CAUDWELL: PROPOSALS INVITED FROM SELECT NUMBER OF PROSPECTIVE AUDLEY SQUARE HOUSE DEVELOPMENT PARTNERS

JOHN CAUDWELL
@johndcaudwell

PRESS RELEASE

October 20, 2011.

CAUDWELL: PROPOSALS INVITED FROM SELECT NUMBER OF PROSPECTIVE AUDLEY SQUARE HOUSE DEVELOPMENT PARTNERS.

A division of John Caudwell's property investment and development business has agreed a deal to acquire Audley Square House on South Audley Street in Mayfair. The site has planning permission for residential apartments in excess of 150,000 square feet.

John Caudwell said: “This is an exciting opportunity to develop super-prime residential property in the heart of Mayfair, but there are a number of significant obstacles which need to be overcome. Although we are intending to take a considered and unhurried view on how best to progress, the key process of inviting proposals from a select number of prospective development partners has already begun.”

Ends

Further information:

Iain Macauley

07788 978800

im@pressrelations.co.uk