Investors jump through hoops for Hoola in the world’s greatest city for opportunity
- London retains status as world’s greatest city for opportunity (PriceWaterhouseCoopers)
- Royal Docks transformation will deliver 24,000 new homes and 60,000 jobs (Boris Johnson, former Mayor of London)
- New Hoola residential development provides sustainable living in the heart of a vibrant metropolis (Properties of the World)
A recent global ranking compiled by PriceWaterhouseCoopers has named London as the world’s greatest city for opportunity for the second year running. According to the report, the city’s innovation, economic clout and ease of doing business were just a handful of reasons why London remains on top.
The UK’s Brexit decision, far from being Armageddon has become one of many opportunities London can seize with PwC partner David Snell stating that the vote has created a “major opportunity” for the number one city to “work with regulators, investors and clients in order to shape a new rulebook to fit the new climate”.
London has forever been a city of innovation and the current multi-billion-pound regeneration of the Royal Docks in the east of the city is yet another opportunity for the UK capital to flourish.
The transformation, complete with Crossrail connections and Chinese company ABP London’s Asian Business District, is set to deliver 24,000 new homes and 60,000 jobs according to London’s former Mayor, Boris Johnson, who announced the proposals in March this year.
Jean Liggett, CEO of London-based visionary property consultancy Properties of the World comments,
“A lot has changed in the 161 years since the first of the Royal Docks was built. Today, the area is undergoing extensive regeneration that will transform it into a vibrant metropolis thanks to the upcoming Crossrail and Asian Business District drawing new developments and private investment in.
“Some may feel that the London market has peaked and this indeed might be true in prime central areas (zone 1) however, the Royal Docks is witnessing similar regeneration to that of the Canary Wharf which was transformed into the thriving financial district it is today. Rest assured that during and after the Royal Docks regeneration, property prices will inevitably shoot up making today the best time to invest in an opportunity.”
The opportunities that Jean alludes to include new developments such as Hoola, a sustainable residential complex in the heart of London’s Royal Docks. Available for a time-limited discounted price of £463,000, the 360 apartments will have as little environmental impact on the area as possible through the building’s insulation, as well as the use of surplus heat from the ExCel exhibition centre to provide Hoola’s heating and hot water.
The two vertically identical 23 and 24 storey towers boast stunning rippling glass balconies that surround the apartments as well as floor-to-ceiling windows providing breathtaking skyline views. Offering a range of studio, two, and three-bedroom apartments, each home will benefit from a range of facilities including a gym, resident’s business lounge and concierge services for added peace of mind. A spectacular garden is available to all residents; with soft and hard landscaping that includes semi-miniature trees and dramatic water features. Jean comments,
“Hoola is a stunning building – far superior to other high rise apartments that are being built in London. I was extremely impressed with the generous sizes of the apartments and their large balconies, tiled floors and under-floor heating. As one client said, ‘these are luxurious and spacious apartments that differ from the ‘boxes’ being sold in London.’ No surprises, he is buying. It is also only a 2 minute walk from the DLR.”
Situated within walking distance of London’s upcoming Crossrail, due to be running in 2018, and just minutes from London City Airport and the DLR, Hoola’s transport links are perfect for commuters, tourists and frequent travellers. The apartments are also a just few minutes’ walk away from the Royal Victoria Docks as well as exciting future proposals such as a floating shopping village.
For more information, please visit http://propertiesoftheworld.co.uk/ or call +44 (0)20 7624 5555