Home Industry Hospitality Gulf Islamic Investments, Marriott partner to develop first standalone Autograph Collection Residences in UK This is GII’s first property development project with a global hospitality provider and its second residential investment in the UK by Neesha Salian July 28, 2022 Shariah-compliant global investment company, Gulf Islamic Investments (GII) has announced a new venture with Marriott International. The collaboration will see GII’s luxurious The Lucan, Autograph Collection Residences development in London’s prime Chelsea district, managed by Marriott in line with its Autograph Collection brand. Situated off Sloane Avenue in the Royal Borough of Kensington and Chelsea, The Lucan will feature 31 individually designed residences with in-house concierge services. The collaboration represents a significant milestone for GII, as it establishes a foothold in the Prime Central London market, after its first branded residential scheme in March, the ELIE SAAB Residences at Hyde Park. It is also another first for both brands – GII’s first real estate development collaboration with a global hospitality brand, and Marriott International’s first standalone Autograph Collection Residences property in the world, which will debut in London. The seven-floor property is projected for completion in 2024, with a show home available before then. The collection of 31 distinctive residences will exhibit architecture influenced by the culture and character of Chelsea, with unique stylish finishes emblematic of Autograph Collection Hotels. Mohammed Alhassan and Pankaj Gupta, co-CEOs of GII, commented, “The Lucan represents a pivotal project for GII, marking our first foray as both investor and developer. Our intention is to deliver a boutique development that not only offers an exceptional quality of life, but one that matches the highest international standards for luxury lifestyle real estate. It is truly an honour to work with Marriott International, whose reputation for operational excellence and legendary service will bring world-class standards to discerning residents of ‘The Lucan’ and validate the iconic real estate proposition that GII originally identified in one of London’s most prominent and sought-after neighbourhoods.” Jaidev Menezes, regional VP, Mixed-Use Development, EMEA Marriott International said: “This agreement is a testament to the confidence that GII has in Marriott International and we are excited to play a meaningful role in GII’s vision for ‘The Lucan’. Through this collaboration, we look forward to delivering an exclusive lifestyle that is distinctive and unmatched in London.” ‘The Lucan’ will be designed by award-winning architectural firm Kohn Pedersen Fox Associates, with the signature hallmarks of the Autograph Collection Hotels brand. Residences at ‘The Lucan’ consist of one, two, and three beds ranging from 780 to 1,900 square feet. Tags Gulf Islamic Investments Marriott Marriott International Property development 0 Comments You might also like Saudi Arabia: Marriott inks agreement for 3 new hotels in Madinah Shari’ah-compliant firm GII finalises investment in GEMS education First Ritz-Carlton Reserve in UAE to launch on this island Brookfield-led consortium agrees to invest in Dubai’s GEMS Education