Reubens gain Piccadilly 'super-prime' residential consent
Posted by:
Victor Pardis on
1st May 2013

Westminster council has approved the
brothers’ Aldersgate Investment Management’s Paul Davis & Partner
plans for the historic site, turning it into one of the UK’s most
expensive homes.
In 2011, the billionaire Reubens bought the
Grade 1-listed mansion 94 Piccadilly as part of the Piccadilly Estate; a group
of six properties in the heart of Mayfair for £130m. The former home home of
the Naval & Military Club was better known as the In & Out club.
The plans will see the site at 94 Piccadilly
redeveloped as a circa 60,600 sq ft single home that it is thought could sell for
in excess of £200m, a UK record.
Separate applications to convert 95
Piccadilly into a 1,400 sq m home, and turn 90-93 Piccadilly into six
apartments and retail space were also approved by Westminster.
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