The stunning surrounds of South Bank Tower located in the heart of central London, played host to Abode2 Luxury Property Magazine’s ‘Networking in the Sky’ Summer Reception on Thursday 27th July. The spectacular event which took place on the 39th and 40th penthouse floors was held in partnership with South Bank Tower developer CIT, award-winning London-based design consultancy CID Interieur, Julian Trumper and Yongyi Neathercoat representatives of St James’s Place Wealth Management, leading currency specialists Smart Premier and our drinks sponsor De Trafford Estates.
350 invited guests from the world of property, design and interiors, media, banking and finance got together to enjoy a lively evening of property investment debate, art appreciation and networking.
While not forgetting the stunning views overlooking central London with the likes of St Paul’s Cathedral and the London Eye, the panoramic views of the luxury 39th and 40th floor penthouse, on the market for £20 million, created a unique atmosphere for guests to mingle.
A keynote highlight of the evening was an exclusive art and design exhibition – featured artists included award-winning sculptor, Ed Elliott who showcased his magnificent figurative ‘Greer’ angel, interior design consultancy Lampert and Harper, furniture fabricant Sebastian Blakely with a curated contemporary art collection put together especially for the evening by Belgravia based Luminaire Arts Gallery and Lady Dechen Chodron, founder and owner of Dechen Art.
Keynote speakers for the evening included Chris Richmond, Head of Sales at CIT, John Bushell of KPF Architects, Paresha Raj, co-owner of Luminaire Arts Gallery and Julian Trumper and Yongyi Neathercoat representatives of St James's Wealth Management.
Laura Henderson, Managing Editor of Abode2 commented: “South Bank Tower is a landmark residential development in the heart of the capital, situated on the iconic Southbank which is now an established cultural and business centre for London. It’s currently over 80% sold and interest remains strong amongst both owner-occupiers and investors.
“As a residential investment, it offers purchasers the best of both worlds - high quality product in an increasingly popular prime central location. The average price per square foot for the area is £2,000 and the average rental price per square foot is £60. CIT expect this to rise in line with the current market and these values will also be underpinned by the ongoing regeneration.
“The project is leading the way in the regeneration along this stretch of the river and is setting a new standard for high quality residential stock. It is also introducing a new lifestyle element through its world-class residents’ amenities which adds further appeal to this product offering – especially as tenants become more product focused over the right postcode.”
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