Knight Frank Launches Premier Collection at Canary Wharf Development

LONDON, March 14, 2011 - Pan Peninsula, in London's financial heart, Canary Wharf, was
last year the fastest-selling development for Knight Frank in Asia. Investors
and people wanting a European pied-a-terre rushed to buy the
high-specification, centrally-located apartments and many were let to tenants
within the first weeks of completion. Now, on the evening of Thursday 17
March at the Grand Hyatt hotel, Singapore, the next phase of Pan Peninsula
will be launched to the Singapore market - the first chance to buy the
exclusive premier-specification flats and penthouses in the development.

Overlooking Canary Wharf, Pan Peninsula offers residents the
best of city living, combining sophisticated facilities with a prime
waterside location. Comprising two interlinked landmark towers of 40 storeys
and 48 storeys, the development provides more than 700 luxury apartments and
penthouses. 17 March sees the launch of the luxury premier apartments on the
34th to 43rd floors to the Singapore market - the first to be able to
purchase. Prices start at GBP1,650,000, with the current exchange rate
offering a discount of more than 50% to the Singapore Dollar buyer. These
"apartments with everything" are literally the highest level of living, with
custom-designed kitchens with Gaggenau appliances, bathrooms with Marron
Cohiba granite and rare woods, underfloor heating throughout, and additional
Sky Lobby for residents only.

As well as being finished to the highest specification, the
apartments at Pan Peninsula have uninterrupted views of the City, Canary
Wharf or Greenwich; residents will also enjoy a range of luxury facilities
inside the complex, including sumptuous communal areas, 24-hour concierge
services, and valet parking. They will also have access to The Six Senses
Spa, a large holistic day spa, and a private Health Club with facilities
including a 17-metre lap pool, hydrotherapy suite, cardio-vascular theatre,
gym, dance studio, sauna and steam rooms.

Canary Wharf is an area of London where demand for property is
consistently high: in the past 12 months, Knight Frank research shows flats
have taken on average just 64 days to let from the time of instruction - this
compares to 82 days in Hampstead and 101 days in Mayfair - and the average
for prime London, 69 days. The ongoing stability of the UK banking industry
is a factor in this demand - the February Morgan McKinley Employment Survey
showed that in January 2011, job opportunities in the London banking sector
increased 142% month-on-month.

To attend the exclusive cocktail party on 17 March at which
the Pan Peninsula premier apartments and penthouses will be unveiled, contact
Knight Frank on pan.peninsula@sg.knightfrank.com or call +65 8448 4554.

Notes to Editors

Knight Frank LLP is the leading independent global property
consultancy. Headquartered in London, Knight Frank and its New York-based
global partner, Newmark Knight Frank, operate from 207 offices, in 43
countries, across six continents. More than 6,340 professionals handle in
excess of US$886 billion (GBP594 billion) worth of commercial, agricultural
and residential real estate annually, advising clients ranging from
individual owners and buyers to major developers, investors and corporate
tenants. For further information about the Company, please visit
www.knightfrank.com.

For further information, please contact:

Rosie Cade, Residential PR Manager, Knight Frank,
t: +44-(0)20-7861-1068, rosie.cade@knightfrank.com

For further information, please contact: Rosie Cade, Residential PR Manager, Knight Frank,
t: +44-(0)20-7861-1068, rosie.cade at knightfrank.com