Lancasters Facade Retention by Northacre Plc

Northacre plc is a British property company that develops luxury apartments in London, and is 69% owned by

Abu Dhabi Financial Group Abu Dhabi Financial Group (ADFG) is a global investment management group, headquartered in Abu Dhabi. History Founded in 2011, ADFG is headquartered in Abu Dhabi's Abu Dhabi Global Markets (ADGM), with offices in Dubai, London, Eastern Europe, ...

(ADFG).

History

Northacre was founded in 1977 by the German architect Klas Nilsson, with Nilsson Architects, which he founded in 1975, becoming a wholly owned subsidiary. As of 2015, he is the non-executive chairman.

(ADFG) acquired 68.84% of Northacre, which it owns via Spadille Limited, a Jersey-registered investment vehicle.

Developments

Northacre owns

The Lancasters The Lancasters is a residential development in London, England, with 77 apartments, the majority of which face south with views onto or across Hyde Park, London, Hyde Park. History The building was originally a terrace of 15 stucco-fr ...

, a development of 77 apartments in

Bayswater Bayswater is an area within the City of Westminster in West London. It is a built-up district with a population density of 17,500 per square kilometre, and is located between Kensington Gardens to the south, Paddington to the north-east, and ...

, which was originally a terrace of 15 stucco-fronted Grade-II listed mid-nineteenth houses. Northacre has submitted plans to redevelop New Scotland Yard, the

Metropolitan Police The Metropolitan Police Service (MPS), formerly and still commonly known as the Metropolitan Police (and informally as the Met Police, the Met, Scotland Yard, or the Yard), is the territorial police force responsible for law enforcement and ...

headquarters, which was bought by ADFG in December 2014 for £370 million, into luxury apartments.

References

{{DEFAULTSORT:Northacre Property companies of the United Kingdom Companies based in the London Borough of Wandsworth Construction and civil engineering companies established in 1977 1977 establishments in the United Kingdom Real estate companies established in 1977