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Chelsea

August 2, 2011

European hedge fund Orion Capital Managers plans to build one of the most expensive housing developments in London, taking advantage of the surge in demand and prices of prime property in the capital.

European hedge fund Orion Capital Managers plans to build one of the most expensive housing developments in London, taking advantage of the surge in demand and prices of prime property in the capital.

The investment firm, which has acquired an acre of residential land in the prime location of Chelsea, said it will build a housing complex worth around £300 million (€345 million) and spanning an area of more than 9,000 square metres.

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