Greenwich Peninsula: a new way to live in London
Riverfront apartments are now available at London's largest single-owned development project from Hong Kong's Knight Dragon.
[Sponsored Article]
One of Europe's largest urban regeneration projects is well underway and already welcoming its first residents. The £8.4 billion (HK$92.7bn) Greenwich Peninsula in London is transforming 150 acres of former docklands into a vibrant mixed-use district in the east of the UK capital.
Surrounded on three sides by the River Thames, this ambitious development includes seven residential neighborhoods, waterfront promenades, abundant green space and a cutting-edge Design District that will establish Greenwich as a new hub of innovation in Europe.
Greenwich Peninsula is the latest project from Knight Dragon, the development team founded and backed by Dr. Henry Cheng Kar-Shun and led by Sammy Lee. Their previous London project, The Knightsbridge, was named Residential Development of the Year at the 2006 Property Awards, and this new project follows the same lifestyle-led approach.
Covering an area twice the size of Soho, the entire regeneration is expected to take over a decade to complete, although four residential neighborhoods are already on track for completion in the next few years. Research from Jones Lang LaSalle (JLL) forecasts that property values and rental growth in this new district will outperform the Central London average over the next five years, making Greenwich Peninsula a hot ticket for local and oversea property buyers.
