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Showing posts with label London. Show all posts
Showing posts with label London. Show all posts

Wednesday, August 7, 2013

Goldman to Axa Ride London’s Crossrail Office Boom

Goldman to Axa Ride London’s Crossrail Office Boom
By Neil Callanan & Patrick Gower - Aug 6, 2013

London’s high-speed rail project is helping to drive an office-building boom on the City of London’s western edge as investors rejuvenate aging sites like Smithfield Market near future transport hubs.

http://www.bloomberg.com/news/2013-08-05/goldman-to-axa-ride-london-s-crossrail-office-boom-real-estate.html

Saturday, July 27, 2013

Property market in Central London, Michael Marx


Such low yields could signal the top of the property market in central London. Those sorts of yields are breathtaking. The problem is that when you get to the top of Mount Everest there is only way to go.

- Michael Marx, Reuters, Jul 26, 2013

Friday, July 5, 2013

British Land Invests £470 million in Paddington Central

British Land Invests £470 million in Paddington Central
Attractive West End Estate with Development Potential

British Land is pleased to announce that it has acquired assets comprising the majority of Paddington Central, a 1.2 million sq ft office-led, mixed use estate close to Paddington station in London’s West End. The investment offers an attractive blend of income and capital return, with major development potential and significant future opportunity to improve the estate through asset management. On completion of the developments, British Land will own 1.0 million sq ft of a 1.6 million sq ft estate.

http://www.britishland.com/media/news/2013/05-07-2013.aspx

Friday, May 31, 2013

Dynamic Regeneration: Design Centre Chelsea Harbour

Dynamic Regeneration: Design Centre Chelsea Harbour

The Design Centre is the largest interior design retail and trade centre in Europe and forms part of the Chelsea Harbour Estate.

http://www.marcol.com/index.php?page=chelsea-harbour

Friday, May 17, 2013

London office market 'reborn'

London office market 'reborn'
Thursday 16 May 2013

Construction activity in the capital running at three times the level of three years ago, with 9.7 million sq ft of office space under construction.

http://www.deloitte.com/view/en_GB/uk/news/news-in-focus/e72971f2eacae310VgnVCM2000003356f70aRCRD.htm

Thursday, May 2, 2013

Investors eyeing active regional office markets outside London

Investors eyeing active regional office markets outside London

1 May 2013 by Simret Samra
Posted in News Headlines

Key regional office markets outside of London witnessed a resurgence of interest from investors in Q1 2013, with strong demand for prime office stock.

http://www.knightfrankblog.com/commercial-briefing/news-headlines/investors-eyeing-active-regional-office-markets-outside-of-london/

Q1 2013 occupier activity increases by 25% in UK’s Big Six office markets

Q1 2013 occupier activity increases by 25% in UK’s Big Six office markets
Current occupier demand levels, prelets and speculative starts buoy optimism

London, 1 May 2013 – Signs of recovery across the UK’S Big Six* regional office markets continued during the first quarter of 2013 (Q1 2013) with total occupier take-up reaching one million sq ft, an increase of 25% compared with the same period last year, according to Jones Lang LaSalle’s latest research.

http://www.joneslanglasalle.co.uk/UnitedKingdom/EN-GB/Pages/NewsItem.aspx?ItemID=27899

Thursday, April 25, 2013

Samsung SRA Asset Management and Cushman & Wakefield Investors acquire 30 Crown Place in the City of London

SAMSUNG SRA ASSET MANAGEMENT AND CUSHMAN & WAKEFIELD INVESTORS ACQUIRE 30 CROWN PLACE IN THE CITY OF LONDON
24 Apr, 2013, London


Samsung SRA Asset Management ('Samsung SRA') through Cushman & Wakefield Investors ('CWI') has acquired 30 Crown Place, London EC2, on behalf of South Korean institutional investors from a fund managed by Hannover Leasing GmbH & Co. KG.

http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?Language=EN&repId=c59700005p&Country=GB

Friday, April 12, 2013

Quiet Start to 2013 for Central London Office Market

Quiet Start to 2013 for Central London Office Market

11 April 2013


Figures released today in Capita Symonds’ ‘Central London Overview Q1 Report’ show that the central London office market got off to a quiet start in 2013.

http://www.capitasymonds.co.uk/news__events/latest_news/quiet_start_to_2013_for_centra.aspx

Wednesday, February 20, 2013

London Regains World's Most Expensive Office Market Crown

LONDON REGAINS WORLD’S MOST EXPENSIVE OFFICE MARKET CROWN
19 Feb, 2013, London

- London leapfrogs Hong Kong to take top spot for first time since 2008
- Rio de Janeiro soars from 8th to 3rd with a rental uplift of 43% on previous year
- Global office rents increase by 3%

http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?Country=GB&Language=EN&repId=c58100005p

Tuesday, February 19, 2013

Chelsea Harbour

Chelsea Harbour

Chelsea Harbour is a mixed-use development in Central London, situated on the north bank of the River Thames, in the Sands End area. It lies within the eastern boundary of the London Borough of Hammersmith and Fulham and on the southwestern boundary of the Royal Borough of Kensington and Chelsea. It contains luxury apartments, a luxury hotel named Wyndham Grand, and offices and showrooms, surrounding a small marina. The development was designed by Architects Moxley, Jenner & Partners, - and built by P & O & Globe Investment Trust, through their subsidiary, Chelsea Harbour Ltd. The project management contractors were Bovis Homes Group and the development is now owned by Compco Holdings Ltd. The showrooms were originally named "Chelsea Garden Market", and are now known as the "Chelsea Harbour Design Centre". They consist of almost 66,000 sq.ft gross internal space with three large glazed domes over a galleria. The offices are in two buildings known as "Harbour Yard" and "The Design Centre East". They are marketed by Frost Meadowcroft and Edward Charles & Partners; occupiers including Guess.[1]


History

"Chelsea Harbour" was built on the site of an ex-British Rail Coal Yard and Victorian-era railway coaling dock on the River Thames. The 20-acre site lies between the Thames and Counter's Creek and is bounded to the west by an "active" railway line on an embankment. Chelsea Harbour was the biggest single construction project in the United Kingdom for decades. The original design was for 16 buildings covering some 14 acres. Only 12 buildings were completed due to a downturn in the UK economy during the construction period.


Construction

Remediation

When planning permission was granted on April 15th 1986 the whole site, including the lock, was derelict. Both the Coal Dock and the lock had been infilled with contaminated materials, which the had to excavated and disposed of. The design required the contractor to reduce the size of the Dock by 1/3rd from the north end, to form the 75-berth Marina; and to re-construct the lock chamber, lock-gates, and cill. Work on-site began in early May, 1986, and within twelve months the contractor had excavated the dock, constructed a new north wall, re-puddled the dock floor and renovated the Lock. The site was equipped with 14 tower cranes, and had approximately 1500 personnel onsite during most of the build phase. In April, 1987 a "commissioning Champagne Party" was held on two pontoons in the newly-flooded "marina" for all the staff directly involved.

Chelsea Harbour
Design Centre

Achievements

Between April 1986 and April 1987, the construction team clocked-up some impressive figures:
- 2,000 piles had been sunk over 30 metres down to the London clay without problems, despite some being within two metres of both a London Underground main electrical supply cable and of a huge Victorian-built storm sewer.
- 250,000 cu.Metres of earth had been excavated and removed from the site;
- 55 acres of floor space were built, using 70,000 cubic metres of concrete and 8,000 tons of steel; one continuous concrete pour on Chelsea Garden Market's foundations totalled over 400 cu.Metres, with mixer trucks queueing-up for several hundred yards along Townmead Road. To ensure an uninterrupted cement supply for the concrete, 5,000 tons of cement were stockpiled in a hulk moored in the London Docks; and a concrete supply company was bought outright, to devote priority of supply to project:
- the reinforced structural concrete frame of "Chelsea Crescent" (which contained 64 apartments as originally designed) was built in just eight weeks;
- three new bridges had been completed onsite, including the largest "thrust bore tunnel" in Europe (over Townmead Road), which was hydraulically-jacked into position under an operating rail line in a single weekend;
- two buildings had been completed to "shell & core" status, and the interior spaces were already being occupied by the contractors of incoming tenants;
- a further eight buildings were under construction including "Chambers" and "Chelsea Garden Market";
- The 18-storey "Belvedere" tower was "topped-out" within six months of the start of work. The constructors managed to pour a new floor every four days, with pre-fabricated sub-sections of Rebar built on the ground using "go; no-go"Jigs, using a quick-curing high-strength concrete. Flat soffits with no "downstand beams", and pre-fabricated, steel, wheeled jack-up Forms were placed-, removed-, and re-positioned by the building's tower crane (with the aid of temporary-support platforms cantilevered off the side of the structure), erected in what would become one of the Belvedere's lift shafts.

Contracts

All the buildings - save for the Hotel - were built as "shell & core" contracts, with tenants leasing their spaces from Chelsea Harbour Ltd. through their letting agents, Town & City Properties (Development), and Savills. Once each building was wind and weather-tight, and connected to the external services, tenents commissioned their own contractors for the internal finishings. Bovis project-managed the construction of the Hotel from piling-level to roadway-level, and the remainder of the structure above-ground was completed by a client who had concluded a long lease with Chelsea Harbour Ltd.


Marina

The marina itself is not used commercially but contains luxury yachts and speedboats, and can be accessed from the Thames at high tide. The Lock availability was indicated by a huge hollow sphere rising-&-dropping on a mast topping The "Belvedere", visible for a long way both upstream and down, and connected to a tide gauge by the Lock Gate giving into the Thames. Judging from the present Google Earth view in November, 2012, the Development's Owners have apparently decided to reduce the number of available berths from the 1986-planned 75-, to around 50 places


Residents

Chelsea Harbour is close to Kings Road, Chelsea and it is reputed to be the residence of a number of UK and international celebrities. The nearby Harbour Club is a fitness and tennis club which owes much fame to its patronage by Diana, Princess of Wales.


Lots Road power station

An adjoining, large scale development is being planned on the site of Lots Road power station.


Racehorse

A racehorse named Chelsea Harbour (after the development) competed in the 2008 and 2009 Grand Nationals.


Imperial Wharf

The immediate vicinity has been enhanced by Imperial Wharf, a riverside development by St George PLC. The development contains a new London Overground station, Imperial Wharf, which opened on the 27th September 2009, providing direct rail links with Clapham Junction and Willesden Junction, as well as Southern services to Milton Keynes Central and East Croydon.


River bus services

River bus services are provided at peak hours by London River Services from Chelsea Harbour Pier, and offer transport to Putney and Blackfriars Millennium Pier.[2]


References

[1]^ http://www.frostmeadowcroft.com/property/10386/Chelsea-Harbour-Chelsea-Harbour-Drive-London-SW10-0XF
[2]^ "Boats from Chelsea Harbour Pier". Transport for London. Spring 2009. Retrieved 2009-09-29.


External links

* Official web site
* property/10386/Chelsea-Harbour-Chelsea-Harbour-Drive-London-SW10-0XF
* [1]
* http://en.wikipedia.org/wiki/Chelsea_Harbour
* http://www.dcch.co.uk/


Housing in London | Buildings and structures in London | Redevelopment projects in London | Redeveloped ports and waterfronts in the United Kingdom | Buildings and structures in Hammersmith and Fulham | Marinas in England |

London regains crown as most expensive market for office space -report

London regains crown as most expensive market for office space -report

By Ilaina Jonas

NEW YORK | Tue Feb 19, 2013 9:19 pm GMT

(Reuters) - London elbowed its way past Hong Kong to regain the title as the world's most expensive market in which to rent office space, while Rio de Janeiro jumped to the No. 3 spot from No. 8, according to a report by global real estate services firm Cushman & Wakefield.

http://uk.reuters.com/article/2013/02/19/uk-globalproperty-officerents-idUKBRE91I17N20130219

Thursday, January 31, 2013

European real estate loan sales to gather pace in 2013

EUROPEAN REAL ESTATE LOAN SALES TO GATHER PACE IN 2013
30 Jan, 2013, London

Against a background of continued economic uncertainty and impending regulatory changes, the pace of activity in the European real estate loan sale market will accelerate significantly over the next two years according to a new report from property consultant Cushman & Wakefield. Over the past 12 months, a total of 33 completed loan sale transactions were recorded, totaling €21.7 billion (up 146% on 2011), demonstrating that European commercial real estate (CRE) loan portfolios can be successfully traded. The market has made a strong start to 2013 and in view of the build up of activity amongst the banks and their legacy entities and their aggressive deleveraging targets, Cushman & Wakefield is forecasting over €25 billion of CRE loan portfolio and real estate-owned (REO) sales for the forthcoming year.

http://www.cushwake.com/cwglobal/jsp/newsLanding.jsp?Language=EN&featuredNewsItemId=c60500007p&Country=GB&pageStart=26

Thursday, January 24, 2013

Land Securities Eyes Recovery in London Office Market

January 23, 2013, 6:20 a.m. ET
Land Securities Eyes Recovery in London Office Market

By PETER EVANS

LONDON—Land Securities Group PLC on Wednesday said the London office market is showing signs of revival, as the company announced several new lettings on a 36-storey office tower it is building in the capital.

http://online.wsj.com/article/SB10001424127887323539804578259320372774536.html

Tuesday, January 1, 2013

Central London Office Market Proves Resilient in 2012

CENTRAL LONDON OFFICE MARKET PROVES RESILIENT IN 2012
31 Dec, 2012, London

Despite a backdrop of a continued economic uncertainty, the Central London office market has proved resilient over the year according to the latest report from real estate consultants Cushman & Wakefield, which predicts that take up of new office space in Central London for the year to December will be 7.3 million sq ft, marginally below the 2011figure of 7.8 million sq ft. This latest report highlights the emergence of the Media & Tech and also insurance sectors as key drivers of demand, and that the continued growth of these sectors combined with a peak in lease expiry events in 2015, will result in a healthier leasing market over the next 12 months as occupiers are forced to consider their office space options.

http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?Language=EN&repId=c57000005p&Country=GB

Friday, December 28, 2012

Commercial property investment in London hits five-year high

COMMERCIAL PROPERTY INVESTMENT IN LONDON HITS FIVE-YEAR HIGH
27 Dec, 2012, London

- Investment volumes for 2012 reach £13.57 billion - an increase of 25 per cent on 2011
- Highest level of investment since 2007
- City investment increases by more than a third

http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?Language=EN&repId=c57000007p&Country=GB

Friday, December 14, 2012

London office market: Good prospects from 2014

London office market: Good prospects from 2014

In its latest research paper, Henderson’s c. £12.4 billion Property business, examines prospects for the Central London office market. The report notes that City Fringe, West End and Midtown sub-markets have benefitted from strong take up by technology, media and telecommunications firms during an otherwise difficult year for the domestic economy. Core City take up has been dominated by lettings from the insurance sector with very subdued activity from banking. Underlying City take-up has been relatively stable over the last 12 months or so, at around 75% of the long run average. This sub-par level of activity is expected to persist while low confidence and volatility persists in the markets.

http://www.property-magazine.eu/london-office-market-good-prospects-from-2014-23396.html

Sunday, November 4, 2012

Blog Tour London: Design Centre Chelsea Harbour

Blog Tour London: Design Centre Chelsea Harbour
Saturday, November 03, 2012 | Category: Bed and Bath, Design Bloggers, Events, Shops and Showrooms

http://materialgirlsblog.com/losangeles/2012/11/03/blog-tour-london-design-centre-chelsea-harbour/


As part of Blog Tour London, we visited the Design Centre Chelsea Harbour in London. During our visit, we were hosted by two sponsors: Samuel Heath and Victoria + Albert. Samuel Heath specilizes in both classic and contemporaty bath fittings and Victoria + Albert produces the most amazing volcanic baths and sink basins. Here’s a highlight from our visit to both showrooms!


The entrance to the Samuel Heath showroom at the Design Centre Chelsea Harbour.


Sleek modern bath fittings on display.


Chic bath accessories in black.


My somewhat iconic (& personal fave) pic of fellow bloggers and blog tour members: Igor of Happy Interior Blog and Will of Bright.Bazaar blog “modeling” for the Samuel Heath showroom.


Just across the way is the entrance to the Victoria + Albert showroom.


Once again, I enlisted Igor & Will to jump in the bath together…


And they weren’t shy about it!


Beautiful sink basins on display at the Victoria + Albert showroom.


And another!


Inside the light filled atrium of the Design Centre Chelsea Harbour.


In conjunction with the London Design Festival, many events were also taking place, including major UK design magazines showcasing at the design centre.


Land Rover UK provided transporation to and from the design centre to other major events.


Just outside the Design Centre Chelea Harbour is a courtyard with the Vaughan showroom.


And there is indeed a Chelsea Harbour!

Thank you to Samuel Heath and Victoria + Albert for hosting us!

{Photos by Jill Seidner Interior Design}

http://materialgirlsblog.com/losangeles/2012/11/03/blog-tour-london-design-centre-chelsea-harbour/

Sunday, November 20, 2011

Design Centre Chelsea Harbor

Design Centre Chelsea Harbor

Everything you ever wished for your apartment and even more.

Even if you are not planning on buying design furniture or Italian tiles for your bathroom, Design Centre Chelsea Harbor is well worth visiting.

http://www.lomography.com/magazine/locations/2011/11/20/design-centre-chelsea-harbor


A dazzling space for 90 showrooms and over 500 international interior brands. At over 90,000 square feet, it is the largest of its kind in Europe and well-established as a leading design destination. Design Centre occupies three huge glass domes – south, central and north. The space is cleverly decorated with huge pots of trees and orchids, and the installations coming from the dome ceilings are always changing. One time it could be figures of the geese, another time, shining black fish with disco balls.


There is an amazing book store right by the entrance- RIBA Bookshop where you can come to keep up to date with all the latest trends. There are two coffee shops here as well.

Apart from just selling interior design products, Design Centre runs ‘Focus’, which gives great access to everything new, not only to trade specialists but to the general public, before it reaches the stores’ shelves. They also take part in London Design Week by running free seminars, lectures, and master classes.


After you are done with Versace sofas and all that stuff, go and have a walk around the Chelsea harbor itself. Built in the late 1980s it contains luxury apartments, a 5-star home named Wyndham Grand surrounding a small marina with beautiful yachts and boats.

Perfect place for “Lomography-ing”, in my opinion.

Design Centre Chelsea Harbour
Lots Road
London
SW10 0XE
Closest tube station is Fulham Broadway. Can also be reached via Imperial Wharf overground station.

http://www.dcch.co.uk/
written by neja

http://www.lomography.com/magazine/locations/2011/11/20/design-centre-chelsea-harbor