The company that owns a super luxury residential development next door to Buckingham Palace has gone into administration, Bisnow can reveal.
Partners from FRP Advisory were appointed to Palace Revive Development at the end of last month. The company owns 1 Palace Street, a 271K block in west London next to Buckingham Palace. The development comprises 72 luxury apartments, a restaurant and health centre. It has frontages on Buckingham Gate and Palace Street, and some of the apartments have views into the gardens of Buckingham Palace.