Advertorial
London’s reputation for capital preservation and stable returns in the residential property market remains unassailable, despite global uncertainties. As a result, it remains a top choice for property investors seeking steady income and long-term investment and capital growth.
Says Dr Andrew Golding, chief executive of the Pam Golding Property group: “This is underpinned by the fact that London’s population is growing at an exponential rate, with over a third of the city’s 3.7 million households renting accommodation. Coupled with this, London’s appeal to the younger generation continues to grow, with an estimated annual inward migration of 80 000 in coming years, amplifying rental demand.”
“On the back of this demand for accommodation, City & Docklands Property Group, which has over the past 25 years set the benchmark for delivering high-quality property investments in London, has brought to market North Kensington Gate. This mixed-use development is set within the latest regeneration district in West London – the Old Oak and Park Royal development area – with a GBP26 billion investment which will transform into a vibrant 650ha neighbourhood providing a total of 25 500 homes and 65 000 jobs over the next 25 years, with forecasts showing the area will see an almost 30% increase in house prices in the five years to the end of 2028.”
Chris Immelman, Head of Pam Golding International, advises that, worldwide, developments in regeneration areas have long been regarded as the sweet spot for investors, with early adopters enjoying above average capital growth, together with strong income potential. CEO of City & Docklands, South African-born Gary Sacks, has successfully completed 18 developments across London, including the highly successful Canary Central development at Canary Wharf in the Docklands regeneration project. Says Sacks: “With their experience and success in bringing London developments to the South African market, it was a logical decision to appoint Pam Golding International to market NKG.”
Less than a nine-minute walk from NKG will be the most technologically advanced rail network and transport hub in the UK. Due to open in 2029, Old Oak Common will be comparable only to London Waterloo, with commuters within approximately 10 minutes of major stations, with high-speed rail services linking to central London and Heathrow, and throughout the UK. Close by is Westfield Shopping Centre – Europe’s largest shopping centre – and the new campus of Imperial College London, ranked amongst the top 10 universities in the world.
Due for completion in 2025, NKG comprises 150 luxury units with studios and 1-, 2- and 3-bedroom apartments, ranging in size from 40 – 125sqm, all with underfloor heating and a balcony or terrace. Residents will have access to a landscaped roof terrace and co-workspace, a 24-hour concierge, and benefit from a gym, café and restaurant across the road. Furniture packages are available for a cost effective set-up of units.
NKG is a compelling investment offering with its prime location, transportation connectivity, rental income potential, developer expertise and potential for growth in property values.
Kim Faclier | 082 554 6295
Brian Gradner | 082 361 4381
For further information contact Brian Gradner and Kim Faclier | email london@pamgolding.co.za
