PRESS RELEASE

GII Appoints Northacre As Development Manager For Former Chelsea Police Station Project

PRESS RELEASE | 13/02/2017
GII investing 100 million pounds to develop a premium residential apartment building in London.

“Gulf Islamic Investments” LLC (“GII”) and Northacre PLC announced Northacre’s appointment as development manager for a new boutique luxury residential development in the heart of Chelsea. UAE-based GII acquired the site, which was formerly housing the Chelsea Police Station.

GII recognised the potential for the former Chelsea Police Station site before appointing Northacre as development manager. With its 25- year history of creating some of London’s most landmark destination developments including, No.1 Palace Street, The Lancaster’s and Kings Chelsea, Northacre is well equipped to create something extraordinary for the area.

Niccolò Barattieri di San Pietro, CEO of Northacre comments;
“We are excited to work with GII on this prestigious new project, in a highly desirable location in the heart of Chelsea. Northacre’s previous developments include some of Chelsea’s most sought-after residences and we look forward to creating a remarkable new boutique offering that complements the area’s distinct charm.”

Mohammed Al-Hassan, CEO of Gulf Islamic Investments comments;
“We look forward to working with Northacre which, with its unrivalled experience in Prime London property development will create an exceptional residential offering in a very special location. Choosing unique partners is always a priority for GII.”