January 2013 11-15 Arlington Street is now known as Ryger House, 11 Arlington Street. We are shortly about to award the Shell & Core Contract, which will see a physical start on site at the end of February. Detailed work will then begin on the Fit Out Contract and Interior Design with an estimated date of Practical Completion of September 2014.
Acquisition of 11-15 Arlington Street in St James's, SW1
April 2012 The Smedvig family of Norway have successfully acquired a prime development site for just in excess of £20m on Arlington Street in St James’s, SW1 with Bill and Douglas Higgins’s London & Aberdeen Group acting on their behalf. 11-15 Arlington Street is going to be developed out by London & Aberdeen partly for Smedvig’s own occupation, in addition to five luxury, lateral apartments. Tucked away in a quiet cul-de-sac 50 m from The Ritz Hotel, opposite Le Caprice and bordering Green Park, this exclusive location has proved to be extremely desirable offering a peaceful street in the heart of the West End and prime St James’s.
The eventual £37m scheme was acquired from Newthorn Properties Ltd and the Irish Government agency, NAMA. Savills acted on behalf of Newthorn/NAMA.
CGI of the front elevation of 11-15 Arlington Street
"Innovation and Integrity"
The Higgins family have been active in the UK real estate market for over thirty years.
The London & Aberdeen Group is the holding company for some of the Higgins family real estate
ventures which run alongside and are complementary to a number of other
entities including HPM (Higgins Project Management) and Natalia Design
Track Record: Over thirty years experience with an unblemished and excellent track record in most aspects of UK real
estate. Please see the Projects section for details.
Expertise: Planning and
development expertise where we invest time, effort and money with innovation and
apply the best team for each project.
New Business: We are now seeking buildings, sites, companies and opportunities to invest in or re-finance and reconstruct. In addition, we are seeking to acquire from banks packages of loans secured on real estate which have some medium term potential. We have experience of successful transactions with Barclays as the lead bank and reconstructing troubled companies.
We have long established good relations with ongoing business associates, investors, and professionals including many banks, lawyers and agents. We will give confidential
responses almost immediately to any enquiries on new business. We are not interested in dry, 'plain vanilla' investments or just ‘buying the market’.
The London & Aberdeen Group is in a fortunate
position of having no financial problems or hangovers from the last cycle, as
we read it well and successfully sold completed projects and companies.We are ready for this next
cycle and equity funds are available for new projects from £5 million up to
£100 million plus, with partners.
Now with stretched public
finances and some banks still in difficulties, even greater expertise is needed
to take advantage and profit from the evolving real estate market.The timing, location,
product, vehicle, financing and innovation are even more critical in this
We have a highly motivated
family team with many expert and trusted associates to grow the business