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
Wednesday, 1 Apr 2015, 15:23 BST
You are here:
 Property News 
Royal MintJoint venture to drive forward Royal Mint Court development
Delancey has announced that its client DV4 has formed a joint venture with the...
IPsoft takes floor at The Cheesegrater at 75 per sq ft
Virtual IT system provider IPsoft has signed an agreement for lease for level 31...
Boris Johnson, Mayor of LondonMayor launches Old Oak and Park Royal Development Corporation
The Mayor of London Boris Johnson will today (Wednesday, April 1) launch the Old...
Martyn McCarthy, Executive Chairman of Valad EuropeCromwell completes Valad Europe acquisition from Blackstone
Cromwell Property Group, one of Australia's leading property investment and funds management groups with...
Benson Elliot buys two Berlin landmarks in 100m sale and leaseback transaction
Benson Elliot has closed on the acquisition of two office properties in central Berlin...
1000 Main Street HoustonUnion Investment taps into Houston market with 410m giant office purchase
After Austin and Minneapolis, the Hamburg-based real estate investment manager Union Investment has now...

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