the summer of 2012, East Village housed 17,000 athletes and officials. Then, at the close of the Paralympics, it underwent a year of retrofitting to convert the dormitory style athlete accommodation into brand new homes. It was always the plan to turn the former Athletes’ Village into a new neighbourhood for London, and our first residents moved into East Village in November 2013.
Now it’s home to more than 6,000 people across 67 acres: a community of mixed tenures with homes available for private rent through Get Living London and for intermediate rent, social rent and shared ownership through Triathlon Homes.
Along with residents, a fantastic range of independent retailers have also moved in. The first of 31 retailers set up shop in the Autumn of 2014, and just over a year later, in September 2015, East Village celebrated the arrival of its 1,000th resident. Find out more about the East Village retailers here.
Get Living has continued to grow, and so has our investor support. In May 2016 the QDD joint venture was joined by Dutch pension fund asset manager, APG, and in July 2018, Oxford Properties partnered with Delancey's DV4 fund to create Delancey Oxford Residential ("DOOR"), a new co-investment platform. DOOR will take approximately 39% ownership of the current Get Living portfolio. APG and Qatari Diar will hold 39% and 22%, respectively.
Since the launch of East Village in 2013, we now have 6,000 homes within our portfolio. Our second location opened in Elephant and Castle in late 2017, with new neighbourhoods in development in Leeds and Glasgow. As we look ahead to the future we are committed to bringing 12, 500 great homes in vibrant, safe and well-connected neighbourhoods to locations across the UK.