Real Estate

Luxury Development in Heart of Mayfair Falls Into Insolvency

Interpath appointed as advisers to London’s 60 Curzon
Luxury development made up of 32 boutique apartments

The 60 Curzon residential development in London, on Jan. 29.Photographer: Jason Alden/Bloomberg

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By Sabah Meddings and Jack Sidders

January 26, 2024 at 5:46 PM UTC

A luxury development in the heart of Mayfair has collapsed into administration, after defaulting on its loans.

60 Curzon, a set of 32 apartments designed by the French architect Thierry Despont, has appointed insolvency experts from Interpath Advisory. The project, which was developed by Brockton Capital and financed by funds managed by Apollo Global Management Inc., will continue to be marketed.