Wednesday, December 21, 2016

Property of the royal family confirms the £ 100m development of the West End

Property of the royal family confirms the £ 100m development of the West End
https://i.guim.co.uk/img/media/4afa99514b19e6b80546f3f3bcba49522a176ac8/0_342_5132_3080/master/5132.jpg?w=620&q=55&auto=format&usm=12&fit=max&s=fd4425e1e546c402bcb0c173ee2cc02c

professional real estate arm of the royal family members is going to move ahead with the improvement of £ 100m West End, which have been placed under management in accordance with the determination of the UK to give up the EU. Crown Estate has confirmed that the restructuring will start Duke Court, a diverse retail and business block in St James. The plans are a part of a wider £ 500m much investment program in this specific place. James Cooksey, director of the middle of London on the Crown Estate, said: "We are actually dedicated to the restoration of St. James as a world class internet business destination as well as way of living.

“Such an investment reflects our belief in the fundamentals of London’s West End, notwithstanding the near-term market outlook, and its continued performance over the long term through creating fantastic buildings that stand the test of time.”

Full article
https://www.theguardian.com/business/2016/dec/21/royal-family-property-west-end-development-crown-estate
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