Chinese commercial property and entertainment conglomerate, The Dalian Wanda Group, has appointed CBRE and Strutt & Parker to market its One Nine Elms project.
Situated on the banks of the River Thames, central to the Nine Elms regeneration project, the 1.13 million sq. ft. scheme will comprise a prime residential offering of 436 high-quality apartments and a 5* star Vista hotel offering a panoramic views across the London skyline.
Set to launch in 2015, the One Nine Elms project comprises of two towers, and will become one of Western Europe's tallest residential developments, with the City Tower set to reach 199.9 meters in height, the project is set for completion in late 2018.
Michelle van Vuuren, UK Sales & Marketing Director, at Wanda One, commented:
“We are pleased to announce CBRE and Strutt & Parker as the appointed agents on Wanda's One Nine Elms prime residential development in this exciting new destination in the Capital.”
Luke Mills, Executive Director at CBRE Residential, added: “London's Southbank is arguably one of the most exciting property stories this decade and in the hands of Dalian Wanda the One Nine Elms development is perfectly poised to capitalise on the increasing sentiment for high-quality new-build development with impeccable services and amenities.
“This development's close proximity to the City and West End provides a rare opportunity in which homebuyers can purchase a new home, with both river and London skyline views, in a formerly under-utilised region which is expected to enjoy record growth both in population and property values.”
Mark Dorman, Head of London Residential Development and Investment at Strutt & Parker, said: “Nine Elms has many exciting developments due to be delivered over the next few years, and what has been a primarily industrial area is about to change. However, One Nine Elms will set a new standard not only for the immediate area but for London.”
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