Yardhouse

CDL’s Strategic Entry Into Central London PRS Market

City Developments Limited (CDL) has taken an ambitious step in the London residential real estate market with the procurement of Yardhouse—its pioneering project in Central London’s Private Rented Sector—via a forward-funding agreement valued at £88.0 million.

Situated on a long lease of 250 years, the land will see the development of an intricate 17-storey establishment consisting of 209 compact studio apartments aggregating to approximately 102,600 square feet of total floor space. Strategically located on Wood Lane in White City, the development boasts prime positioning opposite the expansive 23-acre Imperial College campus and within easy walking distance of Westfield London, White City, and Wood Lane.

Investment Model and Community Integration

CDL’s forward-funding model ensures financial visibility and construction accountability. The firm will oversee performance by financing the land acquisition and development in staged payments while an external developer executes the build for a fixed cost.

This initiative not only expands CDL’s portfolio but also delivers tangible societal benefits. The addition of affordable housing and community space strengthens the social infrastructure within a district undergoing transformative growth. The surrounding environment—including Westfield London and White City’s creative cluster—is ideally suited to a co-living format, blending convenience, connectivity, and cultural diversity.