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Monaco developer seeks £200m for luxury London development

Monaco’s REDD is seeking £200m to expand its prime central London development portfolio.

The family business has appointed former Grosvenor director Mark Tredwell as head of development to lead the expansion.

REDD aims to secure the finance this year to back a development drive as it acquires new sites in Mayfair, Belgravia, Knightsbridge, Kensington and Chelsea.

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