NEWS

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Building & Banksy Investment

Daria Makarova 21 September 2016 at 18:09

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Prime Portobello Road freehold with a Banksy on the side sold on behalf of private, celebrity, family owners. The site was acquired by an established Mayfair based property development and investment group, Enstar Capital.

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A substantial but undisclosed amount was paid by Enstar Capital during what proved to be difficult negotiations due to an unverified peice of streetart by Banksy - arguably, the artwork was of equal value to the entire freehold!

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Dealing once again with high emotion as with any sale of anything which holds centimental value to the family.

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Charles Benjamin Associates obtained competing offers predominantly from local landlords and investors.

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Daria Makarova