London Square Unlocks Lillie Square West London 2026

Key Points

• London Square has completed the acquisition of Lillie Square, a large residential development in West London near Earls Court, from Shaftesbury Capital
• This transaction represents Shaftesbury Capital’s divestment of the final slice of the giant Earls Court project
• Lillie Square is part of the wider Earls Court regeneration masterplan in West London
• The development postcode is SW6 1UE, located in the Earls Court area
• Lillie Square features contemporary exteriors overlooking two new landscaped gardens
• The scheme houses one, two, and presumably three-bedroom apartments as part of a striking new property development
• London Square is widely known for its Nine Elms development near Battersea Power Station
• London Square was established in 2010 and was acquired by Abu Dhabi’s Aldar Properties in December 2023 for $291 million
• Aldar intends to leverage its expertise and balance sheet to support London Square’s land acquisition strategy for larger prime central London sites

West London (West London News) June 22, 2026 – London Square has completed the acquisition of Lillie Square, a large residential development in West London close to the Earls Court development, from Shaftesbury Capital, marking the unlocking of the final phases of the wider West London scheme. This transaction represents Shaftesbury Capital’s complete divestment of the final slice of the giant Earls Court project, bringing London Square’s control over the entire development to completion.

How Does This Acquisition Fit Into London Square’s Development Strategy?

As reported by the team at coStar, London Square’s acquisition of Lillie Square aligns with the company’s broader strategy to develop larger and prime central London sites.

The developer, established in 2010, is widely known for its Nine Elms development located in proximity to the Battersea Power Station.

The acquisition comes three years after Abu Dhabi’s Aldar Properties bought London Square for an enterprise value of 1.07 billion dirhams ($291 million) in December 2023, marking Aldar’s first acquisition outside the Middle East.

In a joint announcement at the time of that purchase, Aldar stated it intends to leverage its expertise and balance sheet to support London Square’s land acquisition strategy to enable it to develop larger and prime central London sites.

What Is the Background of Lillie Square and the Earls Court Development?

Lillie Square is a landmark residential development in West London, forming part of the wider Earls Court regeneration masterplan. The development’s postcode is SW6 1UE, situated in the Earls Court area of West London.

The scheme features a striking new property development with contemporary exteriors that overlook two brand new landscaped gardens.

Lillie Square houses a collection of one, two, and presumably three-bedroom apartments, representing a contemporary residential scheme.

The history of Lillie Square includes earlier sales activity. As reported by Sharecast in February 2018, Capital & Counties and its joint-venture partner exchanged contracts to sell all apartments and parking spaces at their 9 Lillie Square block in London’s Earls Court for £66m. Capital & Counties owned half the development with its partner, Hong Kong’s KFI, owning the other half.

That deal included an unidentified international investor purchasing 49 apartments and 31 parking spaces at the site. Capital & Counties stated the price was in line with sales to date for the second phase of its Lillie Square development and slightly higher than the price for comparable flats in phase one. Of 186 units in Lillie Square phase two, 142 had been reserved or exchanged at that time.

Why Is This Transaction Significant for West London’s Regeneration?

The acquisition unlocks the final phases of the West London scheme, completing London Square’s control over the entire Lillie Square development within the Earls Court masterplan.

This represents a significant milestone in the wider Earls Court regeneration project, one of West London’s major redevelopment areas.

The completion of Shaftesbury Capital’s divestment means the developer has now fully exited the giant project, transferring complete control to London Square.

This transition enables London Square to proceed with any remaining development phases or management of the residential scheme under unified ownership.

What Does This Mean for the Residential Property Market in Earls Court?

Lillie Square represents a contemporary residential addition to the Earls Court area, with its modern exteriors and landscaped gardens offering a distinct property proposition.

The development’s completion under London Square’s ownership may influence future property marketing and management strategies in the area.

The earlier sales data from 2018 indicates strong market interest in Lillie Square, with 142 of 186 units in phase two already reserved or exchanged at that time.

The pricing being “slightly higher than comparable flats in phase one” suggested positive market sentiment for the development.

Background of the Earls Court Regeneration and Lillie Square Development

The Earls Court regeneration represents one of West London’s significant masterplan development projects, with Lillie Square forming a landmark residential component within this wider scheme. The development has undergone multiple ownership transitions since its initial phases.

Capital & Counties emerged as a key original developer, owning half the Lillie Square development alongside Hong Kong’s KFI as joint-venture partner.

The developer’s 2018 sale of all units at 9 Lillie Square block for £66m demonstrated the project’s commercial viability.

Shaftesbury Capital subsequently held the final slice of the giant project before divesting completely to London Square in June 2026. This complete exit by Shaftesbury Capital marks the end of their involvement in the Earls Court project.

London Square’s acquisition continues the ownership evolution of this West London development, with the company now controlling the entire Lillie Square scheme as part of its broader West London strategy.

The developer’s backing by Aldar Properties since December 2023 provides financial stability for ongoing development activities.

The development’s location at SW6 1UE places it within the established Earls Court area, benefiting from the wider regeneration momentum in this West London neighbourhood.

Prediction: How This Development Can affect West London Residents and Property Buyers

This development completion will affect West London residents and property buyers in several measurable ways.

The unified ownership under London Square may streamline property management and maintenance services for existing Lillie Square residents, potentially improving service consistency across the entire development.

For property buyers considering Earls Court, London Square’s complete control of Lillie Square could influence future pricing strategies and marketing approaches.

The developer’s reputation from its Nine Elms development near Battersea Power Station may add credibility to the Lillie Square proposition.

The unlocking of final phases may accelerate any remaining development activities within the Earls Court masterplan, potentially bringing additional infrastructure improvements or amenities to the neighbourhood that would benefit current residents.

Aldar Properties’ financial backing, with its $291 million acquisition of London Square, suggests continued investment capacity for the development.

This financial stability could translate into sustained development momentum and potential value retention for property owners in the area.