18th August 2015
Pippa Beesley, Construction Partner, looks into the added layers of complexity developers could face.
The latest property tie-up with a Dubai developer and fashion house Versace offers a new opportunity for developers looking to build prime property in the capital
For many, Dubai is the world’s capital of luxury and wealth. It is a place where brands and branded goods are important and big business. Therefore it only seems right that Dubai hosts some of the world’s most stylish, fashion-forward homes – Prada, Versace and now Bulgari have all designed the interiors of some of Dubai’s newest and most exclusive apartments.
Now it seems Dubai developer Damac International is bringing a slice of this Middle Eastern branded luxury to London, partnering with Versace to build 360 flats in the so-called ‘Jenga’ tower in Nine Elms. The development is set to open in 2020 and some of the flats will sell for around £4 million. It has been reported that the property buyers will be flown out to Milan to discuss the interior design with a Versace consultant. The Italian design house, famous for its OTT eighties style, will be in charge of all details – right down to branded taps, tiles and tableware.
The full article can be read in Construction News magazine or on their website.
Sophie Banks discusses the employer reference and how it has diminished over the years to minimise the risk of a claim being made
Most company and business sales will involve the Sellers giving a series of warranties (statements) to the buyer in connection with the company, business and assets being acquired
As Easter moves between mid-March and mid-April, Andrew Knorpel looks at the reasonably regular Easter quirk