Holland Park Villas

Kensington

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Native Land purchased this 2 acre site from the Royal Borough of Kensington and Chelsea (RBKC) in January 2010 in a 50/50 joint venture with Grosvenor. On behalf of the joint venture, Native Land delivered an enhanced planning permission in July 2011 for 72 private apartments, together with 96 affordable homes to be built on three separate sites across the Royal Borough.

Native Land put in place a financing deal for the development with investment partners Hotel Properties Limited (HPL) and Amcorp Properties Berhad (Amcorp), alongside debt finance from Singaporean banking groups OCBC and DBS.

The development is set to become one of the most sought after new addresses in ultra-prime central London, with completion scheduled for October 2017.

Date
2010 - 2017
Status
Construction Commenced Q1 2014
Net Area
180,000 sq ft
GDV
£550m (2014)
Joint Venture
Grosvenor
Affordable Housing
96 Social Rented Units