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Leaving a mark on London Until late into the 20th century, the ravages of wartime bombing and industrial decline had left many parts of London derelict and poorly constructed. Unattractive housing and abandoned factories close to the very heart of the nation’s capital were not only a blot on the landscape, but also a significant waste of valuable space in one of the world’s most expensive property markets. In the past 20 years, however, many of these areas have been the focus of ambitious redevelopment and rebirth. Instrumental in this process has been St. George, which pioneered such original projects long before they were backed by government policy.
St. George has grown from strength to strength ever since. Today, there are twelve major projects in the company’s property portfolio, including the forthcoming Battersea Reach development. This state-of-the-art project, which will be completed in 2005, has already attracted immense interest. Set in landscaped parkland with shops, restaurants, bars and other facilities, Battersea Reach offers innovative living solutions, breathtaking views of the river up to the Houses of Parliament and the Millennium wheel. It truly epitomises all that St. George represents: attention to detail, quality of design and unique location. For the first time in the history of the company, the project is being actively marketed in Japan and was presented for pre-sale in Tokyo over three days last February. Over the past 20 years of operation, St. George has accumulated an extensive list of satisfied customers, ranging from investors to owner-occupiers. “We are seeing record levels of repeat customers,” assures executive director Gregory Fry, “Many chose to upgrade to a bigger space when our developments expand”. Indeed, the initial plan is often just the starting point of the project. In the St. George Wharf development, for example, which has been a success on the south side of Vauxhall Bridge, the company has just applied for planning permission for the tallest residential tower in Europe. “Our vision is to make the properties evolve along with their inhabitants, to create a modern and innovative place to live, work and relax.” This philosophy has attracted a wide range of interest. While the main customers are UK citizens, developments are also very popular with Far and Middle Eastern buyers, as well as Americans and Russians. “London is an international market,” concludes Fry, “ and property here has always proved a good long-term investment. We expect this to continue, and to remain a leading player in providing the very best housing experiences.”
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