Not sure what to make of this:
China's R&F Commits to London Landmark After £770 Million Financing
The UK arm of Hong Kong listed developer Guangzhou R&F Properties has committed to completing the £1 billion One Nine Elms development on the south bank of the Thames in 2023 after securing a £770 million financing.
One Nine Elms will comprise two towers, the 57-storey City Tower, which will have 334 for-sale residential units, and the 42-storey River Tower.
R&F has agreed a £770 million-plus financing package for One Nine Elms that will provide the expected funding necessary for full completion, due in November 2023.
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The River Tower will have a 203-room five-star Park Hyatt hotel and 103 Park Hyatt-branded luxury apartments that will benefit from all the hotel amenities, including a swimming pool, 24-hour concierge, sky lounge and terrace.
It will be the first Park Hyatt Hotel in London and the first Park Hyatt-branded residences. R&F developed the Park Hyatt, Ritz Carlton and Conrad hotels in Guangzhou, China.
“Middle Eastern royalty (especially in the summers)” may be staying in those Hyatt residences. ONG prices being what they are, interest rates being what they are and will be, declining wealth effect in many a high income country, and the lockout on Russia combined together has implications on sales and who the buyers are in London.