PrimeResi.com - Editorial Highlights

PROPERTIES
Tim Roberts, Head of Offices, British
Land: “The expiry profile at 52 Poland
Street means there is potential for
vacant possession of upper parts in June
2015. The site attracted very strong interest,
reflecting the strength and depth
of the WE investment market. It is an
opportune time to sell and focus on
projects elsewhere in our portfolio.”
Chris Lanitis, Partner, Amazon Property:
“The acquisition of 52 Poland
Street is an exciting addition to Amazon
Property’s rapidly expanding portfolio
and signifies our wider drive to obtain
well-located London sites. The building’s
trophy address and expansive
internal space presented the perfect
opportunity to deliver more of our
signature, luxury apartments and penthouses
to the market. Amazon Property
has firmly established itself as an office-to-resi
specialist, with a number of
successful schemes across Zones 1 and
2. 52 Poland Street promises to continue
this achievement and we look forward
to securing vacant possession of the first
to seventh floors and starting work in
June next year.”
CBRE and Irwin Mitchell advised
British Land. Amazon Property was
unrepresented. Q
p.27