London penthouse offers chance to look down at royalty

Dubai

A PENTHOUSE "overlooking the Queen's balcony" will cap a London luxury apartment project planned near Buckingham Palace, according to its Abu Dhabi-based owner.

The 10,000 square-foot (929 square-metre) apartment at No 1 Palace St across the street from the royal residence will probably fetch about £60 million (S$125.9 million), Jassim Alseddiqi, chief executive officer of Abu Dhabi Financial Group LLC, said in the capital of the United Arab Emirates. "It's one of a kind," he said. "There's interest, but we won't release it until it's finished. We'll probably auction it."