Northacre
Northacre is a wholly owned subsidiary of SHUAA, with a 32-year history and unrivalled track record.
Northacre is widely considered London’s leading developer of prime residential real estate. Northacre has created more than 1,000 luxurious homes in some of London’s finest residential addresses. From restoring the façade of 15 listed houses in Hyde Park to working with award-winning architects on new-build apartments in conservation areas, Northacre has always focused on significant and complex projects in prime locations. Its highly experienced team is skilled in finance, planning, architecture, construction, interior design, branding and marketing and is currently developing projects with a gross development value of over USD 1 billion.
32 Years of
Unrivalled Developments
Ocean House
The Broadway
No. 1 Palace Street
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.) |
