NEW YORK: The five hundred and ninety-second entry for the seniors housing Global Awards for 2015 has been received.
At a launch event for the 41 storeys of multigenerational living, more than 200 apartments worth a combined £140m were snapped up in just four hours: the equivalent of £580,000 of sales every minute. And the development won’t even be complete until 2019.
The scramble for Maine Tower flats came just days after the launch of another Canary Wharf development also attracted queues for properties costing from £395,000.
Maine Tower’s developer, Galliard, said the off-plan sales were made at two events – one in London and one in Hong Kong – and half the properties sold went to overseas buyers keen for a stake in the UK market. Of 230 properties offered for sale, 208 were bought in the first four hours…
