Despite rumours that apartments aren’t selling, developers are happy with number of completions
At least £900m worth of sales have now been completed on the £1bn One Hyde Park development in Knightsbridge, according to Nick and Christian Candy, despite speculation that apartments were not selling.
As Building went to press, Nick Candy, chief executive of interior design group Candy & Candy, said: “In the last three weeks alone, over £900m worth of deals have now been completed.” This figure has previously only been linked to exchanged deals.
Richard Williams, director of Project Grande (Guernsey), the client of One Hyde Park, said: “I can confirm that completed apartment sales at One Hyde Park now stand in excess of £900m and are in respect of more than 60% of the development.”
Most press reports following the building’s launch in January have claimed that only two apartments, which range from a £6.5m one-bed to the £140m penthouse, had been sold and that it looked unlikely many more deals would follow.
Christian Candy, chief executive of CPC Group, developer of the project with Waterknights, said speculation was fuelled by secrecy surrounding the super-rich buyers.