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Penthouse sold for record £140m

A PENTHOUSE at London's most exclusive address has reportedly been sold for a record £140 million.

Penthouse D at One Hyde Park was sold to an eastern-European buyer.

Christain Candy's CPC group confirmed that it had sold the penthouse apartment but did not reveal the sale price or buyer.

A spokeswoman said: "CPC Group is not able to comment on the sale price or the purchaser. However, global professional valuation companies have valued the finished penthouse at circa £160 million-£175 million."

The development consists of 80 flats in four pavilions in a prime location in the UK capital with views across the city and Hyde Park.

The penthouse was designed by architect Richard Rogers, with management and interior design by Candy & Candy.

Nick and Christian Candy bought the Knightsbridge site of the former 1950s office block Bowater House in 2004 for £150 million.

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