News
GB Buys Again in Greenwich
November 12, 2007
GB Developments has purchased a 34 unit 10th Storey building which forms the final phase of Bellway’s Rubicon development.The Building comprises 3 one bed and 31 two bed apartments,the majority of which benefit from balconies and stunning views.The building has 31 allocated car spaces and is due for completion in March 2009.
Managing Director,Simon Grace,commented “It’s unusual to find a building which ticks so many boxes in terms of criteria for purchase.Ideal sized units,outside space,transport links,regeneration potential,stunning views,proximity to establised shops,restaurants and the acres of Greenwich Park all combine to make an extremely attractive proposition. It’s likely that this building will form a large part of our central London investment portfolio and in due course we will approach a number of operators who may well take the whole building on a long term rental basis”