Northacre
Northacre is a wholly owned subsidiary of SHUAA, with over 30 years of history and an unrivalled track record.
Widely regarded as London’s leading developer of prime residential real estate, Northacre has delivered more than 1,000 luxurious homes in some of the city’s most prestigious addresses – and now also in the UAE. From restoring the façade of 15 listed houses in Hyde Park to collaborating with award-winning architects on new-build apartments in conservation areas, Northacre has consistently focused on significant and complex projects in prime locations.
Its highly experienced team brings expertise in finance, planning, architecture, construction, interior design, branding and marketing, and is currently developing projects with a gross development value exceeding USD 1 billion.
Over 30 Years of
Unrivalled Developments
Delano Hotel, London
W Residences, JLT
Ocean House, Palm Jumeirah
The Broadway
Vicarage Gate House
The Lancasters
Park Street
The Phillimores
Kings Chelsea
The Bromptons
Earls Terrace
Observatory Gardens
Past Projects
| Real Estate Development | Dates | GDV | Area | Value/ sq ft | IRR Equity |
|---|---|---|---|---|---|
|
Observatory Gardens |
1992-1995 |
£35m |
70,000 |
£500 |
41% |
|
Earls Terrace |
1995-1999 |
£100m |
120,000 |
£833 |
23% |
|
The Bromptons |
1996-2000 |
£100m |
125,000 |
£800 |
39% |
|
Kings Chelsea |
2000-2004 |
£250m |
350,000 |
£714 |
18% |
|
The Phillimores |
2001-2005 |
£173m |
130,000 |
£1,331 |
34% |
|
Park Street |
2004-2007 |
£32m |
20,000 |
£1,600 |
38% |
|
The Lancasters |
2006-2011 |
£470m |
192,000 |
£2,448 |
57% |
|
33 Thurloe Square |
2012-2014 |
£20m |
6,832 |
£2,927 |
43% |
|
Vicarage Gate House |
2008-2016 |
£125m |
42,000 |
£2,976 |
12% |
|
13/14 Vicarage Gate |
2014-2017 |
£32m |
14,580 |
£2,194 |
29% (est.) |
