The final apartments at CIT’s 41-storey building South Bank Tower have been sold in one deal to an international investor.
South Bank Tower (formerly King’s Reach Tower) was purchased without planning permission in a joint venture with Jadwa Investment in June 2010, and delivered a residential, retail and office redevelopment. CBRE and Savills have been handling residential sales.
CIT, acting as development manager for South Bank Tower Limited, turned the 31-storey 1970s block into a 193-unit luxury residential scheme.
