Russian Bank VTB seems prepared to begin building residences in the Hammersmith, London. The amount of investments in the project will approximately make up 130 million pounds ($260 million). This is quite enough to construct a 200 apartment residential complex with the area of 50 to 100 thousand square meters.
Hammersmith is known as a district of business-class residences. The most popular apartments in Hammersmith are sold at 340 thousand pounds, while the average price on a one–bedroom apartment is 450 thousand pounds.
source:
www.lenta.ru
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Russian bankers turn to building real estate in London
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