Propertymall commercial property in the UK online Propertymall commercial property in the UK online Propertymall commercial property in the UK online Propertymall commercial property in the UK online Propertymall commercial property in the UK online Muchimmo
Tuesday, 3 May 2016, 15:27 BST
You are here:
 Property News 
GPE sells Mortimer House W1 for 26.95m
Great Portland Estates has exchanged contracts to sell Mortimer House, 37/41 Mortimer Street for...
Hines agrees forward funding of McLaren UK student housing portfolio
Hines has launched its first move into the student housing market globally with the...
L&G to develop 600,000 sq ft of industrial property
Legal & General Property (LGP), on behalf of its Industrial Property Investment Fund (IPIF),...
Benson Elliot takes Italian portfolio to 500m with Bologna shopping centre acquisition
Benson Elliot, the UK-based private equity real estate fund manager, has acquired Centro Commerciale...
A new Tech and Media Company set up in London every hour
London has firmly established itself as the global leader in Tech and Media (T&M),...
40m forward-funding deal secured for speculative office scheme in Woking
Lamron Estates and SJR Properties have entered into a 40m forward-funding deal with Royal...

Orion Capital Managers - General - London, Glebe Place and Old Church Street

Date: 01 Aug 2011

Orion fund to develop the Glebe, a luxury residential scheme in Chelsea, London SW3

An Orion Capital Managers sponsored vehicle has bought a one acre freehold site in the heart of Chelsea in London for luxury residential development.

The site is located between 36A Glebe Place and Old Church Street. It is close to the King's Road and Sloane Square. There is planning consent in place for a scheme designed by Foster + Partners with six apartments, a duplex penthouse and two large detached villas.

The units will benefit from all modern facilities and services including a concierge, swimming pools, parking and leisure facilities. The total development value is 250.0 million and completion is expected in 2014.

The purchase is consistent with Orion's current strategy of developing high quality residential schemes in central London.

The vendors are Mainstride Limited and DMQ Chelsea Limited who bought the site in 2004. Planning consent was granted in 2009 and 2010.

Orion European Real Estate Fund III CV closed at the end of 2009 with total commitments, above target, of 1.28 billion (1.15 billion).

Aref Lahham, director of Orion Capital Managers, said: "We are excited about having acquired one of the best residential sites in London. The scheme will be outstanding in terms of its location and quality."

Luxury residential development in Chelsea
Luxury residential development in Chelsea

  [ top ] Home | News | Property | About Us | Terms | A-Z

© 2016 Muchimmo Limited, London