Thursday 30 June 2011

Secret millionaire Nick Leslau buys St Katharine Docks | Business | The Guardian

Secret millionaire Nick Leslau buys St Katharine Docks | Business | The Guardian

One of Britain's wealthiest property entrepreneurs, Nick Leslau, has bought St Katharine Docks near Tower Bridge in London for £156m. He will refurbish the six buildings around the marina and hopes to lure financial services firms and other tenants from the City of London.

Leslau's Aim-listed Max Property Group teamed up with a South African family trust to buy the freehold estate for £3,670 per sq metre (£330 per sq ft). The property mogul, who co-owns Saracens rugby club and whose portfolio includes Alton Towers and Madame Tussauds, hopes to let out the offices at St Katharine Docks for £35 per sq ft "and possibly more".

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