{"id":35168,"date":"2016-11-21T19:26:28","date_gmt":"2016-11-21T12:26:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=35168"},"modified":"2016-11-21T16:44:34","modified_gmt":"2016-11-21T09:44:34","slug":"titanic-owners-london-hq-now-a-port-of-call-for-wealthy-property-hunters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/titanic-owners-london-hq-now-a-port-of-call-for-wealthy-property-hunters\/","title":{"rendered":"Titanic owner's London HQ now a port of call for wealthy property hunters"},"content":{"rendered":"


\nWhile the upscale London property market may have hit an iceberg regarding prices of late, one developer is hoping its new offering can rise above the tide of gloom washing over the UK capital’s best neighbourhoods.The Grade II listed Oceanic House at 1 Cockspur Street in the City of Westminster, which links Trafalgar Square to Pall Mall, was originally the London headquarters of the White Star Line, the operators of the ill-fated Titanic ocean liner. The building has been redeveloped to provide six luxury apartments and one two-storey penthouse for private sale. The apartments range from 1,679 sqft (156 sqm) to 5,447 sqft (506 sqm) in size. Each are bespoke designed to echo the luxury associated with the turn-of-the-century age of transatlantic ocean travel.Founded in 1845 as a UK-Australia shipping firm by John Pilkington and Henry Wilson, in 1868 the White Star Line was purchased by Thomas Henry Ismay and transformed into a North-Atlantic ocean liner business with ships (from 1870) constructed by the Belfast firm Harland & Wolff. In 1902 Bruce Ismay, Thomas’ son, sold the White Star Line to the American multimillionaire John Pierpont Morgan. The sale provided money with which Ismay created the White Star Lin’s London headquarters building and bought a fleet of ocean liners. Oceanic House, located at 1 Cockspur Street was built between 1903 and 1906. In July 1907 Ismay and Pirrie sketched out plans for the largest liners the world had ever seen – Titanic and her sister ships Olympic and Britannic. It was from Oceanic House that Ismay ordered the reduction in lifeboats on the Titanic and Olympic from 48 to just 16, the minimum allowed under safety standards.Sea trials for Titanic began on April 2, 2012, and in the boardroom at Oceanic House Ismay boasted to journalists that the ship was “unsinkable”. Fatefully Ismay also said that Titanic might arrive in New York early on its maiden voyage, on the evening of April 16, in time to garner headlines in the next day’s papers. On April 10, 1912, Titanic’s maiden voyage began from Southampton, scheduled to arrive in New York on the early morning of April 17. Documents from the first-class passenger luggage department of Oceanic House reveal that the most expensive piece of luggage lost on the Titanic was the oil painting entitled La Circassienne au Bain by French artist Merry-Joseph Blondel, worth the equivalent of \u00a32 million (Dh9m), which was owned by the passenger Mauritz Hakan Bjornstrom-Steffansson, the son of the Swedish timber tycoon Erik SteffassonConfident that Titanic was unsinkable, no lifeboat drill was carried out, and mindful of the papers, Ismay pressed Captain Edward Smith to sail at full speed, despite warnings of icebergs. At 11.40pm on April 14, the Titanic struck an iceberg and just before midnight Ismay escaped in lifeboat C; the ship’s architect, Thomas Andrews, and the Captain, Edward Smith, along with a total of 1,517 people died in the disaster. In 2012 Misland Capital, on behalf of its client, purchased the Crown Estate lease for Oceanic House and, in late 2014, initiated the re-development of Oceanic House into seven luxurious apartments. The Grade II listed exterior of Oceanic House has been carefully restored and the grand interior remodelled to provide two three-bedroom apartments, four two-bedroom apartments, and a four-bedroom duplex penthouse, extending across the two top floors; each apartment accessed by a lift from the entrance hall.Prices at Oceanic House start from \u00a35.3m for a two-bedroom apartment and no doubt the developer’s sales team will be hoping for a safer passage to completion than the Titanic. chnelson@thenational.ae
\n
\nSource : thenational.ae
\nRead more…Titanic owner’s London HQ now a port of call for wealthy property hunters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While the upscale London property market may have hit an iceberg regarding prices of late,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-35168","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-99e","jetpack-related-posts":[{"id":997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/regional-roundup-2015-the-winners-and-losers-in-asean-real-estate\/","url_meta":{"origin":35168,"position":0},"title":"Regional roundup 2015: the winners and losers in ASEAN real estate","date":"January 8, 2016","format":false,"excerpt":"\r Southeast Asia\u2019s key property markets are undergoing a period of transition The Saigon River in Ho Chi Minh City, which is once again going through a property boom With political machinations, China\u2019s travails and economic sluggishness impacting markets around the region, 2015 was an overall slow year for Asian\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/The-Saigon-River-in-Ho-Chi-Minh-City-which-is-once-again-going-through-a-property-boom.png?fit=740%2C444&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":45704,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-based-investors-save-millions-as-demand-for-london-property-surges\/","url_meta":{"origin":35168,"position":1},"title":"UAE-based investors save millions as demand for London property surges","date":"February 27, 2017","format":false,"excerpt":"\r A new report reveals that currency shifts are driving a fresh wave of property buyers based in the Middle East who are targeting London real estate.Post-Brexit, changes in the dollar-sterling exchange rate generated significant price savings and investment opportunities for US dollar-pegged investors in London. In 2015, the average\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/someone-just-spent-usd620k-on-a-luxury-car-parking-space\/","url_meta":{"origin":35168,"position":2},"title":"Someone just spent USD620k on a luxury car parking space","date":"October 31, 2016","format":false,"excerpt":"\r Setting a new record On top of the price of the car itself, thats a lot of money. Image credit: Max Plocek\/Shutterstock A car parking space in Hong Kong was sold for a record HKD4.8 million (USD619,000) last week, setting a record for the most expensive of its kind\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revealed-wynn-al-marjan-unveils-ultra-luxury-enclave-experience\/","url_meta":{"origin":35168,"position":3},"title":"Revealed: Wynn Al Marjan unveils ultra-luxury \u2018Enclave\u2019 experience","date":"July 2, 2025","format":false,"excerpt":"\r Enclave comprises 299 suites across four categories ranging from 75 sqm King Suites to two expansive Royal Apartments spanning 1,500 sqm over two floors\r \r Source : arabianbusiness.com\r Read more...Revealed: Wynn Al Marjan unveils ultra-luxury \u2018Enclave\u2019 experience","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/07\/NICOLE-AB-Image-Size-1200-x-800-94-1000x667-1.png?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":54829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-luxury-living-in-a-right-royal-residence\/","url_meta":{"origin":35168,"position":4},"title":"London luxury living in a right royal residence","date":"May 15, 2017","format":false,"excerpt":"\r Chris NelsonIf you have ever felt that the noisy neighbours were just too noisy, perhaps living next door to British royalty would provide a more sedate existance.And who more sedate than Queen Elizabeth II?The Buckingham at 7-9 Buckingham Gate is a new ultra-prime residential scheme of six two and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-cambodias-southern-coast-be-asias-next-resort-hot-spot\/","url_meta":{"origin":35168,"position":5},"title":"Could Cambodia\u2019s southern coast be Asia\u2019s next resort hot spot?","date":"February 2, 2016","format":false,"excerpt":"\r While the property market in Phnom Penh remains robust, the country\u2019s\u00a0oft-overlooked coast is carving out\u00a0its own reputation Sihanoukville is broadening its appeal with luxury condos and sumptuous island retreats In Cambodia, all roads have traditionally led to Phnom Penh \u2013 at least from a real estate speculation perspective. The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/02\/Sihanoukville-is-broadening-its-appeal-with-luxury-condos-and-sumptuous-island-retreats.png?fit=740%2C492&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35168"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=35168"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35168\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=35168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=35168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=35168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}