Chesterton, the international property agency established in 1805, unveiled ‘The London Collection’ a series of luxury mixed-use developments by St. George in Abu Dhabi for UAE investors. Chesterton has seen an increased level of interest from investors at the show for London based properties.
“London stands out as a truly global capital as it remains a completely different market from any other region in the UK in terms of scale, pricing and future growth prospects. The strong presence of international buyers means that its performance exceeds that of the UK economy with annual price growth predicted at 43.9% over the next 5 years. Certain boroughs/ areas within the capital are achieving as much as 15-20% annual growth (Chelsea, Westminster and Hackney). Population growth continues to outstrip supply and these conditions are set to continue,” said Samuel Warren, Director of International Residential Developments, Chesterton Humberts.
Chesterton is presenting a selection of prime residential London homes at the show. From inspiring riverside apartments to elegant penthouses, ‘The London Collection’ features a range of high quality and stylish residences in some of London’s most desirable addresses, including ‘Fulham Reach’, ‘Chelsea Creek’, ‘Beaufort Park’ and a preview of the highly anticipated new addition to the portfolio, ‘London Dock’. Prices for these properties will range from £214,950 to £8,500,000.
“We have received a good level of response from UAE based investors for prime London properties. The attractive location of London combines business with pleasure, within a safe and tolerant multi-cultural environment, with transparent legal systems, whilst offering a good choice of both lifestyle and investment properties. London remains a key destination for the global property investor.”
“We are delighted to be attending Cityscape Abu Dhabi to showcase the finest properties in London from the developer St George. This is the right time to buy a property in London and we strongly believe that ‘The London Collection’ is set to provide the investors with attractive returns on their investments. Over the last few quarters we have seen a growing level of interest from UAE investors towards London based property. We are bringing these prestigious projects to Cityscape Abu Dhabi due to the overwhelming investor interest that we have already received both locally and internationally. This project is well located and this is surely a great investment opportunity for UAE investors,” added Samuel.
There is an exclusive pre-launch preview opportunity for ‘London Dock’ which is the most anticipated new development by St George. Situated just moments from Tower Bridge, The Tower of London, St Katharine Docks and the City, this exciting new destination will offer a range of exclusive apartments and penthouses, with hotel-style resident’s facilities, beautifully landscaped open spaces, shops, bars and restaurants.
“With properties on offer that provide both the best in London lifestyle as well as sound investment opportunities we know that we will have something to offer all of our clients from the region. The continued benefits of strong and sustained capital growth in London, with projections of close to 45% in the next five years, and an undiminished rental demand; London provides a sound platform for investment,” concluded Samuel.
Prem A. Ramachandran, Managing Director
White Water Public Relations
PO. Box 18936, Dubai, UAE
Wednesday, April 23- 2014 @ 16:23 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.