Santos Knight frank unveils london’s Chelsea Creek
Leading property consultant Santos Knight Frank recently introduced London’s prestigious waterside development, Chelsea Creek, to Manila after its appointment as the exclusive Philippine sales agent by the Berkeley Group, one of the largest luxury property developers in London.
The project was launched at a glamorous evening affair at the Shangri-La at The Fort, where Santos Knight Frank partnered with the British Embassy Manila. The evening was hosted by Rick Santos, chairman and CEO of Santos Knight Frank, with Ambassador Daniel Pruce as the guest of honor and keynote speaker.
Chelsea Creek is a prestigious waterside development by St. George, which is part of the Berkeley Group which specializes in highquality developments in London and the South East of England. Chelsea Creek is situated in prime central London, along the banks of the River Thames. Together with the neighboring development Imperial Wharf, also by St George, Chelsea Creek has been transformed from a brownfield site into a thriving riverside community which put this part of Chelsea riverside on the map.
“Chelsea Creek is the ideal residential investment in London due to its close proximity to the UK’s topnotch schools, shopping and leisure destinations, tourist landmarks and the River Thames. From an investment standpoint, Chelsea Creek’s location on an emerging regenerated area in Fulham sets the stage for stronger property values and future yields as the neighborhood becomes further developed,” says Rick Santos.
Over the last 25 years, Santos Knight Frank has brought in many of the country’s biggest institutional investors and brokered key commercial real estate and investment deals. The partnership with the Berkeley Group, a FTSE 100 company, further strengthens Santos Knight Frank’s market leadership in cross-border investment transactions and highlights the firm’s commitment to promoting high-end residential opportunities in the UK for Filipino investors.
“Located in one of London’s key regeneration areas, average price-per-square-foot values across Chelsea Creek have typically offered investors good value, considering its Zone 2 location and proximity to central London. Berkeley is best in class at positive place making and creating exciting new areas to live,” says Jonathan Lebrett, Knight Frank residential business associate.
According to Lebrett, there is strong demand for London property thanks to the sustained appeal of the British pound, the UK’s transparent legal system and prevailing low interest rates.
The mainstream residential sales market in London is forecasted to increase by 13.1 percent between 2018 and 2022, according to Knight Frank. Meanwhile, residential rental rates in London are anticipated to rise by 15 percent over the same period.
For inquiries about Chelsea Creek and UK residential investments, call Kim Sanchez at kim.sanchez@santos.knightfrank.ph or 0917.537.9650, or Toby Miranda toby.miranda@ santos.knightfrank.ph or 017.807.7495.