Development for ‘those who desire the best’ on Palace Street in London due to be completed in 2018A mystery buyer has paid £20m to be the Queen’s next-door neighbour,snapping up a luxury flat overlooking Buckingham Palace. In a sign that the high-stop London property market is as strong as ever, the buyer has forked out the cash before the developers occupy picked up a spade.
Northacre, and the firm behind the project,said it hopes to attract “those who desire the best and who want a home in the heart of London”. And it expects some of the larger flats in the development, called 1 Palace Street, and to command even higher price tags.
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Source: theguardian.com