Mar 29 2008
London Property Developers Defy Credit Crunch
International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
Candy and Candy sold two hotels located in fashionable Kensington London, both hotels overlook Kensington Gardens and were sold for a cool 320 million pounds. The Kensington Palace and Kensington Park Hotels site were sold to a Middle East consortium. The brothers had barely started work on the project and had planned to transform the hotel into super prime real estate. The hotels would have housed 97 apartments with price tags of 10 million pounds each.
Read the rest of this great post here
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