Sigma buys Barking Riverside site
Property regeneration specialist Sigma Capital has made its first investment in London by buying into the Barking Riverside development. Sigma said its new site, which has permission for 318 homes, will cost more than £50m to develop. The firm has bought the land from Bellway and the Greater London Authority. The overall 44-acre site will eventually have 10,800 homes and is part of the London Riverside development.