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On Hyde Park Corner, a 1960s office block has been razed to the ground to make way for combined hotel/residences scheme The Peninsula, a joint venture between Grosvenor Britain & Ireland and The Hong Kong and Shanghai Hotels.

Its 24-28 luxury are apartments due for completion in 2020/2021. “It will be a landmark development which continues the trend for luxury homes with hotel room service,” comments Christian Warman, director of Tedworth Property.