All you need to know - Riverstone Kensington - Flipbook - Page 27
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Frequently asked questions
Our client advisors are always available to answer any questions about Riverstone
Kensington. They will be on hand to help every step of the way. We set out below some
answers to questions we are often asked.
1.
Who will manage Riverstone Kensington?
Riverstone Kensington is owned and managed by Kensington Row Property Limited,
part of the Riverstone Group. Kensington Row Property Limited have entered into a
services agreement with Riverstone Operations Limited who provide management
services. The costs of these services are included within the Fees.
We do not provide all the services at Riverstone Kensington. For example, home care will be
available from The Good Care Group at Riverstone or from your chosen care provider. The
restaurant and bar will be run through our partnership with a leading restaurant operator.
We will partner with independent suppliers when o昀昀ering some of the on-demand services.
2.
Do I own my apartment at Riverstone Kensington?
All apartments are sold on a 150-year lease (or the time left on the lease for resales).
The apartment is your home, your asset.
3.
How is my Riverstone lease di昀昀erent to a normal residential lease?
The key di昀昀erence is the payment of the Deferred Fee when your apartment is sold.
Riverstone believes the Deferred Fee fully aligns your interests and ours. Our fee structure
makes sure that the costs of building, maintaining and running the Riverstone locations are
covered for the long term. Please ask our client advisors for a copy of the Lease Summary
for more information.
We require all intending occupiers to have an introductory conversation with a Riverstone
Wellbeing Ambassador.