The RO Group has completed the acquisition of c. 4-ha Home Farm adjacent to the A420in Swindon. The group aims to develop a new mixed-use scheme.
Nick Cashmore, investment director, the RO, said: "We are delighted to have invested in Swindon, and we look forward to developing this site into a thriving mixed-use scheme. We have diligently searched for sites in the South of England and are pleased to have now identified the perfect location for our next major development. The site is excellently placed on the A420 Swindon to Oxford road making it an ideal location for a variety of potential uses. The area is already a hive of activity. Neighbouring occupiers include major retailers such as Sainsbury’s and Dunelm as well as the regional distribution hubs for Amazon and Iceland. We continue to seek new land opportunities similar to Home Farm with a focus on development sites with prominence and roadside visibility throughout the Midlands and South of England."
Home Farm forms part of the greater New Eastern Villages development plan consisting of around 8,000 homes, new schools and community facilities. The New Eastern Villages is set to be one of the largest greenfield developments in the UK.
RO Group was advised by Loveday, Savills and Osborne Clarke on this transaction.
Image credit - RO Group.
