Curating luxury for the discerning traveller

FIVE-STAR LIVING

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When the UK voted to leave the European Union in June last year, many were uncertain precisely what impact the vote would have on the property market. Now, more than a year later, answers are beginning to emerge, with estate agent Savills announcing a price drop across London’s prime housing of 1.2 per cent in the third quarter of 2017, reaching a current slump of eight per cent below its 2014 peak. This, coupled with a fall in the value of the pound, has rendered the London property market somewhat unappealing to domestic buyers.
However, the forecast is much brighter for prospective overseas investors, who face the double incentive of properties at a reduced price, paired with an exchange rate stacked in their favour. While the current landscape may be uncertain, London property yields high returns over the long term, with the average house price tripling in real terms since 1990. With the UK set to remain a front-runner for ultra-high-net-worth individuals (with a forecast population of UHNWI of 12,310 by 2026), as well as a centre of business and technological innovation, Savills anticipates prices will recover towards the end of 2019, with a bounce back of eight per cent by 2020.
With this in mind, now is the time to strike.

Dec 4th 2017
Lois B-E
Investment

NO.1 GROSVENOR SQUARE
Originally the US Embassy, and later the Canadian High Commission, No.1 Grosvenor Square is now being transformed into 44 luxury residences. Brimming with period details, the neo-Georgian façade has been lovingly restored to its former glory, alongside the Oval Room – a replica of the White House original. Amenities are impressive, featuring a pool, spa, club room, cinema and even a team of Sotheby’s experts, on hand to help residents curate an enviable art collection. Residents will also have access to a Bentley – a homage to the 1920s Le Mans racers, the Bentley Boys, who once lived on the corner of Grosvenor Square. No.1 Grosvenor Square is due for completion in late 2019.
1-3 Grosvenor Square, W1K 4AB.
020 7578 5100. www.1GSQ.com

AYKON LONDON ONE
The Compton

AYKON LONDON ONE
Nicknamed ‘Versace Tower’, this 50-storey development, designed in partnership with
the iconic Italian fashion house, is part of a wider regeneration of the Nine Elms area of South Bank – predicted to become a hot spot following the completion of a Northern Line Underground extension in 2020. Everything from studios through to three-bedroom apartments are finished in Versace’s luxurious style, with sumptuous gold detailing and marble and walnut finishes. Residents will benefit from amenities including a concierge service, a swimming pool and spa, while select apartments have winter gardens with panoramic city views. It is scheduled to complete in 2020.
Aykon London One, 63-71 Bondway,
SW8 1SQ. 020 7590 8069.
www.aykonlondonone.com

THE COMPTON
Situated minutes from Regent’s Park and the hallowed turf of Lord’s cricket ground, The Compton has one, two and three-bedroom flats and penthouses, kitted out by the award-winning interior designer Kelly Hoppen MBE. Clean lines, neutral tones and luxurious materials characterise the interiors, which house a state-of-the-art gym, concierge and communal roof garden. The striking exterior of the building is the vision of Simon Bowden Architects, featuring large windows and curved private balconies that flood each apartment with natural light, maximising views over the nearby Royal Park. First completions are scheduled for autumn 2018.
The Compton, 30 Lodge Road,
NW8 8LA. 020 7861 5499.
www.thecomptonnw8.com

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