Nick Candy - Property Developer, One Hyde Park
Nick Candy - Property Developer, One Hyde Park
30 Oct 2024
.Nick Candy discusses his expertise in creating high-end branded residences, particularly those linked with the Mandarin Oriental, which cater to the ultra-wealthy, specifically the top 0.1% of the population. He emphasizes the importance of quality and service, noting that super-rich clients are willing to pay for exceptional quality. Candy highlights the significance of incredible architecture, interiors, and hotel services in building successful luxury properties. He expresses a strong passion for real estate, which began in his youth when his parents took him to view homes they couldn't afford. Candy is involved in various industries, including mining, AI, tech, and AR, but his true passion remains in real estate. He is currently working on a significant project in Dubai, which he believes will surpass One Hyde Park in terms of luxury and exclusivity. Candy acknowledges the impact of geopolitical stability on investment climates and stresses the need for political stability to facilitate capital flow. He also mentions the challenges of building in London today due to changes in planning rules and the difficulty in obtaining construction loans. Despite these challenges, he remains committed to creating exceptional properties for the super-rich.