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
Friday, 4 Sep 2015, 11:21 BST
You are here:
 Property News 
Planning permission granted for intu Milton Keynes proposals
The redevelopment plans for intu Milton Keynes have been given the green light by...
Criterion Capital disposes of 71.6m non core asset to focus on PRS pipeline
As part of its continued focus on the residential build-to-rent sector, Criterion Capital has...
European investment activity surpasses 2007 levels
The first half of 2015 has witnessed the highest levels of commercial property investment...
EPIC acquires 10m leisure portfolio
Ediston Property Investment Company (EPIC) has acquired three leisure properties for 10.00 million (net...
250m Maidenhead regeneration gets green light in time for Crossrail
A landmark 250m regeneration scheme for a key site in Maidenhead town centre was...
Tony Pidgley, founder and Group Chairman of Berkeley Group Holdings.Berkeley enters the FTSE100
FTSE Russell, the global index provider, has confirmed today that Berkeley Group Holdings will...

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