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17 November 2025

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Addleshaw Goddard advises Arada UK Holdings on landmark Thameside West stake acquisition in £2.5bn regeneration scheme

Addleshaw Goddard has advised Arada UK Holdings Limited on acquiring a significant stake in London developer Keystone Silvertown Limited, the company behind one of the capital’s most ambitious regeneration projects: Thameside West.

With an estimated gross development value of £2.5 billion, this transaction marks a pivotal milestone for the 47-acre Thameside West site, which boasts one of London’s largest undeveloped riverfronts, directly opposite the O2 Arena. The scheme is set to transform the Royal Docks into a vibrant new district, delivering thousands of homes and vital infrastructure.

When you have to do your site visit by cable car you know you are working on an iconic site. Deals like this do not come along every day and our Living Sector team have lived, breathed and dare I say dreamt about this site for a few months now. We can't wait to see the impact of Arada's investment on the site and indeed the market. London needs an announcement like this – it shows our city is still a destination for international investment and it's a welcome boost to the housing pipeline with a planned 5000 homes.

Catherine Williams

Real Estate Partner and Head of Living at Addleshaw Goddard

The Addleshaw Goddard team advising on the transaction was led by Real Estate Partner Catherine Williams and Corporate Partner Liam Diggins supported by specialists from across the firm’s Real Estate, Construction, Planning, and Corporate practices. Key team members included Sarah Atkinson, Anita Shanghavi, Gideon Ziff, Karis Nisbett Hadaway, Marnix Elsenaar, Tatiana Volodina, David Kianizadeh, Sam Cary, Katie Milner, Jon Poole, Conor Ruane, Mae Mae Box, Sarah McGann and Kyle Rainsford.

About Thameside West

Thameside West is poised to play a crucial role in addressing London’s housing shortage and driving economic growth. The development will deliver 5,000 new homes, including approximately 1,000 at London Affordable Rent and 700 shared ownership properties, alongside new infrastructure and public amenities that will revitalise the Royal Docks for future generations.

Addleshaw Goddard continues to advise on some of the UK’s most significant real estate transactions, reinforcing its position as a leading law firm in large-scale regeneration and development projects.