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26

London Home Overlooking Buckingham Palace Sells for $30 Million

By Tony Seruga

No.1 Palace Street Buckingham Gate facade.

No.1 Palace Street Buckingham Gate facade.

Source: APR Communications

Developer has sold 29 of 72 apartments before construction
Most buyers from Middle East, Africa, Northacre CEO says

A London apartment that will overlook Buckingham Palace was bought for 20 million pounds ($30 million) before construction of the building has started, the project’s developer said.

Northacre Plc, the luxury-apartment developer 70 percent owned by Abu Dhabi Financial Group LLC, has sold 29 of the 72 luxury residences at No. 1 Palace St. in six months, Chief Executive Officer Niccolo Barattieri di San Pietro said in a conference on Wednesday. He didn’t identify the buyers…

London Home Overlooking Buckingham Palace Sells for $30 Million

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