Its stated focus is on the prime end of the market. It is buying in London’s most exclusive postcodes –the likes of Mayfair, Knightsbridge and St James’s.
Russell Smithers, managing director of the REDD operation in London, said: “REDD is delighted to have gained planning consent for this magnificent new luxury residence within this grand listed building.
“The completed duplex will be Mayfair’s nest garden apartment and is part of our on going expansion plans in London’s best addresses. We have recently announced our first multi-unit development at Balfour Place and are looking at other multi-unit residential development opportunities across prime Central London.”