London’s celebrity party haunt Kensington Roof Gardens has been sold to the German Conley family for a £225m.
The family, which owns the Liberty department store building on Regent Street and Manchester United’s London office in Mayfair, is believed to have outbid Middle Eastern and other European investors by exceeding the asking price by £25m.
The Grade II listed building on Kensington High Street was made famous for its former flamingos and is best know for its fruit trees and a fish-filled stream. It hosts the annual pre-Wimbledon tennis party and holds exclusive parties for celebrities like Richard Branson, Mick Jagger, Marc Bolan and David Bowie.
More for you:
Register for our free newsletter
For up-to-the-minute insights, news and gossip for London professionals and business leaders
The London Business Summit: Thriving in London, Tuesday 25 June 2013
Discover opportunity, explore innovation, drive long-term profits
Speakers include Martha Lane Fox, Alastair Lukies, Julie Meyer, Mike Butcher, Jo Valentine and many more