LONDON—Developer Sager and CainHoy have formed a joint venture to developIslington Square. Islington Square is a4.5 acre mixed-use regeneration and developmentscheme in the heart of Islington, London N1.
“Sager is delighted to have joined with Cain Hoy as its partnerto create this landmark destination. Sager acquired the originalsite more than a decade ago – we are delighted that our vision willnow become a reality and are pleased to be Cain Hoy's firstinvestment in London,” said Giris Rabinovitch, CEOof Sager.
The Islington Square site, fronting UpperStreet, is the former North London MailCentre that was established in 1904. Thedevelopment will create a 500,000 sq ft mixed-useshopping, leisure and residential district in London's N1.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
