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
Saturday, 31 Jan 2015, 17:38 GMT
You are here:
 Property News 
Canary Wharf. Photo by ljanderson977.Songbird offer gets 90% of votes and European Commission approval
The QIA and Brookfield final cash offer of 3.50 for Songbird has now received...
Weston House, High Holborn, London.Frogmore buys flagship midtown office for 60.5m
Weston House, a 74,755 sq ft office building on High Holborn, WC1, has been...
10 Upper Bank StreetBiggest London commercial property investors of 2015 to come from China and the US
According to a new report by Savills, Chinese and US money is set to...
Oxford Properties buys second Paris office at 92 Avenue de France for 240m
Oxford Properties Group, the real estate arm of OMERS, the pension plan for municipal...
Tech Hubs dominate most dynamic cities list
Providing a new view into what makes cities dynamic and attractive for future opportunities,...
Aviva sells Hilton Newcastle for 36m
Aviva sells Hilton Newcastle for 36m Aviva Investors has sold the Hilton Newcastle Gateshead to...

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

© 2015 Muchimmo Limited, London