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BRATISLAVA July 16, 2018 (WBN / PR) – J & T REAL ESTATE, an investment company of J & T REAL ESTATE in the Central Europe region, is buying a plot of land at the prestigious 185 Park Street in Central London South Bank. The project will work with the local developer of luxury real estate Sons & Co. The site, which originally housed the National Grid, already has the right to build 163 apartments, approximately 8100 m2 of offices, 920 m2 of commercial space and 1,550 m2 of cultural spaces.
By this project, J & T REAL ESTATE enters London real estate market. At the same time, it is the first cooperation between J & T REAL ESTATE and Sons & Co.
185 Park Street is located in a prime location on the east side of the Tate Modern Gallery, in Great Guildford Street, Sumner Street and Park Street. There are three towers in total, consisting of two 15- and 19-storey residential buildings and a 10-storey office building with business premises on the ground floor. The project was completed by the British studio SQUIRE & PARTNERS. Future development will also include a space for culture that should be used by the legendary Shakespeare's Globe Theater. Peter Korbačka, founder and president of J & T REAL ESTATE, said: "The entry of J & T REAL ESTATE in cooperation with Sons & Co. in the prestigious center of London is important for both companies. important for us to enter the UK promoters market with such an impressive project.185 Park Street is a complex development in a sensitive territory especially in the cultural context of the city and it is also a site with a huge potential, "
Alex Stocker, general manager of Sons & Co., said:" Our future cooperation with J & T REAL ESTATE on the conversion of one of the last lucrative parcels of the South Bank is the One of the most anticipated projects in central London great enthusiasm and high expectations This ambitious project, both architecturally international and international, allows us to combine our experience of the London real estate market with the expe experience of J & T REAL ESTATE in the development of large multifunctional projects in prestigious locations in Europe. 185 Park Street is a rare and extraordinary opportunity for us, and we are pleased to have the chance to realize our vision at the right moment of the real estate life cycle.
The start of the preparatory work on the site, including the remediation of existing buildings 2018. The construction will begin in the first quarter of 2019. The implementation will last three years and should be completed in 2022.
In addition to the development of 185 Park Street, J & T REAL ESTATE will undertake construction of the building permit in the near future Southwark Park Road Nursing Site for seniors with 57 apartments. The house after being taken over by Charity United St.
J & T REAL ESTATE assisted a London-based law firm Setfords SOLICITORS with the support of RELEVANS, a law firm in the Czech Republic.
About J & T REAL ESTATE
J & T REAL ESTATE, founded in 1996, is a leading Slovak real estate company with over 300 employees, representing in three projects and projects in five countries. J & T REAL ESTATE is a private investor, developer and property manager with a value of more than 800 million euros.
Since 1996, J & T REAL ESTATE has completed more than 50 completed projects worth over 1 billion euros. more than 800,000 m² of commercial space and 250,000 m² of living space
About Sons & Co.
Sons & Co., formerly known as L & H, founded the brothers Alexander and Christian Stockers with Simon Roberts. The founders of the company have participated in the construction of over 500 homes and 50 homes in central London over the past 28 years. Son et Co. It represents nearly 100 years of collective experience, which has resulted in several successful projects in the field of acquisitions, development and design of luxury properties at prestigious addresses in London
Sounds & Co. in central London, two flagship projects of a total value (GDV) of more than 125 million pounds, of which Holborn (GDV of about 58 million pounds) and Victoria (GDV) of about 70 million pounds). By the end of this year, another Mayfair project is expected to be completed (GDV about 60 million pounds). These include three 70 luxury apartments
To learn more about the themes: J & T Real Estate, JTRE, Sons & Co. Source: Webnoviny.sk – The developer J & T REAL ESTATE buys a Upscale property at South Bank London, in cooperation with London's Sons & Co. © SITA All Rights Reserved.
Source and photo: SITA
© SITA Slovak Press Agency, operator of the webnoviny.sk news portal. All rights reserved
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