Luxury real estate developer DICO UK Property Holdings Ltd, a wholly owned subsidiary of Dubai-based Damac International Limited, on Monday announced the launch of the first of its fashion residences in London.
The lobby, amenities and interiors for each property in the 50-storey, 360-unit project will be designed and fitted out by Versace Home.
Amenities will include a gymnasium, indoor swimming pool and spa, an owners lounge, children’s play area, roof garden and cinema, all designed by Versace Home.
Aykon Nine Elms is located at the heart of the UK capital’s Nine Elms regeneration area adjacent to Battersea, overlooking the River Thames. The tower is due for completion in 2020.
Aykon Nine Elms will be the first private residence project of scale in London to be fully designed and conceptualised by a luxury fashion house, with Versace involved in all aspects of interior design.
Gian Giacomo Ferraris, CEO of Versace said: “Today, thanks to the collaboration with DICO UK Property Holdings Ltd and Damac – a developer who we have worked with for many years and who shares our vision for the highest standards – we bring the ultimate expression of Versace’s lifestyle to the very heart of London”.
“There is a huge appetite from our current global customer base for luxury property investments in London,” said Hussain Sajwani, Chairman of Damac.
“Aykon Nine Elms presents an unrivalled opportunity for them to access the stable and established London market. It also presents prospective buyers with an unrivalled opportunity to own a luxurious central London home, in close proximity to the luxury shopping destinations of Knightsbridge and Mayfair, Chelsea and the planned Linear Park,” he added.
London continues to be one of the most sustainable real estate markets in the world, with solid year-on-year price growth of about 6 percent, according to real estate advisory firm, JLL.
Aykon Nine Elms combines a mix of premium penthouses, three-, two-, one-bedroom and Manhattan Studio units with City and River views along the Thames to the Palace of Westminster and the London Eye.