{"id":706,"date":"2015-08-23T00:00:00","date_gmt":"2015-08-23T00:00:00","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/us-uk-relations-tested-by-london-property-deal\/"},"modified":"2018-10-05T10:56:30","modified_gmt":"2018-10-05T10:56:30","slug":"us-uk-relations-tested-by-london-property-deal","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/us-uk-relations-tested-by-london-property-deal\/","title":{"rendered":"US &#038; UK Relations Tested By London Property Deal"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p><span style=\"font-family: Verdana; color: black; font-size: 10pt;\"><br \/>\nThe US government has decided to sell their landmark Embassy located in the heart of London fashionable Mayfair district at 24 Grosvenor Square. The building which was constructed in 1957 is said to being sold for \u00a3300 million ($500 million) to \u00a3400 million. The new owners will be Chelsfield Partners, a property investment company backed by the Qatar Investment Authority.<\/span><\/p>\n<div class=\"style53\" align=\"left\">\n<p><span style=\"font-family: Verdana; color: black; font-size: 10pt;\">The deal for the developers would have been ideal as demolition of the huge concrete building would have created numerous high end luxury apartments in one of the most sort after areas in <a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=124&amp;search=London&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">London<\/span><\/a><\/span><span style=\"font-family: Verdana; color: black; font-size: 10pt;\">.<\/span><\/p>\n<\/div>\n<div class=\"style53\" align=\"left\"><span style=\"font-family: Verdana; color: black; font-size: 10pt;\">In a cruel twist the Minister of Culture Margaret Hodge has slapped a preservation order on the building awarding it a Grade II listing meaning that demolition would be impossible.<\/span><span style=\"font-family: Verdana; color: black; font-size: 10pt;\">The UK minister for culture appreciated that this move could be construed negatively by the US and said<\/span><\/p>\n<\/div>\n<div class=\"style53\" align=\"left\"><\/div>\n<div class=\"style53\" align=\"left\"><span style=\"font-family: Verdana; color: black; font-size: 10pt;\">&#8220;I should begin by assuring you that the Secretary of State is fully aware of the sensitivities of this decision in the context of the embassy&#8217;s possible move to a new location,&#8221; she wrote. A US embassy spokesman said that while it opposed the listing, &#8220;we respect the decision.&#8221; He added: &#8220;This does not affect our ability or schedule to sell the building.&#8221;<\/span><\/p>\n<\/div>\n<div class=\"style53\" align=\"left\"><\/div>\n<div class=\"style53\" align=\"left\"><span style=\"font-family: Verdana; color: black; font-size: 10pt;\">The embassy, built between 1957 and 1960, was put forward for a listing by the Twentieth Century Society, a conservation group that tries to go against the tendency of politicians to wave through the demolition of the large concrete-and-glass structures favoured by high-profile architects after World War II.<\/span><\/p>\n<\/div>\n<div class=\"style53\" align=\"left\"><\/div>\n<div class=\"style53\" align=\"left\"><span style=\"font-family: Verdana; color: black; font-size: 10pt;\">Meanwhile whilst the US government digested the bad new The 20th Century Society who put forward the building for preservation was overjoyed. <\/span><\/p>\n<\/div>\n<div class=\"style53\" align=\"left\"><\/div>\n<div class=\"style53\" align=\"left\"><span style=\"font-family: Verdana; color: black; font-size: 10pt;\">Catherine Croft, a director of the group, said she was &#8220;very pleased&#8221; by the listing, although she said that the modernist building, which was designed by Finnish-American architect Eero Saarinen, wasn&#8217;t necessarily appreciated by the public. &#8220;It&#8217;s an architectural masterpiece and an elegant addition to the square. I think that [buildings like these] will come back in fashion soon,\u201d<\/span><\/p>\n<\/div>\n<p class=\"style47\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">\u00a9 <\/span><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/category\/news\/\"><span style=\"font-family: Verdana; font-size: 10pt;\">Housing Market News<\/span><\/a><span style=\"font-family: Verdana; font-size: 10pt;\"> by The\u00a0House Shop<\/span><\/p>\n<p style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\">\n<div style=\"margin-top: 0px;\" align=\"left\">\n<p><span class=\"style53\" style=\"font-family: Verdana; font-size: 10pt;\">Find<\/span><a class=\"style53\" href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=124&amp;search=London&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\"> houses for sale in London <\/span><\/a><\/p>\n<\/div>\n<div style=\"margin-top: 0px;\" align=\"left\"><\/div>\n<div class=\"style49\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\"><strong>Our Top House Sale Searches<\/strong><\/span><\/div>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=58&amp;search=Bristol&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Bristol <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=335&amp;search=Birmingham%2C+West+Midlands&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">House for sale Birmingham<\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=146&amp;search=Liverpool%2C+Mersyside&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Liverpool <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=37&amp;search=Southampton&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Southampton <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=419&amp;search=Sheffield%2C+South+Yorkshire&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Sheffield <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px;\" align=\"left\"><span class=\"style53\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=347&amp;search=Newcastle+Upon+Tyne%2C+Tyne+And+Wear&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Newcastle<\/span><\/a><\/span><\/p>\n<div class=\"style49\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\"><strong>Find <a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\" title=\"property for sale\">Property For Sale<\/a><\/strong> <\/span><\/div>\n<p class=\"style47\" style=\"margin-top: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">The House Shop\u00a0has thousands of homes for sale from all over the UK direct from the owners see them here: <\/span><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/\"><span style=\"font-family: Verdana; font-size: 10pt;\">property for sale UK<\/span><\/a><\/p>\n<div class=\"style47\" style=\"margin-bottom: 0px;\" align=\"left\"><\/div>\n[vc_row][vc_column][vc_separator][vc_column_text]\n<h2>Find Properties for Sale in London and the Surrounding Area:<\/h2>\n[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/barnet\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Barnet<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/bexley\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Bexley<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/brent\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Brent<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/bromley\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Bromley<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/camden\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Camden<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/chelsea\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Chelsea<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/croydon\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Croydon<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/ealing\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Ealing<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/enfield\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Enfield<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/fulham\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Fulham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/greenwich\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Greenwich<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/hackney\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Hackney<\/strong><\/span><\/a><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/hammersmith\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Hammersmith<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/haringey\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span>\u00a0<span style=\"color: #f58350;\"><strong>Haringey<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/harrow\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Harrow<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/havering\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Havering<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/hillingdon\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Hillingdon<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/hounslow\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Hounslow<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/islington\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Islington<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/kensington\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Kensington<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/kingston\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Kingston<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/lambeth\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Lambeth<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/lewisham\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Lewisham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/london\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>London<\/strong><\/span><\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/merton\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Merton<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/newham\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Newham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/redbridge\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Redbridge<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/richmond\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Richmond<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/southwark\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Southwark<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/sutton\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Sutton<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/tower-hamlets\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Tower Hamlets<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/waltham-forest\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Waltham Forest<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/wandsworth\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Wandsworth<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/westminster\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Westminster<\/strong><\/span><\/a><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column]\n","protected":false},"excerpt":{"rendered":"<p>The US government has decided to sell their landmark Embassy located in the heart of London fashionable Mayfair district at 24 Grosvenor Square. The building which was constructed in 1957 is said to being sold for \u00a3300 million ($500 million)<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/us-uk-relations-tested-by-london-property-deal\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[16],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/us___uk_relations_tested_by_london_property_deal","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/706"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=706"}],"version-history":[{"count":5,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/706\/revisions"}],"predecessor-version":[{"id":18249,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/706\/revisions\/18249"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=706"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}