on P&P London
P&P London expands its property portfolio in Notting Hill
P&P London recently acquired a luxury property in Notting Hill, a popular area of London. This 5,000 square foot property will be renovated into a spacious family home on Strathmore Gardens. Launched in 2023, this subsidiary of the German P&P group focuses on the London market.
The property's location near Hyde Park and Kensington High Street provides easy access to various amenities. Notting Hill Gate station also offers an excellent connection to the central tube lines. The house includes an internal garage, a rare asset in central London.
Since its launch, P&P London has invested millions in key locations including Knightsbridge and Chelsea. For 2024, the company plans to invest around £100 million in residential development in London. According to Michael Peter, Managing Director, this acquisition aligns with the company's strategy to revitalize and modernize properties in the capital.
Optimistic about the future of the London property market, Peter sees a unique buying opportunity in the current consolidation phase. The purchase of the property in Notting Hill, carried out exclusively with equity, demonstrates P&P London's ability to move quickly in the market.
R. P.
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