Over £900m of apartments have been sold at luxury residential scheme One Hyde Park, developer Nick Candy said this morning, with practical completion due before Christmas.
Speaking at this morning’s Movers and Shakers breakfast at
Two shops have been let to luxury car manufacturer McLaren Automotive and Jardine Motors Group and luxury watch brand Rolex. The Abu Dhabi Islamic Bank is understood to be paying a record rent for the third and final shop.
“All being well we’ll pay back the bank and have 30 units left to be sold,” said Candy.
He also acknowledged that he and his brother Christian Candy had made mistakes.
The pair were forced to hand back an eight-acre site earmarked for luxury apartments in
“In hindsight we didn’t do enough research in the market,” he added.
damian.wild@estatesgazette.com
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