CBRE Borough Guide: Brent
The number of private renters in London has increased dramatically over the past decade and there are now around 1.8 million. Although they are dispersed around the capital, Brent is quickly becoming a borough of choice for London’s renters. Over a third of its households are privately rented, one of the highest proportions in London. It now accommodates the largest Build to Rent scheme in the UK, with Quintain delivering 5,000 rental units at Wembley Park.
Wembley Park covers a total area of 85 acres surrounding Wembley Stadium. When it is complete, which is estimated to be in 2024, it will have delivered 7,000 new homes, one million sq ft of Grade A office space, a new primary school and 42 acres of public realm including a new seven acre park.
Good to know:
- Wembley is one of the UK’s largest regeneration projects accommodating 11,500 new homes and 11,000 jobs.
- The borough also hosts part of the Park Royal opportunity area which will provide 15,000 new homes and create 10,000 jobs.
- Neasden Temple, the first and largest traditional Hindu Mandir outside India, is made of 2,000 tonnes of Italian marble and 3,000 tonnes of Bulgarian limestone which were carved by Indian craftsmen and shipped to London.