UK group keen on tie-ups with Asian developers
Strawberry Star says it is interested in ventures with developers that have expanded to London
British developer Strawberry Star Group says it is open to co-operation with Asian and Chinese developers which have expanded into the London property market.
Gowda said Strawberry Star had deep experience in prime London properties and welcomed any joint-venture possibilities.
He said his company was a pioneer in developing property in Nine Elms, where Dalian Wanda's project is located.
"We were one of the first developers to spot the potential in London's Nine Elms shortly after the announcement that the US Embassy would move to the area, for example. Since then, a multibillion-pound regeneration has started in the area to transform it," he said.
Gowda said he noticed the growing number of Asian and Chinese projects in London targeting Chinese and Asian buyers.
More than 20 per cent of the units in the large London schemes in the development pipeline are under the control of Asian developers, according to Hanover Private Office, a London property acquisition specialist.