Business · Companies · 2 days ago
£20m penthouse goes on sale as South Bank redevelopment ends
A £20 million, four-bedroom penthouse has gone on sale in Seven, the final building of Southbank Place in London.
The development stands on the former Shell Centre site beside the River Thames, where the Shell Tower remains the oil company’s headquarters.
The wider project replaced three adjoining postwar office buildings with homes, shops and restaurants.
It was delivered by Braeburn Estates, a joint venture between Qatari Diar and Canary Wharf Group, at a stated cost of £1 billion.
The South Bank’s earlier regeneration followed the 1951 Festival of Britain, which brought cultural venues and a riverside walk to the area.
The new development marks another major change to the neighbourhood and includes luxury homes with views across central London.
The penthouse is on sale, but no buyer is identified.
A £20 million penthouse has gone on sale in Seven, the final building in the Southbank Place redevelopment beside the Thames.
The four-bedroom duplex covers 3,800 square feet and has a 900-square-foot wraparound terrace.
Southbank Place is a £1 billion development delivered by Braeburn Estates, a joint venture between Qatari Diar and Canary Wharf Group.
The redevelopment replaced former office buildings adjoining the Shell Tower, which remains the oil company's headquarters.
The project is described as a second regeneration of the South Bank, an area first reshaped by the 1951 Festival of Britain.
- Who
- Braeburn Estates delivered Southbank Place. The penthouse is being offered for sale.
- What
- A £20 million penthouse has gone on sale in the final building of the Southbank Place redevelopment.
- When
- The penthouse has now gone on sale; the article was published on 9 October 2026.
- Where
- The Seven building on London's South Bank, beside the Thames.
- Why
- It is the final part of the redevelopment of the Shell Centre's adjoining buildings.
This story does not have two clearly opposing sides.
why would you change what an expert has spent the past 12 months creating?
The Festival of Britain helped signal the regeneration of the area that became the South Bank.
The Shell Centre redevelopment project took place, according to the article.
The National was given a tour of Seven, the project's final building.
The £20 million penthouse has gone on sale.
- Asking price
- £20 million
- Penthouse size
- 3,800 sq ft
- Terrace size
- 900 sq ft
- Development value
- £1 billion
- Developer
- Braeburn Estates, a joint venture by Qatari Diar and Canary Wharf Group
Sources
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