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15 Nov, 2022

Final phase of Triptych Bankside released, with launch of East Building, following phenomenal sales success this year

Triptych Bankside - new show flat 1

Having secured more than £150m worth of residential sales so far this year at Triptych Bankside, JTRE London will further boost its position as the capital’s fastest selling riverside development with the launch of the East Building, the final phase of the scheme.

Nigel Fleming, Sales & Marketing Director of JTRE London, said: “The launch of the East Building is a significant milestone and emphasises the achievements during an incredible year. Despite the national economic and political uncertainty currently, we have brought forward the launch of the East Building in response to the remarkable success and market demand. The move is testament to the quality of this development, the lack of comparable product as well as the value inherent in riverside Prime Central London property.

“The East Building launch will further enhance the phenomenal sales momentum we have seen in recent months. Earlier this year, we sold the two premium penthouses for a combined sales value of over £20 million, setting a new benchmark for the area. With both domestic and international buyers, the value of sterling, the outstanding product JTRE London has produced and the appeal of the district have combined to draw buyers from the more traditional golden postcodes in London. The unveiling of this final phase will help service that demand.”

Located at the heart of one of London’s most culturally rich districts, the game changing Triptych Bankside mixed-use scheme consists of three distinctive sweeping towers. The £450m development was designed by internationally acclaimed architects Squire & Partners, and features 169 luxury apartments in two blocks, 87,000 sq ft of office space in a third, plus 9,900 sq ft of retail.

Triptych Bankside neighbours landmark buildings such as Tate Modern, Shakespeare’s Globe and the renowned culinary hotspot at Borough Market. Key transport links are within easy walking distance, including four tube stations plus London Bridge mainline station in under 10 minutes, as well as the Millennium Bridge giving a scenic walking route into the City.

All apartments benefit from spacious balconies, an emphasis on quality of the finishes, generous room sizes, and spectacular views across London’s distinctive panorama including the River Thames, St. Paul's Cathedral and the City of London financial district.

As part of its visionary goal to bring unforgettable appeal to the Southbank development, the scheme features multiple private lounges, games room, private 14-seat in-house cinema, 24-hour reception and concierge, and communal landscaped gardens. The aim is an holistic lifestyle offering where experience and wellbeing comes first. Reflecting a growing need for flexible working, a co-workspace will provide multiple plug-and-play workstations and super-fast broadband.

For both residents and external visitors, The Font combines Olympic-standard climbing walls, a fitness gym and an area to eat and relax with a focused on ‘climb, train, connect’. Also, ethical coffee company, 92 Degrees, is opening its first location in southern England and chose Triptych Bankside as the best place to be.

Nina Coulter, UK Board Director, Savills says, “As Triptych Bankside nears completion, buyers can really see how it will take shape with its elegantly shaped buildings sitting in a landscaped setting.  Buyers, of all types, have reacted positively to the larger than average apartments with generous living spaces and bedrooms, all with outside space.  Another reason we have had such a successful year is the location, where residents have an abundance of cultural venues on their doorstep, the River Thames moments away and all within walking distance of The City.  The show apartments give a wonderful sense of what Triptych would be like to live in and we have seen buyers, more suited to areas such as Mayfair and Chelsea realise that the Southbank has so much to offer to their lifestyle.”

James Burrows, Director, Strutt & Parker London New Homes says, “Across available Central London developments this year, Triptych Bankside has performed exceptionally well in the face of competition, and received consistently high levels of buyer enquiries. What sets apart this development is its ability to attract multiple parts of the market – there is no singular buyer profile that the scheme is pigeon-holed into, nor a single location that buyers are hailing from. Its ability to appeal to domestic and international markets has bolstered sales performance to date and highlighted the desirability of this part of the river in comparison to other waterside developments in the capital. This final phase launch of the East Building is greatly anticipated and likely to be well received by waiting buyers.”

JTRE London was founded in September 2019 by one of Central Europe’s leading property developers, J&T Real Estate, which is currently celebrating its 25th anniversary. The Slovakia headquartered firm has real estate projects in nine countries having developed and managed some 11 million sq ft of space with a gross development value of over £1.6bn.

Prices at Triptych Bankside start from £995,000 for a one-bed apartment. Residential agents are Savills and Strutt & Parker; agents for the commercial space are Bh2 and Savills; and the retail leasing agents are Savills and BNP PRE.