GRE Assets ends 2020 with construction progress
International property developer GRE Assets, is closing the year positively as construction progresses on their projects in both the UK and Spain, with new residents set to move in early in the new year. The company is also looking ahead to an exciting new project being announced in Q1 2021.
The 70 apartments which make up the second phase at Riverside Park in Ashford will be completing this week, closely followed by the 12 townhouses from January 2021. Residents will be able to move into the new, contemporary homes as early as Q1 2021. Phase 3, which will encompass 110 apartments and six houses, will also commence in the first quarter of the new year, with the final phase to be delivered in Q4 2021.
Over in the Mediterranean, the first phase of Brises Diagonal Mar, GRE Assets’ latest development in Barcelona, is now complete, with its first residents excited to move into the apartments in Q1 2021. The second phase of 21 apartments will complete in the first quarter of the new year.
Part of the second phase of a £120 million regeneration scheme, Nene Wharf Apartments in Peterborough is also progressing well. The first block of riverside apartments will be completed in Q1 2021, followed by a second block in Q2.
Michael El-Kassir, Managing Director of GRE Assets commented: “With our industry facing a challenging year, it’s fantastic to end 2020 with progress at our Riverside Park and Brises Diagonal Mar projects.
“The likes of the current Help to Buy scheme and the stamp duty holiday has meant people are more eager than ever to move into their next home. People will be able to move into the new apartments at both developments from the first part of the new year and we are excited to welcome them. We’re proud of what we have built, considering the long term needs of future residents, who will be able to benefit from spacious balconies, Hyperoptic broadband and access to green space.
“The first phase of our Nene Wharf development in Peterborough is set for completion in Q1 2021, so we’ll definitely be starting the year as we mean to go on. We’ll also be announcing an exciting new project in the new year, which we can’t wait to share with people.”