Arada to Acquire Majority Stake in £2.5bn Thameside West Development, Unlocking One of London’s Largest and Most Connected New Waterfront Neighbourhoods

LONDON--(BUSINESS WIRE)--Nov 17, 2025--

Arada, the UAE’s fastest-growing master developer, announces that it has agreed the acquisition of an 80% stake in Thameside West, a landmark waterfront mixed-use development located at the western end of London’s Royal Docks.

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Master-planned by Foster + Partners, the vibrant new urban destination will deliver at least 5,000 homes, with half of the site dedicated to green space and a kilometre of active waterfront. Boasting unrivalled transport links, the integration of air, road, rail, river and tunnel links makes this one of the most connected sites in London.

Spread over a 47-acre area – twice the size of the Hudson Yards mixed-use development in New York - Thameside West represents one of Europe’s largest and most strategically important regeneration opportunities, with a Gross Development Value (GDV) of £2.5 billion. It occupies central London’s longest stretch of undeveloped riverfront, with views across Canary Wharf and Greenwich Peninsula. Already awarded consent, Thameside West will see 1,000 homes delivered in the first stage of the project, with construction set to begin in 2027.

The acquisition from private developer Keystone represents Arada’s second large-scale investment in the London residential market in the space of less than two months, following its purchase of local developer Regal in September.

Arada will work alongside the London Borough of Newham, Greater London Authority and Transport for London to transform this former industrial site into a vibrant, new neighbourhood. GLA Land and Property Limited (“GLAP”), as the other major landowner, will work closely with Arada to unlock this significant project.

Thameside West is one of the most well-connected sites in London and benefits from the recently completed Silvertown Tunnel, Custom House station (Elizabeth, Jubilee and DLR lines), City Airport, and the IFS Cable Car. Arada aims to deliver a new DLR station, in partnership with Transport for London.

His Highness Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada, said: “Our entry into this market was grounded in our unwavering faith in London and its attractiveness as one of the world’s leading capital cities. At the time of the Regal acquisition, we articulated our ambition to scale our London residential pipeline to 30,000 units over the next three years, and we have swiftly delivered on growing that pipeline. Thameside West represents a unique opportunity to create a landmark riverside development, and we look forward to working with our partners and utilising our long-standing track record in large-scale, amenity rich residential schemes to unlock the delivery of new housing for London.”

Tom Copley, Deputy Mayor for Housing and Residential Development said: “I am delighted that Arada is investing in London to transform Thameside West – one of the key sites within the Royal Docks. This really is a fantastic example of how we can unlock London’s potential to deliver the homes our city so urgently needs.”

Giorgio L. Laurenti, Chairman of Keystone, said: “One of the most significant development opportunities in Greater London, Thameside West is a transformational destination designed to deliver thousands of new homes while generating substantial economic and social value for the wider community.”

*Source:AETOSWire

The Thameside West master plan, designed by Foster + Partners (Photo: AETOSWire)

HH Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada (centre) with members of the Arada and Keystone executive teams (Photo: AETOSWire)

NUUK, Greenland (AP) — Greenland is hosting meetings with American officials at the end of a year in which U.S. President Donald Trump ramped up talk of a U.S. takeover of the mineral-rich island, which is a semiautonomous territory of Denmark.

The meetings Monday and Tuesday include those of a “joint committee” between Greenland and American officials, and a “permanent committee” that involves the Danish government, Greenland's Ministry of Foreign Affairs and Science said. Similar meetings were held last year in the United States.

Vivian Motzfeldt, who heads the ministry, said in a statement before the meetings that Greenland was “pleased" to host the talks as a way to ensure that the interests of Greenlanders and Americans were respected.

In a brief statement to reporters before the meeting, according to a translation of a report by Greenlandic publication Sermistiaq, she said that she wanted to emphasize that it was up to Greenlanders to choose their own future.

Kenneth Howery, the U.S. ambassador in Copenhagen, said that the “joint committee” relationship dates back more than a generation — but the friendship is far older, according to an email of his comments from the embassy.

“The United States values our friendship with Greenland, which goes back more than 80 years,” said Howery, who was joined by Brendan Hanrahan, a senior U.S. State Department official. “We respect the people of Greenland’s right to determine their future."

The Danish Foreign Ministry and the Greenland Ministry of Foreign Affairs and Science didn't immediately respond to emails from The Associated Press seeking comment.

Trump stirred concerns earlier this year in Greenland, Denmark and the European Union, which counts Denmark among its 27 member countries, by reviving talk of a U.S. takeover of Greenland after returning to office for his second term.

The issue had drifted off headlines in recent months, but in August, Danish officials summoned the U.S. ambassador following a report that at least three people with connections to Trump had carried out covert influence operations in Greenland.

Earlier this year, U.S. Vice President JD Vance visited a remote U.S. military base on the island and accused Denmark of underinvesting there.

Trump has said that Greenland is crucial for U.S. security and hasn’t ruled out taking the island by military force, even though Denmark is a NATO ally of the U.S.

FILE - A plane carrying Donald Trump Jr. lands in Nuuk, Greenland, Tuesday, Jan. 7, 2025. (Emil Stach/Ritzau Scanpix via AP, file)