Orion Buys £85M London Residential Site

Orion Capital Managers has acquired a second site in London to develop a luxury residential complex.

Orion Capital Managers has acquired a second site in London to develop a luxury residential complex, PropertyEU reports. The London-based fund manager paid about £85 million for the freehold site.

The property, which is expected to be completed in 2014, was sold by DMQ Chelsea and Mainstride. The sellers had acquired the site in 2004.

Click here for the story from PropertyEU.