Arab Today, arab today qatarlinked luxury apartment sells for 95m
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Qatar-linked luxury apartment sells for $95m

Arab Today, arab today

Arab Today, arab today Qatar-linked luxury apartment sells for $95m

Doha - Arabstoday

The world\'s most expensive real estate development - part owned by Qatar\'s Prime Minister - has just sold the last of the 11 five bedroom apartments for £60m ($95.4m). At almost 9,000 sq ft, the five bedroom apartments are the biggest units at One Hyde Park in London after the penthouses, real estate advisor Savills said in a statement. The exclusive project, owned by Project Grande (Guernsey) Limited - a joint venture consortium which includes Waterknights (owned by Qatar Prime Minister Sheikh Hamad bin Jassim bin Jabr Al-Thani) has so far generated more than £1.5bn worth of sales, Savills added. It said the final retail unit at One Hyde Park, which is let to Abu Dhabi Islamic Bank, is to be offered for sale. Offers are invited for the virtual freehold in the luxury retail store for in excess of £21m. The property is let for a further 14 years at a rent of £800,000 per annum. Savills said it has sold the adjacent stores let to Rolex and McLaren. Paul Cockburn, director of Savills Central London team, said: \"We are expecting strong interest in this asset given the excellent covenant, long occupational lease and reviews geared to indexation. These are the exact characteristics investors are looking for now in uncertain economic times.\" The developer has already achieved over £100m of sales at One Hyde Park in 2012, £60m of which has already completed, Savills said. Edward Lewis, director of residential development sales for Savills, added: \"Over £1.5bn of sales have completed already at One Hyde Park making it the most successful residential scheme in London and probably the world.\" One Hyde Park is a development of 86 super prime residential apartments and three retail units in Knightsbridge, London.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatarlinked luxury apartment sells for 95m Arab Today, arab today qatarlinked luxury apartment sells for 95m

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatarlinked luxury apartment sells for 95m Arab Today, arab today qatarlinked luxury apartment sells for 95m

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday