Chesterton to showcase top London projects
Doha, May 29, 2014
Chesterton, a leading international property agency, is set to unveil ‘The London Collection,’ a series of luxury mixed-use developments by St. George, at a key expo in Qatar next month.
Established in 1805, Chesterton offers a full range of property services, including residential sales and lettings, commercial agency and management, rural land management, professional advisory services, professional valuation and other surveying services.
The company will be presenting the selection of prime residential London homes at its stand during the Cityscape exhibition from June 2 to 4 at the Qatar National Convention Centre.
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 £287,460 to £8,500,000 ($481,884 to $14.2 million), said a senior official.
"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," said Samuel Warren, the director of International Residential Developments, Chesterton Humberts.
"The strong presence of international buyers means that its performance exceeds that of the UK economy with annual price growth predicted at 47.6 per cent over the next five years in prime London," stated Warren.
"Certain boroughs/ areas within the capital are achieving as much as 15-20 per cent annual growth (Chelsea, Westminster and Hackney). Population growth continues to outstrip supply and these conditions are set to continue," he added.
According to Warren, London remains a key destination for the global property investor. "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," he stated.
He said this was the right time to buy a property in London and ‘The London Collection’ was 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 Middle East investors towards London based property. We are bringing these prestigious projects to Cityscape Qatar due to the overwhelming investor interest that we have already received both locally and internationally," said Warren.
"This project is well located and this is surely a great investment opportunity for Middle East investors," he added.-TradeArabia News Service