Elephant and Castle (London, UK)

A mixed-use centre located in the strategic transport hub just south of the River Thames. Acquired by KPI in 2002, this property includes a 21,800 m2 covered shopping mall on two levels and an 11 storey, 8,400 m2 office building.

Currently the retail and office units are let to a diverse range of tenants. Future plans include major redevelopment as part of the Elephant and Castle area’s £1.5 billion regeneration programme, in conjunction with the London Borough of Southwark. The aim is to create 60,400 m2 of retail and other commercial facilities, and up to 5,300 new homes in the area. This flagship development will create a sustainable community centred on a modern complex of high-quality buildings and other public facilities.

Key Property Investments (KPI) is the UK-based joint venture company owned equally by Salhia and St Modwen Properties PLC.