Prudential helping Grenfell Tower residents rehouse

Developer to work around the clock to expedite relocation

Prudential helping Grenfell Tower residents rehouse

Insurance News

By Terry Gangcuangco

Grenfell Tower fire survivors will be rehoused locally hopefully before August.

A total of 68 fully furnished houses will be provided by St Edward – a joint venture between property developer Berkeley Group and British insurer Prudential – as part of the rehousing efforts for the displaced residents.

The homes purchased by the government for an undisclosed amount are currently being constructed, with Berkeley promising a target completion date of end-July. According to a Building report, St Edward has committed extra staff and relaxed working hour restrictions to ensure around-the-clock construction.  

“Our priority is to get everyone who has lost their home permanently rehoused locally as soon as possible, so that they can begin to rebuild their lives,” said Sajid Javid of the Department for Communities and Local Government.

A report by The Guardian said the apartments in the Kensington Row complex are located about 1.5 miles south of Grenfell Tower. It added that the units are part of the affordable quota being built within the luxury complex.

Berkeley Group chairman Tony Pidgley said they will work night and day to get the homes ready.


Related stories:
Insurance industry advisors had warned about Grenfell cladding guideline inadequacies
Grenfell Tower insurance bill could be Europe’s biggest ever - reports
 

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