NASSER D. KHALILI

Favermead Limited and its subsidiaries

In 1992, Khalili started purchasing shopping centres in the UK. These included Cameron Toll in Edinburgh, St Nicholas Arcade in Lancaster, Prince's Mead in Farnborough and the Quintin Centre in Hailsham.

In the early 90s, Khalili transformed two dilapidated buildings in Kensington Palace Gardens and turned them into the most extraordinary palace in Britain. The restoration, which took over 5 years, was second to that of Windsor Castle after the fire in 1992. It is now residence of the Lakshmi Mittal family.

Currently Khalili is working on an innovative energy efficient 220,000 square foot office block at Holborn Viaduct. Favermead also has property in Mayfair and Exeter.

The Khalili Family Trust has also been very active and successful in investing funds in both new companies starting up and others.