Property entrepreneur Robert Bourne has abandoned plans to sell the Queensway Estate for £90m after agreeing to a £130m refinancing of maturing debt.
The Queensway Estate is located close to Queensway tube station, and houses central London’s biggest ice rink, Queensway market, 214 shops, 31 flats and offices.
Appointed sellers Cushman & Wakefield and DE & J Levy, the appointed sellers, are understood to have found a number of potential buyers for the estate before Bourne asked for the sale to be withdrawn.
Sofia.Furber@estatesgazette.com
