The Times last week carried an update on Centre Point, the skyscraper at the foot of Tottenham Court Road which has had a chequered history.
It was bought out of administration for £120million in March this year, not by an overseas sovereign wealth fund but by a Luxembourg based company Almacantar; another, British, private company, Frogmore has just taken a 25% share in Center Point.
The current hope is that it will, after all this time, finally be turned into flats, though not, one imagines, for the homeless. First however there is the little matter of getting the appropriate approvals for what is now,because of its unique architectural style, a Grade II listed building .
