Marsh & Parsons

The Marsh & Parsons Developments and Investments team provides a comprehensive advisory, disposal and acquisition service to developers, investors and institutional bodies providing independent advice on site acquisition, the progression of the scheme, pricing and the implementation of the most innovative and appropriate launch programmes to the market.

In this market, it’s all about how we position our clients, particularly when a large majority of these individuals and corporate decision-makers have their own homes in Kensington & Chelsea. Yes, we’ve looked at the Notting Hill and Holland Park area in some detail during the first few months of 2008 and, for us it’s clearly a period of signifi cant opportunity. Why? The market has taken an adjustment over the last 4 – 6 months – this surfaced initially with too much investment into commercial property and was further supplemented by the ‘credit crunch.’ It is the very nature of these obstacles that has suddenly released enormous value in our market as they do not threaten any of the longer term stability trends that will continue to drive Prime London Residential – desperately low supply and the positive outlook for interest rates.

How do we do this? With more available stock and prices that have softened over recent months we offer products that limit short-term exposure and maximise longer term gain as the market re-establishes its momentum. These can be anything such as our mixed use scheme along Portobello Road with planning to develop the residential element, whilst enjoying revenue from the commercial, to ‘off-plan’ sales at a discount with low deposit requirements or guaranteed rental yields. The opportunities are clear. It’s all about how you structure things and that is our business! The Marsh & Parsons Developments & Investments team advise on all aspects of residential property in and around Kensington & Chelsea – development and investment, sales and acquisitions.

By Adam Stackhouse, Head of Developments & Investments