Back
News

Candy returns to Chelsea Barracks

Christian Candy has spent £75m buying properties in the Chelsea Barracks scheme he and his brother were ousted from.

Land Registry documents show that Candy bought six flats at the scheme in May 2020, ranging from £3m up to £44.3m, using a company called Whistler Square.

Candy and his wife are both listed as directors of the partnership, with Candy the sole owner.

The developer appears to show no animosity towards the Qatari royal family, despite a prominent court battle and the collapse of the Candy’s £3bn luxury apartment plans in 2010.

Candy, his brother and the Qataris had bought Chelsea Barracks, SW1, from the Ministry of Defence for a record £959m in 2007. After negative comments from Prince Charles, who personally complained to the Emir of Qatar about the “awful” design of the former army barracks redevelopment, the plans were scrapped.

The Candy brothers decided to take legal action and were awarded damages in 2010.

A redesigned super-luxury development of the barracks went ahead without the Candys’ involvement, instead being wholly owned by the property arm of Qatar’s sovereign fund, Qatari Diar.

The Times (£)

Up next…