仲量联行|伦敦市中心101 Cleveland Street,全新住宅项目启动! 101 on Cleveland Street launches in the heart ofFitzrovia, W1 101 on Cleveland Street坐落于W1区费兹罗维亚中心地带 PRESSRELEASE CHINA, MAY 2019 – Art-Invest Real Estate and Dukelease Propertiestoday launch its latest residential development, 101 on Cleveland Street. Theluxury development, comprising 88 residences will showcase a new propositionfor Fitzrovia, one of W1 London’s finest locations in which to live. 101on Cleveland Street follows Dukelease Properties’ local success with previoushigh-end schemes, such as Beau House, Artisan and Oxford Street, and marksArt-Invest Real Estate’s first venture into the UK property market. Thecompanies will unveil the scheme to four priority centres in Asia – Shanghai,Beijing, Shenzhen and Hong Kong – this month. Richard Leslie, CEO of Dukelease Properties comments: “Weare excited to be bringing 101 on Cleveland Street to Asia at this time.Fitzrovia is now firmly on the map as one of London’s premier and mostcompetitive destinations and we are looking forward to introducing all it hasto offer through our development.” Bothcompanies believe the Prime Central London market is resilient and that newdevelopments have a firm place in the market. Despite the uncertain economicand political backdrop, JLL’s latest forecasts anticipate prices in 2019 willrise almost immediately by 1% with future growth to 2.5% by 2020. Michelle Liu, Head ofInternational Residential, Asia Pacific of JLL comments: “JLL’slatest forecasts assume a Brexit deal is agreed and that a strong upturn invalues ensues. We anticipate a boost in confidence to the Prime Central Londonmarket in 2019, once the EU deal is fully approved. In turn, the greatercertainty will immediately boost demand from domestic and international buyers,with the latter benefitting from the short-term currency advantage.” The Scheme 101 on Cleveland Streetcomprises 88 beautifully designed apartments, each with their own balcony.Spreading across two buildings, a range of one, two and three-bedroomapartments will be delivered in Q4 2021, alongside four premium penthouses withprivate rooftop terraces. Residentswill have exclusive access to a suite of amenities including a gym, screeningroom, dining room, lounge and sauna. Landscaped gardens will adorn the podiumlevel of the building and bring to life the exterior architecture. Location Fitzroviais emerging as the new and desirable destination in Prime Central London. Borderedby Oxford Street to the South and Regent’s Park to the North, 101 on ClevelandStreet takes prime position in the heart of Fitzrovia and will be the firstresidential offering of its kind in recent years. Thedevelopment sits within easy access to a number of tube stations, just a shortwalk from Great Portland Street, Goodge Street, Warren Street and TottenhamCourt Road to name a few. Tottenham Court Road will also benefit from thehighly-anticipated high speed Crossrail service next year where residents willbe able to reach the City to the east in five minutes and Heathrow to the westin 28 minutes, enhancing the global connectivity of the area. London King’sCross St Pancras is within easy access, perfect for international businessmeetings and weekends away. UniversityCollege London and The University of Westminster are within 7 minutes’ walk ofthe development. Moreover, The London School of Economics is a 15 minutes’away, joined by King’s College London which is 17 minutes’ away. RADA studiosand Sotheby’s Institute of Art are also within walking distance. Lifestyle A hub of restaurantsand world-class amenities sit on the doorstep of 101 on Cleveland Street. New restaurants, hotels and workspaces are contributing to this cornerof London fast becoming a premier destination. Leading restaurants in the areainclude Michelin starred LIMA London and Pied a Terre, alongside Señor Ceviche,Ottolenghi’s latest opening ROVI, Kyseri and Serge et le Phoque, which joinlong-time favourite hotels, Charlotte Street Hotel and The Mandrake Hotel. Moreover,prominent workspaces including the acclaimed Mortimer House and the new women’sonly member’s club The Allbright are accompanied by prestigious gyms includingF45, FRAME, Psycle and Define London. All of which contribute to theever-changing face of this exciting destination, as Savills notes: “the expansion in food & beverageprovision into Fitzrovia has been a key element in the reshaping of the WestEnd into an increasingly appealing area.” Commenting on 101 on Cleveland Street’s primeposition, Michelle Zhou, Head ofInternational Property, China, of Savills states: “The W1 market is robust and has outperformed its neighbouring boroughsin recent months. This, combined with the limited supply of new developmentswithin the borough means Fitzrovia will continue to be one of the mostsought-after areas, the perfect London ‘village’.” Ali Abbas, UK Managing Partner at Art-Invest RealEstate comments, “Thisis our first investment into the UK, we are excited to be combining ourinvestment and development capability with Dukelease Properties, to create aunique destination in this one-acre site in Fitzrovia, London, W1.” Dukelease will host its China sales exhibitions on thefollowing dates and locations: Shanghai, 11 th& 12th May: Ballroom A, The Langham Hotel,99 Madang Road, Xintiandi, Shanghai200021 Shenzhen, 25 th& 26th May: Westminster Room, The Langham Hotel, 7888 Shennan Ave, Futian Qu,Shenzhen Shi, Guangdong Sheng, China, 518040 Beijing, 1 st& 2nd June: Salon Room 301, The Rosewood Hotel, Jing Guang Centre,Hujialou, Chaoyang District, Beijing 100020 Pricing for 101 on Cleveland Street starts at £1.2million. More information on the scheme can be found at 101oncleveland.com For sales enquiries, pleasecontact Michelle Zhou at Savills on michelle.zhou@savills.com.cn +86 139 16953162 or Michelle Liu at JLL on michelle.liu@ap.jll.com +86 138 1755 1666 -Ends- ABOUT ART-INVEST REAL ESTATE Art-Invest Real Estate isan experienced investor, developer and asset manager operating across keygateway cities in Germany, Austria and the United Kingdom. Established in 2010and headquartered in Cologne the business operates as a private partnershipwith the Zech Group and the managing partners as shareholders. The group invests andmanages on behalf of its proprietary capital, regulated institutional funds andselect joint venture partners pursuing a "manage to core" investmentstrategy across the risk spectrum principally in the office, retail, hotel,residential and data centre sectors. Since 2012, the company hasbeen licensed to operate as a regulated fund manager in accordance with Germaninvestment law (KAGB). During this period Art-Invest Real Estate Funds hassuccessfully eighteen regulated funds for a variety of institutional investors. The group has currentlymore than EUR 6bn AuM with more than EUR 2bn invested equity for a range ofinstitutional investors as longterm partners. Art-Invest Real Estate is one ofthe largest office developers in Germany. ABOUTDUKELEASE PROPERTIES Dukelease is a Prime Central London property development company with morethan twenty years’ experience delivering exceptional residential and mixed-useprojects. At the centre of an unrivalled network ofinvestors, agents and corporate occupiers, Dukelease has earned a reputationfor delivering beautifully designed, highly finished and profitable schemes. With a portfolioapproaching £600m in value, Dukelease is committed to building distinctiveresidential and commercial developments of quality in London’s mostsought-after locations including, Mayfair, Soho, Covent Garden, St James’s,Midtown and Fitzrovia. The company’s past and current portfolio comprises morethan twenty development projects. A family owned and runbusiness, Dukelease has a diverse team of in-house specialists across design,planning, development, property marketing, sales and management as well asfinance. The company’s projects encompass premium apartments, flagship retailstores, elegant offices, quality restaurants and represent a total of1.1million sq ft of space, often in mixed use developments. MEDIAENQUIRIES Formore information please contact LUCHFORD on dukelease@luchford.com.
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