Property News · November 27, 2015

Wealthy buyer snaps up unfinished flat next to Buckingham Palace for £20m


Development for ‘those who desire the best’ on Palace Street in London due to be completed in 2018A mystery buyer has paid £20m to be the Queen’s next-door neighbour, snapping up a luxury flat overlooking Buckingham Palace. In a sign that the high-end London property market is as strong as ever, the buyer has forked out the cash before the developers have picked up a spade.Northacre, the firm behind the project, said it hopes to attract “those who desire the best and who want a home in the heart of London”. And it expects some of the larger flats in the development, called 1 Palace Street, to command even higher price tags. Continue reading…

Source : theguardian.com
Read more…Wealthy buyer snaps up unfinished flat next to Buckingham Palace for £20m

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