Sky Lofts at One Park Drive Prove to be Sell-Out – 03.11.23

Three Sky Loft Apartments Sell For GDV £9.5m

The three Sky Loft apartments at Canary Wharf Group’s iconic One Park Drive residential development have sold out at a combined GDV of £9.5 million.

Located on Level 32 of the 58 storey scheme, the Sky Lofts is a unique collection of two three-bedroom apartments (circa 2,000 sq ft) and one two-bedroom apartment (circa 1,400 sq ft), and offer the purchasers ‘a taste of life in the clouds’.

The buyers, all of whom are owner-occupiers, will enjoy wraparound terraces, which provide breathtaking views of the Canary Wharf’s other iconic buildings and many of London’s landmarks. Each apartment has been designed to maximise the unique shape of the building.

Despite market conditions, Canary Wharf Group’s flagship schemes One Park Drive and 10 Park Drive have enjoyed continued success. In September alone, the two schemes collectively recorded £25m GSV agreed, across 14 sales.

Melanie Conway, Director of Residential Sales at Canary Wharf Group comments: “The record speed sales success of the Sky Lofts at One Park Drive further demonstrates the continued strength of the residential offering across the Canary Wharf Estate and is a testament to the extraordinary success and momentum behind One Park Drive – which is fast proving to be one of the most successful residential new build projects in London.” 

Ryan Baxter-Richards, Associate Director, CBRE added: “One Park Drive has become renowned with prospective purchasers, not only because of its distinctive architecture and quality specification, but also because of its five-star amenities.”

“Canary Wharf Group has created a real sense of community both within the development and across the wider estate, with a compelling arts and culture scene as well as wide-ranging wellness initiatives. The development obviously has exceptional transport links, further boosted by the Elizabeth line. However, the real standout this year has been the new F&B offerings, with Dishoom and Hawksmoor, to name just a few, recently opening on its doorstep.”

Prices in One Park Drive start from £875,000.

ENDS

For further information, please contact:

Alexandra Cowley
CBRE
T: +44 (0) 7778 670 636
E: Alexandra.Cowley1@cbre.com

Notes to Editors

About CBRE Group Inc.:

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.