London Square acquires Wimbledon mixed-use development for resi conversion
London Square has acquired Wimbledon Bridge House from Federated Hermes, a mixed-use development which the group has earmarked for residential conversion.
The property – which is situated opposite Wimbledon Quarter Shopping Centre and Wimbledon train station – comprises 128,000 sq ft of offices, a multi-storey car park, and 38,000 sq ft of retail space.
The acquisition is London Square’s 15th since becoming part of Aldar in 2023 and its third major site purchase this year intended for residential development.
The group’s first ever development was in Wimbledon Village in 2012, and has since launched schemes in locations such as Putney, Teddington, and at the Star and Garter Building on Richmond Hill. Work at two sites, located at Twickenham Square and Twickenham Green, is currently under way.
London Square said it will now begin discussions with the London Borough of Merton on future plans for Wimbledon Bridge House, as it looks to contribute to enhancing the town centre for local residents, businesses, and visitors.
Adam Lawrence, chief executive officer of London Square, said: “London Square’s first development was in Wimbledon Village, and we are excited to be back in one of the most desirable suburbs in the capital. We look forward to working closely with the London Borough of Merton on making the most of Wimbledon Bridge House’s location in the heart of the town centre to bring benefits to the local community, businesses, and the local economy.”
The acquisition follows London Square’s purchases of Leegate Shopping Centre near Blackheath, South-east London, in March and Ransome’s Wharf in Battersea in January, adding to the 12 sites acquired by the group throughout 2024.
London Square said the 15 sites will deliver over three million sq ft of real estate across 10 London boroughs, with 10 sites already under construction, and that it will deliver more than 7,000 homes in London over the next five years.