Property News · October 31, 2018

Brutalist market: flats at London's Centre Point taken off market


Half of tower’s 82 luxury flats remain unsold as Brexit jitters and tax rises bring ‘silly offers’The property developer behind the conversion of central London’s Centre Point office skyscraper into multimillion-pound luxury apartments has given up trying to sell the flats after receiving too many “detached from reality” lowball offers.Mike Hussey, chief executive of the developer Almacantar, said the company had decided to halt formal sales of the flats in the 1960s brutalist tower, now called Centre Point Residences, rather than slash prices. Continue reading…

Source : theguardian.com
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