The essential journalist news source
Back
15.
August
2014.
Royal purchasing of Mayfair Property ‘a huge yet profitable investment’, says London Removal
 Royal purchasing of Mayfair Property ‘a huge yet profitable investment’, says London Removal

 

One of the leading moving specialists in the South East, London Removals, responds to news of the Queen and Norway’s sovereign wealth fund getting in on the Capital’s property scene.

 

In the latest Royal news, property seems to be the bill at the moment with news that the Queen’s property company has secured 6.4% of the Pollen Estate from the Church Commissioners for England, at a staggering price of £381m. Together with Norges, Norway’s sovereign wealth fund who currently owns 57.8% of the estate, The Crown Estate look set to have made a profitable move in light of the massive property price influx that London has experienced over the last year.

 

Both parties fought off rival bidders to secure the latest investments which are set to see sizable returns for both the Queen and the sovereign wealth fund. One of those bidders is the influential Hong Kong Billionaire Peter Woo and his investment enterprise Wheelock.

 

As a leading property movers based in the nation’s capital, London Removal reacts on a regular basis to industry news, studies, reports and relevant research within the removals and property market. A company spokesperson was keen to point out the significance of the Monarchy’s interest in property investments:

 

“It is great news to hear that the Queen’s very own property company, The Crown Estate, has been successful in securing a sizable percentage of shares from the Pollen Estate. It means that ownership of some of Mayfair’s prime property stays British and will prove to be a sizeable investment with great returns.

 

“Although, as reputable a company as we are, servicing the needs of customers on an international and nationwide basis, we find the news of monarchical ownership quite exciting, with great feelings of positivity for London’s future, when you have the Queen placing her investment in the property scene.”

 

London Removal has a long history of relocating families and households across the nation and has even provided their services for Mayfair property owners in the past:

 

“Yes, we have had the honour of providing moving services for a number of London’s elite VIP’s throughout our illustrious career as leading professional movers. Both internationally and domestically, we have a wide portfolio of clients; however the majority of moves that take up our weekly work are from everyday families moving to and from London.”

 

As a company brimming with expertise within the removals and relocation industry London Removal provides a comprehensive solution that covers every aspect of a move, from the initial planning, packing and removal of items if necessary. Established specialists, whose services are insured to offer peace of mind, London Removals offer a range of solutions via their website at www.london-removal.co.uk. Contact them today for a free quote.