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| 30 November, 2016

London's Centre Point residences offered to Gulf investors

30 November 2016
Dubai, UAE: Knight Frank is pleased to introduce a new London address to the UAE, Centre Point. This iconic 1960s building, protected by Historic England, stands at the heart of Central London’s most thriving shopping, cultural and business areas. For the first time ever, this prime address is available to residents. It was recently launched at an exclusive private viewing in Dubai, and is now being actively marketed across the GCC by the Knight Frank team.

London’s West End is the cultural centre of the capital. The area is home to 30 museums, public and private galleries, 40 theatres (including the Royal Opera House), and Europe’s most sought after shopping spots such as Regent Street, Bond Street and
Mount Street.

The launch of the exclusive residences represents a major milestone in the capital’s ongoing transformation of Centre Point, which, when completed, will result in 82 luxury apartments, with a new square at the base of the skyscraper that will be surrounded by a vibrant restaurant and retail portfolio. As well as creating a link between Fitzrovia and Covent Garden, Centre Point will also benefit from the ‘Crossrail effect’, which continues to boost property prices.

The first apartments offered to the GCC market feature the Vantage Collection, two 2,133 sq.ft three-bedroom apartments situated from floors 18-30, benefiting from their own private lifts and offering expansive views of other remarkable landmarks, including the Houses of Parliament, St Paul’s Cathedral and the City of London.

Renowned British designers Conran and Partners have designed the apartments by combining the spirit of the building, the flare of the 1960s and the equally vibrant and creative spirit of London today. Luxurious materials, and the best in British craftsmanship and design, will truly make this address stand out. Centre Point will also include features akin to a luxury hotel including a spa and treatment rooms, a 30-metr swimming pool, screening room, 24-hour security and concierge service.

“Centre Point will be a world-class address in a world-class city” Kathrin Hersel, Development Director, Almacantar “The crossroad of Oxford Street and Tottenham Court Road stands at the centre of London's most ambitious infrastructure project for decades, the regeneration of the wider mid-town market on the back of Crossrail has led buyers to reassess a previously overlooked central London neighbourhood.”n Liam Bailey, Partner, Global Head of Research, Knight Frank “Centre Point is a landmark building from the 1960s - a powerful symbol of London’s style and creativity. Our transformation of Centre Point’s identity for residential use celebrates the original architect’s design. Our inspiration has been taken from the geometry and texture of the façade and touches all aspects of the apartments and shared spaces. We have sought to offer residents a tranquil oasis in what is otherwise a very busy part of the capital, while maximising the stunning, uninterrupted views.”

Tim Bowder-Ridger, CEO and Senior Partner, Conran and Partners Victoria Garrett, Partner, Head of International Project Marketing MENA, Knight Frank “Centre Point is arguably one of Almacantar’s most ambitious schemes to date which involves the transformation of the iconic Grade II listed building. The tower will be transformed into 82 Luxury apartments costing between £1.8m to £55m completing in Q3, 2017, delivering breath taking views across the city of London. What is really exciting is the evolution of this central area right in the heart of London and that from a connectivity point of view it will be the only point at which crossrail 1 and 2 will meet across London.”

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For GCC related media information please contact:
Daniel Cotter | TOH Public Relations | dan@tohpr.com | +971 4382 900
Notes to Editors

About Centre Point
Centre Point was built in 1966 and designed by Richard Seifert. Almacantar acquired the building in 2011 and now London’s iconic skyscraper is undergoing a transformation into exclusive high-quality apartments with unrivalled panoramic views across the capital. The apartments range from 1-bedroom to a 5-bedroom duplex penthouse. The interiors have been designed by Conran & Partners and combine the spirit of the building, with the equally vibrant and creative spirit of London today.  

Luxurious materials with the best in British craftsmanship and design have been combined to create these high-quality apartments. 

Further details can be found on Centre Point’s website https://centrepointlondon.com

About Almacantar 
Almacantar is a property investment and development company. It specialises in large- scale, complex investments in Central London, with the potential to create long-term value through development, repositioning or active asset management.  Almacantar launched in 2010 and owns over 1.5 million sq. ft. of prime assets in the heart of London including Centre Point, Marble Arch Place, CAA House, One and Two
Southbank Place and 125 Shaftesbury Avenue.  Centre Point, Marble Arch Place and Southbank Place represent approximately one million sq.ft. of new development aimed specifically at the central London markets of the West End and South Bank where supply of high quality mixed-use schemes is constrained. 

Further details can be found on Almacantar’s website https://www.almacantar.com

About Knight Frank
Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank has more than 14,000 people operating from 411 offices across 59 countries. The Group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Company, please visit knightfrank.com.

About Conran and Partners
Conran and Partners have been improving the built environment by producing thoughtful and inspired architecture and interiors for more than 30 years. Based in London and Brighton they have a wealth of local, national and international experience at all scales from Masterplanning and Urban Regeneration to Restaurant Design.
 
Their design skills have been endorsed by over fifty design awards and commendations, including Civic Trust Awards and RIBA Awards for their work in sensitive contexts.
 
Conran and Partners are skilled in producing viable and high quality proposals which show sensitive consideration for the context and local planning constraints. They were instrumental in developing the vision and masterplan for the regeneration of the Butler’s Wharf estate, close to Tower Bridge, Roppongi Hills in central Tokyo, for the Mori Corporation, and have just completed the redevelopment of Futako Tamagawa, a project which has been Tokyo’s largest development site to date.
 
The practice is currently delivering several large-scale schemes in London, including the conversion of the landmark Centre Point development to residential, for Almacantar, and the redevelopment of the Green Man Lane Estate in Ealing, West London.

Further details can be found on Conran and Partners’ website https://conranandpartners.com/ 

© Press Release 2016