Property consultants Knight Frank will release London-based development Chelsea Waterfront to GCC investors in Dubai from 15 to 16 March and in Doha from 30 to 31 March 2016.
Victoria Garrett, head of Knight Frank International London Sales in the Middle East, said: “Over the past year we have seen a significant increase of London new home sales from the Middle East, whether for investment purposes or for end-use. This exclusive second phase release is expected to attract significant interest in the Middle East following a successful first release in 2015 when investors from the region accounted for more than 50 per cent of sales.”
The project, set within nine acres in the heart of Royal Borough of Kensington and Chelsea, is the last remaining significant river fronting site on the north bank of the Thames between Chelsea and the London.
Edmond Ho, executive director and general manager of Hutchison Property Group said: “We believe the popularity of the development in the Middle East is a reflection on the size of the apartments, exceptional facilities and a stunning location and I anticipate the second release will be equally popular. Nothing of this quality is available anywhere else on the market.”
The apartments in the second phase are due for completion at the end of 2016.
When complete, the scheme will comprise ten buildings in total including two stand-out towers. The entire development is due to complete in 2019 providing 706 new homes.