Christie's International Real Estate has just announced the debut of the Bulgari Residences in London's Knightsbridge, a world-class development designed by the famed Italian fashion house as part of its upcoming luxury hotel. Six residences will be available in a phased release including one penthouse; we expect prices to be in the tens of millions of dollars.

Both the hotel and residences, slated to be ready in time for the 2012 London Olympics, will be distinguished by "exquisite concierge service, unparalleled architectural and design achievements," and Bulgari's heritage of "understated elegance and excellence." The architecture adheres to strict environmental building aesthetics without compromising luxury, and will include a "rooftop habitat which preserves London's treasured urban wildlife."

The Bulgari Hotel and Residences, London, are located near renowned shopping and cultural attractions such as Harrods, Harvey Nichols, the Royal Albert Hall, the Natural History Museum, as well as Hyde Park, on some of London's most expensive real estate.

"The Bulgari name stamps this opportunity to own in Knightsbridge with international provenance and a promise of excellence," says Giles Hannah, Director of European Sales for Christie's International Real Estate. "The Christie's and Bulgari brands, two respected luxury imprimaturs, are certain to resonate worldwide and further elevate the stature of this offering in London."