• Four-room apartment with 160 square meters of living space
• Second acquisition of P&P Real Estate UK Limited
• Focus on residential properties in the London boroughs of Mayfair, Marylebone and Kensington

London, 17. July 2023  - Real estate investor and developer P&P Group has acquired another apartment with approximately 160 square meters of living space for around five million British pounds in London's Mayfair district. The four-bedroom apartment is located in a prime central London location at 68 South Audley Street and occupies the entire second floor of a historic building. Extensive modernization work is planned to make the apartment ideally suited to the needs of future tenants. The apartment is located a five-minute walk from London's Hyde Park and in close proximity to restaurants, hotels and boutiques. The property was brokered to the P&P Group investment team by Wetherell Estate Agents in Mayfair, on behalf of the private vendor.

This is already the second purchase in London by P&P Real Estate UK Limited, a member of the group. Previously, the London-based company had invested a mid-double-digit million euro amount in a project in the Knightsbridge district, within walking distance of the subway station of the same name.

P&P Real Estate UK plans to acquire further residential properties in the London districts of Mayfair, Marylebone and Kensington in the coming months. The focus is on apartments and residential buildings in the luxury segment, which require repositioning in terms of architecture and construction.

"We are very pleased with this acquisition in the British capital in an absolutely prime location. Our focus is on establishing the P&P brand in the UK market and adding more London residential properties to our project portfolio," says Michael Peter, founder of P&P Group and CEO of P&P Real Estate UK Limited.  

Media contact
Jaroslaw Plewinski
PB3C GmbH
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10789 Berlin
Tel.: 030 726276 152
plewinski@pb3c.com