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Evening Standard
Evening Standard
Business
Jonathan Prynn

Huge new £2.5 billion neighbourhood for Docklands after Gulf backing secured

A vast Docklands housing development of more than 5,000 homes on the Thames opposite the O2 is to go ahead after being funded by a Middle East property company.

Dubai based Arada has paid £225 million to buy an 80% stake in the Thameside West waterfront scheme at the western end of the Royal Docks.

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