Kalinka Realty announces the start of apartment sales in Russia in the residential complex The Heron, located in the heart of London's City.
Today, in the period of recovery of the global economy after the crisis, investments in real estate are of particular interest. One of the most interesting cities for investors is London - the internationally recognized financial capital. Kalinka Realty presents key London real estate projects on the Russian market in partnership with the London office of Jones Lang LaSalle as its exclusive representative.
Foreign investors consider London to be one of the most attractive platforms for real estate investments in almost all segments, especially in the premium segment. In 2011, the capital of the UK was the only city where the cost of housing constantly increased, largely due to demand from buyers from Russia, Latin America, and the Middle East. According to analysts' research, foreigners make up 65% of the total number of buyers of properties worth over five million pounds, and among buyers of properties worth over 15 million pounds, Russian investors account for 38%.
"According to experts from Kalinka Realty, London is experiencing a price boom in new luxury residential properties. The forecast for the end of 2015 is a 30% growth from current levels," notes Ekaterina Rumyantseva, Chairman of the Board of Directors of Kalinka Realty.
According to Kalinka Realty, the following areas of London demonstrate the best price dynamics: Westminster - 12.6%, Kensington and Chelsea - 8.5%, and Richmond upon Thames - 6.2%. These three areas traditionally make up the top five most expensive areas. At the same time, the City area is the leader in price growth dynamics. The current price ranges from £8,500 to £11,000 per square meter. According to forecasts for 2015, this figure will reach £19,000 - £21,600, resulting in a growth of 118%. This trend is explained by the influx of affluent residents coming to London to work in the financial and investment business.
London strives to meet standards and be a highly attractive city for living and doing business. Currently, the transportation infrastructure is actively developing, and the new railway transportation junction, Crossrail, is being built, which will pass through the West End and London City. It will be completed by 2018. The new connection will allow travel from the City to Canary Wharf in 6 minutes, to Oxford Street in 7 minutes, and to Heathrow Airport in 32 minutes. Crossrail will make the City an even more serious competitor to all other prestigious areas of central London.
One of the most interesting offers in the market is a multifunctional complex called The Heron. It is the only large-scale new residential project in the City that will have no competitors in the next five years.
The Heron is a collection of luxury apartments and penthouses in the heart of London. Buyers are offered exceptional quality of life, stunning panoramic views, and a unique location. The highlight of the complex is the De Luxe - Panoramic Collection of view apartments, which includes 13 spacious apartments on floors 31-34 and 2 penthouses on floors 35-36. The creators of The Heron offer apartments with exclusive interiors by leading London designers. The project's infrastructure includes a private club, fitness center, and VIP concierge service.
Nearby the complex is located the London School of Economics and the Guildhall School of Music and Drama - one of the brilliant British higher education institutions. In close proximity is St. Paul's Cathedral, the Bishop of London's residence, and an outstanding monument of the classical era. Within walking distance rises the 40-story Mary Axe skyscraper designed by Sir Norman Foster, nicknamed the "Gherkin".
Currently, the complex is in an active stage of construction, and happy buyers will be able to enjoy amazing views of the London Eye, Big Ben, and other impressive landmarks in April 2013.
Kalinka Realty
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