London Developers Say Prince Charles Scuppered Project

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May 19 (Bloomberg) -- Bloomberg's Louise Beale reports on the collapse of a high profile planning application to build luxury apartments at London's Chelsea Baracks. Qatari Diar Real Estate Investment Co. pulled out of the project with U.K. developer CPC Group Ltd. after Prince Charles criticized the development as unsuitable for the area. CPC is in court claiming 81 million pounds ($117 million) in compensation from Qatari Diar. (Source: Bloomberg)


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