Lodha, the luxury property developers behind two of London’s most sought-after addresses, has launched its Penthouse and Terrace Collection at super-prime residential development Lincoln Square, near Covent Garden. As part of Lodha’s ambition to deliver residents unparalleled lifestyle services once Lincoln Square which will open later this year, it will be introducing St Amand to the UK market for the first time. Alongside this in-house hospitality and management subsidiary Lodha has also appointed Stéphane Palluault, previously Resident Manager at the famous private members club The Royal Automobile Club, as the General Manager of Lincoln Square.
The Penthouse and Terrace Collection, newly launched to market, consists of two penthouses and four sub-penthouses with rooftop terraces boasting far-reaching views of the London skyline, including St Paul’s Cathedral and the City of London. Continuing its commitment to working with only the best-in-class leading experts from across the globe, Lodha has collaborated with 1508 for the interior design of the penthouses. The two penthouses are situated in the South and West Wing, and measure 2,860 square feet and 3,201 square feet respectively.
Lincoln Square General Manager Stéphane Palluault has been appointed to this new role following a rigorous selection process, in line with Lodha’s ambition to consistently exceed residents’ expectations to deliver the very best hospitality in the market. Working alongside the team at St Amand, Stéphane Palluault will deliver a range of lifestyle services, such as a personalised 24 hour Concierge for the most sought-after shows and events, wellness facilities & beauty treatments to promote emotional & spiritual wellbeing, a clubhouse to foster a sense of community focused on cultural and educational exchange, that seamlessly complement the residents’ daily living at Lincoln Square.
“I am delighted to have the opportunity to be part of the Lincoln Square project at this exciting time,” says Stéphane Palluault, General Manager of Lincoln Square. “The Lodha product is truly exceptional, and the in-house service arm will revolutionise the residential hospitality concept. The team and I really look forward to welcoming the residents to their new homes and cater to their every need with an incomparable level of service year-round.”
Lodha UK Co-CEO, Gabriel York says, “At Lodha we pride ourselves on working with world leaders, from design, architecture and hospitality. That is why we are launching an in-house hospitality service rather than outsourcing to external management agencies, to ensure that we can adhere to our exacting and unrivalled standards.”
Lincoln Square, which is situated on a rare island site bridging the areas of Covent Garden to the west and the City of London to the east, has demonstrated robust buyer confidence within the super-prime UK property market, despite recent weaker market sentiment. To date, two thirds of units have sold ahead of completion at the beginning of 2019, including the recent sale of its subpenthouse achieving £3,200 per square foot.
Alex Rusling, Sales Manager of Lincoln Square says,
“It has become increasingly clear from the interest and sales at Lincoln Square, which continues to go from strength to strength, that buyers in today’s market conditions are seeking genuinely unique properties in desirable locations with an inherent under-supply. As we move closer to completion, we expect this confidence and interest to increase significantly as buyers get to really see and understand the attention to detail and character that Lincoln Square offers.”
Lincoln Square has seen collaborations with some of the world’s leading architects, interior designers and landscape gardeners. The 17,000 square feet of amenities for the project have been designed by Spanish architect and designer Patricia Urquiola and comprise a 25-metre swimming pool and spa (with vitality pool, ice & mist showers, sauna & steam room), state-of-the-art gym, private club and library, 24-person private cinema room, private dining room, as well as snooker and children’s play area.
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