Qatar First Bank (QFB), Qatar’s first independent Shari’ah compliant bank authorized by the QFC regulatory authority, announced the sales launch of its luxury townhouses and apartments in its real estate development in Leinster Square, Central London W2.
The launch event was held at QFB’s offices in Doha and attended by a select group of investors and clients of QFB who were offered the exclusive opportunity to buy townhouses and apartments in this prestigious development. Leinster Square is located in London’s Bayswater area, just minutes away from Hyde Park.
The launch of sales of Leinster Square builds on the success of QFB’s first real estate project in the same area of Bayswater which was launched in March this year and consists of 20 luxury apartments including a duplex penthouse and underground car parking in Westbourne Grove, Central London W2.
Abdullah Al Marri, QFB’s Chairman, said: “We are delighted to be able to offer our second project to our clients and investors. The project is being marketed in Qatar first on a priority basis before it is marketed anywhere else. The homes on offer are well-suited to Qatari and Gulf clients looking for a family home in London, or for investment. The location is excellent and we expect them to sell fast. QFB is planning further developments in Central London and our strategy is to always keep the requirements of the Qatari and Gulf families in mind”
The project is being managed by Alchemi Group, a London-based residential property developer. The development consists of six three-bedroom apartments and five townhouses. The homes will be fitted out to the highest standard of luxury throughout, and all units (including townhouses) will be serviced by a 24-hour concierge service. All homes will have south-facing views over the private garden square and will have access to the garden via a private gate directly opposite the development. The completion date is expected in mid-2015.
Jonathan Whittle, Head of Sales for Alchemi, said: “This is an exceptional opportunity to acquire a home in this prestigious project, with the price locked-in today. There is a severe shortage of quality housing in London, particularly in Notting Hill, and we expect strong demand for these units.”