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PrimeResi Directory

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A directory of the prime movers at the top of the property market.

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    We are hiring! About us: Quintessentially Lifestyle is the world’s leading Luxury Lifestyle Company. Launches in 2000 as a London based concierge service, Quintessentially Lifestyle has expanded to have offices in over 60 cities around the world. The service provided to our discerning and high net worth Members is proactive and personalised, catering to ever
  • Buying Consultant
    Company Profile Quintessentially Estates is a dedicated global property specialist with deep expertise and insider knowledge, focused on delivering extraordinary personal service. Quintessentially Estates has 11 offices across the globe with our head office located in Belgravia. Our clients seek professional and specialist advice for all property requirements, whilst simultaneously gaining access to an unrivalled
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    Savills is looking for a Social Media Manager. Full details and how to apply here
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    We have been exclusively instructed by one of our clients to recruit a Lettings Director to run their successful lettings division. This is an exciting career opportunity with a very well established independent London estate agency that has a small but successful network of offices in West London. This is a very hands-on role where the successful candidate will
  • Residential Lettings Coordinator for a Major London Landlord
    We currently have a fantastic opportunity to work with this major London landlord based in Marylebone. This central London estate comprises of property assets worth billions of pounds, including residential, retail and offices. The estate handles most matters in-house, including management, lettings, project management, acquisitions and rent reviews. They are currently looking to recruit a Residential Lettings Coordinator to join their team in their central London
  • Lettings Associate
    This highly respected firm of estate agents and chartered surveyors, with a successful network of offices in London and the country, is looking to hire a Lettings Associate to join the new office in Mayfair. This is an excellent opportunity within a highly respected brand and our client is looking to consider applicants looking to make their next step on the career ladder.
  • Sales Associate
    Strutt & Parker is advertising an opportunity to join the Estate Agency team in Ascot. Full details and how to apply here
  • Senior Negotiator/Associate
    Knight Frank’s resi sales team is looking to recruit a Senior Negotiator or Associate to specialise in Prime Sales. Full details and how to apply here  
  • Head of Marketing & PR for Luxury Estates Company
    We are looking for a driven head of marketing and PR to join us at our London headquarters. As a strong brand marketer and PR communicator, they will be responsible for building and executing a strategic marketing and PR objective globally for all offices in USA, Europe, APAC and UK ensuring strength of execution to
  • Recruitment Officer
    Chestertons is looking for a Recruitment Officer. Full details and how to apply here

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British Land smashes Mayfair price records with Clarges pre-launch

British Land is clearly having no trouble shifting units at its new super-prime development in Mayfair. The first batch of 18 uber-exclusive apartments at Clarges Mayfair have already been snapped up...

British Land is clearly having no trouble shifting units at its new super-prime development in Mayfair.

The first batch of 18 uber-exclusive apartments at Clarges Mayfair have already been snapped up at average price of £11.6m each, after a hush-hush pre-launch over the summer.

Only those on the firm’s “exclusive list of known potential buyers” were given the all-important heads up, and they’ve responded accordingly, paying an average capital value of £4,750 per square foot and setting new price records for Mayfair in the process. It’s thought the £5k per square foot threshold may well have been breached by the penthouse.

Bringing in £210m, these 18 exchanges alone represent close to 50% of the total gross development value of the private resi element of the scheme.

British Land says the early success is all down to the scheme’s unrivalled position (close to Bond Street and overlooking Green Park and Buckingham Palace), and the quality of its design, which “sets a new international benchmark for residential development in London”.

The building was designed by Squire and Partners architects and Martin Kemp Design are leading the interior design for the apartments. The total cost of the development (excluding land and interest) will be around £228m.

Work began on site earlier this year; the office element will be ready in mid-2016, with the resi element completing in 2017.

The 34 apartments will be spread over ten floors and range in size from one to five bedrooms. There’ll be a gated mews with secure drop off, a private wellness spa including a 25m swimming pool and fully equipped gymnasium, sauna, steam and treatment rooms, a private cinema room and “full lifestyle services”.

The site was acquired by British Land in 2012 for £129.6 million, with the firm subsequently bagging revised planning consent to ramp up the high-end resi element of the scheme from 63,000 square feet to 93,500 square feet. The revised scheme also includes 47,800 square feet of high quality prime office space and 14,800 of retail and leisure. The Kennel Club of Great Britain – whose HQ was centrally located within the site – has been provided them with a brand new base next-door.

Chris Grigg, CEO of British Land: “Clarges Mayfair is a great example of what we do well – investing in the right places and creating environments where people prefer to live and work. We have used our core development skills to increase significantly the value of the scheme creating a landmark building for this important area of London and further enhancing our presence in the West End.”

Tim Roberts, Head of Offices and Residential: “Clarges Mayfair offered us a rare opportunity to develop an exceptional product in a premium location and we are delighted by the level of interest we are seeing. Demand has been very strong from both UK and overseas buyers, demonstrating both the strength of the premium residential market, and the enduring appeal of developments of this quality.”

There’ll be a full marketing campaign for the remaining units closer to completion. 
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