Selling to the super-rich
Article Abstract:
Knight Frank are the real estate agents who have been employed to sell the 99-year lease on a 10 bedroom house in Kensington Palace Gardens. The house is owned by the Crown Estate. Representatives from Knight Frank point out the location of the building and the cost of similar properties in the area helped them decide on the price of 35 million pounds sterling. They have shown a number of interested clients over the property and have a firm offer which they are in the process of confirming.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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Article Abstract:
Works of art can bring a positive element to a building development, although the high cost of such works can give rise to many negative feelings. The new UK headquarters of Development Securities is to be the location of a 90,000 pounds sterling sculpture, created by Eilis O'Connell in 1998. Many sculptures can cost up to 100,000 pounds sterling, although little financial reward can be expected.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1998
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