UAE firm invests $130m in luxury Chelsea homes project

UAE-based Gulf Islamic Investments is leading a £100 million ($130.4 million) development of premium residential apartments in Chelsea, London.
The property, a former police station, is located in the highly desirable Royal Borough of Kensington and Chelsea, the company said in a statement.
GII is developing the project in coordination with its Dubai and London office and has put together a team including London developers Northacre and architects Squire & Partners.
The project is expected to have...