Sales of Gehry and Foster designed homes on hold

Luxury London apartments designed by Frank Gehry and Lord Norman Foster are being held back from the market, as ta downturn at the top end of the property market hits sales.

The homes are being built in the Battersea power station redevelopment.

Prices start at $2.01m for a two-bedroom apartment designed by the architect Frank Gehry on the  site on the south bank of the Thames, while homes from Foster + Partners are marketed for $2.24m and upwards.

The chief executive of the Battersea Power Station Development company, Rob Tincknell, said 35 apartments were currently up for sale, while another 150 were being held back.

“If there is market demand, we will release more units, but the market has softened,” he said.

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