DOCSLIB.ORG

Report & Valuation

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Report & Valuation Morgan Stanley December 2016 Report & Valuation CityPoint, One Ropemaker Street, London EC2 savills.co.uk 14 December 2016 Ian Malden E: [email protected] Ref: WEVA380886/EMCS/CEHA DL: +44 (0) 207 409 8894 Morgan Stanley Fixed Income & Commodities 33 Margaret Street 20 Bank Street London Floor 03 W1G 0JD Canary Wharf savills.com London E14 4AD For the attention of Dominic Rea Dear Sirs, BORROWER: BSREP CITYPOINT BIDCO LIMITED PROPERTY: CITYPOINT, ONE ROPEMAKER STREET, LONDON EC2Y 9AW In accordance with the instructions as confirmed in our letter dated, 14 December 2016, we have inspected the property, a landmark multi-let freehold City investment, and made such enquiries as are sufficient to provide you with our opinion of value on the bases stated below. Our letter confirming instructions is enclosed at Appendix 1. We draw your attention to our accompanying Report together with the General Assumptions and Conditions upon which our Valuation has been prepared, details of which are provided at the rear of our report. We trust that our report meets your requirements, however should you have any queries, please do not hesitate to contact us. Yours faithfully For and on behalf of Savills Advisory Services Limited EDWARD SHAKESPEARE MRICS CHARLOTTE ASCHAN MRICS IAN MALDEN MRICS RICS Registered Valuer RICS Registered Valuer RICS Registered Valuer Director Director Director Offices and associates throughout the Americas, Europe, Asia Pacific, Africa and the Middle East. Savills Advisory Services Limited. Chartered Surveyors. A subsidiary of Savills plc. Registered in England No. 6215875. Registered office: 33 Margaret Street, London, W1G 0JD Report & Valuation CityPoint, One Ropemaker Street, London EC2Y 9AW Contents Executive Summary 1 1. Instructions and Terms of Reference 7 1.1. Instructions and Report Reliance .......................................................................................................................... 9 1.2. Background ........................................................................................................................................................ 12 2. The Property, Statutory & Legal Aspects 15 2.1. Location .............................................................................................................................................................. 17 2.2. Situation .............................................................................................................................................................. 22 2.3. Description .......................................................................................................................................................... 23 2.4. Accommodation .................................................................................................................................................. 30 2.5. Condition ............................................................................................................................................................ 32 2.6. Environmental Considerations ............................................................................................................................ 34 2.7. Town Planning .................................................................................................................................................... 35 2.8. Taxation .............................................................................................................................................................. 37 2.9. Tenure ................................................................................................................................................................ 37 2.10. Occupational Leases .......................................................................................................................................... 42 2.11. Strength of Tenants’ Covenant ........................................................................................................................... 48 2.12. Marketing of Vacant Accommodation ................................................................................................................. 54 3. Market Commentary 55 3.1. Macro Economic And Property Market Overview ............................................................................................... 57 3.2. City of London Office Occupational Market ........................................................................................................ 57 3.3. Retail Occupational Market in Central London ................................................................................................... 70 3.4. City Investment Market Commentary .................................................................................................................. 74 4. Valuation Advice 91 4.1. Principal Valuation Considerations ..................................................................................................................... 93 4.2. Approach To Valuation ....................................................................................................................................... 99 4.3. Valuations ......................................................................................................................................................... 106 4.4. Indication of Reinstatement Cost ...................................................................................................................... 107 5. Loan Security 109 5.1. Suitability As Loan Security .............................................................................................................................. 111 6. General Assumptions & Conditions to Valuations 115 6.1. General Assumptions and Conditions ............................................................................................................... 117 Appendices 119 Appendix 1.0 Instructions 121 Appendix 2.0 Schedule of Tenancies 123 Appendix 3.0 Macroeconomic and Property Market Overview 125 Appendix 4.0 Development Pipeline Chart 127 Appendix 5.0 Argus Capitalisation Printout – Existing Income Profile 129 Appendix 6.0 Argus Capitalisation Printout – Topped-Up Income Profile 131 Morgan Stanley December 2016 5 Report & Valuation CityPoint, One Ropemaker Street, London EC2Y 9AW Executive Summary Morgan Stanley December 2016 1 Report & Valuation CityPoint, One Ropemaker Street, London EC2Y 9AW Morgan Stanley December 2016 2 Report & Valuation CityPoint, One Ropemaker Street, London EC2Y 9AW Executive Summary Morgan Stanley December 2016 3 Report & Valuation CityPoint, One Ropemaker Street, London EC2Y 9AW Background and Proposal The building was originally constructed in 1967 as a headquarters building for British Petroleum. By the 1990s, the building was largely obsolete, such that an extensive refurbishment of the building, designed by Sheppard Robson International, was undertaken and completed in 2001. Following completion of the redevelopment works, the building comprised 707,300 sq ft (65,708 sq m) was re-branded as CityPoint and now extends to an aggregate net internal area of 709,501 sq ft (65,915 sq m). On 15 January 2006 a consortium comprising UBS Global Asset Management (UK) Limited, Schroder Exempt Property Unit Trust, Caisse De Depot Et Placement Du Quebe and Tishman Speyer Properties UK Limited, purchased the freehold interest from CLOUT Limited, for a consideration of £520.0M. Following a short holding period by the above mentioned consortium, the property was comprehensively marketed by CBRE in February 2007. The property was subsequently acquired by Beacon at a price of around £660.0M in May 2007 and the acquisition was financed with the benefit of a loan from Morgan Stanley. The loan was securitised by Morgan Stanley in July 2007, in the £429M Ulyssses ELoC 27 CMBS, in addition to which was a two tranche £106M junior loan, of which £18.0M was repackaged in a B-Loan Repackaging Programme, known as Hillenbrand Partners. The original loan was due to mature in July 2014. Interest payments were suspended on the junior loan, and the underlying securitisation, in February 2012, and in May 2012 consensual restructuring negotiations between Beacon and CMBS bondholders and the junior lender collapsed and the property was subsequently placed into receivership in October 2012. It was subsequently announced in November 2014 that Brookfield Office Properties had purchased the junior loan for a sum of understood to be in the order of £70.0M to £75.0M. We understand that in June / July 2016 the receivers approached 15 parties in relation to a potential sale of the property. Of these initial parties circa 7-8 progressed to the second round where they inspected the property and were given access to a data room. First round bids were received on or around 17 October 2016 and our understanding from the vendor’s agents, GM Real Estate, is that around six parties submitted bids, and following the initial first round bid stage discussions progressed with 2-3 parties, and ultimately the property was placed under offer to Brookfield, your Sponsor, at an agreed price of £561.5M, this being a transfer of the shares of the SPV entity. Our Report and Valuation is required in connection with the proposed loan. Property Overview CityPoint is a landmark office building located to the north of the City core on Ropemaker Street at its junction with Moor Lane, immediately to the east of the Barbican Arts and Conference centre. The area benefits from reasonable
Load more

Recommended publications
  • Office Markets & Public Policy
    REAL ESTATE ISSUES Office Markets REAL ESTATE ISSUES & Public Policy This is the first book that looks at how offices and office markets in cities have Also available in the series changed over the last 30 years. It analyses the long-term trends and processes Markets & Institutions in Real within office markets, and the interaction with the spatial economy and the Estate & Construction planning of cities. It draws on examples around the world, and looking forward Ball Policy Public & Markets Office at the future consequences of information communication technologies and the 9781405110990 sustainability agenda, it sets out the challenges that now face investors. The Right to Buy: Analysis & Evaluation of a Housing Policy The traditional business centres of cities are losing their dominance to the brash Jones & Murie new centres of the 1980s and 1990s, as the concept of the central business 9781405131971 district becomes more diffuse. Edge cities, business space and office parks have Housing Markets & Planning Policy entered the vocabulary as offices have also decentralised. The nature and pace of Jones & Watkins changes to office markets set within evolving spatial structures of cities has had 9781405175203 implications for tenants and led to a demand for shorter leases. The consequence is a rethink of the traditional perception of property investment as a secure long Challenges of the Housing Economy: An International Perspective term investment, and this is reflected in reduced investment holding periods by Jones, White & Dunse financial institutions. 9780470672334 Office Markets & Public Policy analyses these processes and policy issues from an Towers of Capital: Office Markets & international perspective and covers: International Financial Services Lizieri l A descriptive and theoretical base encompassing an historical context, 9781405156721 a review of the fundamentals of the demand for and supply of the office Office Markets market and offices as an investment.
    [Show full text]
  • (Public Pack)Agenda Document for Planning and Transportation
    Public Document Pack Planning and Transportation Committee Date: THURSDAY, 12 DECEMBER 2019 Time: 10.00 am Venue: LIVERY HALL - GUILDHALL Members: Deputy Alastair Moss (Chair ) Christopher Hill Sheriff Christopher Hayward Alderman Robert Hughes-Penney (Deputy Chairman) Deputy Jamie Ingham Clark Munsur Ali Shravan Joshi Rehana Ameer Oliver Lodge Randall Anderson Natasha Maria Cabrera Lloyd-Owen Adrian Bastow Andrew Mayer Peter Bennett Deputy Brian Mooney Mark Bostock Sylvia Moys Deputy Keith Bottomley Graham Packham Henry Colthurst Susan Pearson Peter Dunphy Judith Pleasance Alderman Emma Edhem Deputy Henry Pollard John Edwards James de Sausmarez Sophie Anne Fernandes Oliver Sells QC Marianne Fredericks William Upton QC Alderman Prem Goyal Alderman Sir David Wootton Tracey Graham Graeme Harrower Enquiries: Gemma Stokley tel. no.: 020 7332 3414 [email protected] Lunch will be served in Guildhall Club at 1PM NB: Part of this meeting could be the subject of audio visual recording John Barradell Town Clerk and Chief Executive AGENDA Part 1 - Public Agenda 1. APOLOGIES 2. MEMBERS' DECLARATIONS UNDER THE CODE OF CONDUCT IN RESPECT OF ITEMS ON THE AGENDA 3. MINUTES (*10.00AM) To agree the public minutes and summary of the meeting held on 5 November 2019. For Decision (Pages 1 - 14) 4. MINUTES OF THE STREETS AND WALKWAYS SUB COMMITTEE (*10.05AM) To receive the public minutes of the Streets and Walkways Sub Committee meeting held on 15 October 2019. For Information (Pages 15 - 24) 5. OUTSTANDING ACTIONS (*10.10AM) Report of the Town Clerk. For Information (Pages 25 - 26) 6. CITY POINT 1 ROPEMAKER STREET, LONDON, EC2Y 9AW (*10.15AM) Report of the Chief Planning Officer and Development Director.
    [Show full text]
  • C257 LIS XSP10 Moorgate Combined Utilities
    Moorgate Utilities diversions GWB (XSP10), Fieldwork Report C257-MLA-X-RGN-CRG02-50130 v2 Non technical summary This report presents the results of an archaeological watching brief carried out by the Museum of London Archaeology (MOLA) on the site of the combined utilities diversions (Phases 1 to 5 for the future Crossrail Moorgate shaft, London EC2, in the City of London. This report was commissioned from MOLA by Crossrail Ltd. This work is being undertaken as part of a wider programme of assessment to mitigate the archaeological implications of railway development proposals along the Crossrail route. The utilities diversions for the Moorgate Shaft site (part of Crossrail contract C257 Archaeology Central) consists of utilities diversions centred around the junction of London Wall and Moorgate, running north to Ropemaker Street, as well as two access shafts and a connecting tunnel, and various other shallow excavations situated in the vicinity of Moor House. Archaeologically significant horizons were exposed in the eastern access shaft located on London Wall. Natural geology was not reached, but a series of horizontal deposits, dated by ceramics and tobacco pipes to the 16th–17th centuries, was exposed in section, and are possibly part of the City Ditch, which is known historically to have been located in this area and was in use until at least the 16th-century. In the western access shaft a late 19th-century brick wall survived, although modern truncation linked to post-World War II land clearance and the construction of an underground car park (2005) to the south had caused significant damage. Two trial pits were also monitored in the basements of 8 Moorfields and 87 Moorgate.
    [Show full text]
  • Moorgate Ticket Hall Works at Moor House Update
    May 2015 Moorgate Ticket Hall Works at Moor House update Work on the construction of the Moorgate Ticket Hall for the Crossrail Liverpool Street station is continuing apace. Duration of work • From 5 May 2015 until Moor House is one of the first buildings to have been designed the end of June 2015 incorporating Crossrail safeguarding requirements, and the Moor House basement incorporates access into a ventilation shaft and associated service rooms for the new Ticket Hall. In order to open up this area, over the last few weeks we have What to expect been breaking out some concrete backfill in front of the sheet • Possible noise and piles of Moor House. This concrete is not structurally connected vibration during breaking to the building. However we understand that the current method out works of demolition has caused a high level of noise and vibration within the building. Following discussions with the Moor House managing agent, What we will do Savills, we agreed to stop the breaking out while we reviewed our • Monitor noise and keep methodology to see if we could establish a less intrusive method within permitted levels of removing the concrete. set by the City of London Having carried out this review, we plan to restart the demolition on Tuesday 5 May, by locally coring and bursting the concrete. This new method should reduce any future disturbance caused to your offices during these works. We do apologise for any inconvenience that you may have experienced, and thank you for your patience while we complete the demolition works. We will continue to monitor noise levels associated with our works and will work within the permitted levels set by the City of London.
    [Show full text]
  • Round 1 Consultation Panels Central Area Information
    BLACKWALL WAY SHAFT Crossing the Capital, Connecting the UK CROSSRAIL PROPOSALS East India Station Blackwall Station Way Aspen River Thames Blackwall Way Shaft Intermediate shafts are required where there are distances The shaft would be located at Blackwall Way, adjacent to of more than 1km between stations. East India station. It would be situated at the eastern end of the car park behind existing residential development. They serve several purposes: It would provide emergency service access to the Crossrail Ventilation - Fresh air is needed to keep temperatures tunnels and would incorporate a central lift and comfortable in the tunnels and provide cooling around intervention stairwells. trains. Smoke Extraction - In an emergency the shafts will be The shaft design would have a minimal surface impact with used to keep the evacuation routes free from smoke. plant rooms being located in a basement. The shaft would reflect the character of buildings on either side. Emergency Access - Firefighters and emergency services will need access to the tunnels in the event of A temporary worksite would be needed to construct the an incident. shaft. Emergency Evacuation - Passengers would be guided to the nearest station except in situations where they are more than 2km apart. Some shafts therefore will be designed to bring passengers to the surface. Blackwall Way Shaft 1i0601-c1v17-50001 Manor Seven Chadwell Gidea Heathrow Hayes and Harlington Ealing Broadway Stratford Park Kings Heath Park Brentwood Tottenham Liverpool Forest Ilford Goodmayes
    [Show full text]
  • From Non-Place to Third Place: Re-Appropriating Privately Managed Public Spaces in International Business Districts for Play
    UNIVERSITY COLLEGE LONDON FACULTY OF THE BUILT ENVIRONMENT BARTLETT SCHOOL OF PLANNING MAJOR PROJECT FROM NON-PLACE TO THIRD PLACE: RE-APPROPRIATING PRIVATELY MANAGED PUBLIC SPACES IN INTERNATIONAL BUSINESS DISTRICTS FOR PLAY SAFEER SHERSAD WORD COUNT: 7996 SUPERVISOR: PROFESSOR PETER REES SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF SCIENCE IN URBAN DESIGN AND CITY PLANNING UNIVERSITY COLLEGE LONDON FACULTY OF THE BUILT ENVIRONMENT BARTLETT SCHOOL OF PLANNING MAJOR PROJECT: FROM NON-PLACE TO THIRD PLACE: RE-APPROPRIATING PRIVATELY MANAGED PUBLIC SPACES IN INTERNATIONAL BUSINESS DISTRICTS FOR PLAY SAFEER SHERSAD WORD COUNT: 7996 Being a Major Project in Urban Design and City Planning submitted to the faculty of The Built Environment as part of the requirements for the award of the MSc Urban Design and City Planning at University College London, I declare that this project is entirely my own work and that ideas, data and images, as well as direct quotations, drawn from elsewhere are identified and referenced. 4 September 2017 2 Major Research Project | From Non-place to Third Place: Re-appropriating Privately Owned Public Spaces in International Business Districts for Play Safeer Shersad | MSc Urban Design and City Planning 3 CONTENTS INTRODUCTION LITERATURE METHODOLOGY DEVELOPING A APPLICATION CONCLUSION REFERENCES 0 1 2REVIEW 3 4TOOLKIT 5 6 7 Acknowledgements 6 Project Introduction 12 2.1 Critical Problem 16 3.1 Research Design 26 4.1 Case Studies: Public space in CBDs 30 5.1 Site Selection 48 Project
    [Show full text]
  • 101 Moorgate DBA V2.0 120911.Pdf
    91-101 Moorgate Over Site Development Archaeological Desk-based Assessment Technical Report September 2011 Aviva Life and Pensions UK Ltd 91-101 Moorgate Over Site Development Revision Schedule Archaeological Desk-based Assessment September 2011 Rev Date Details Prepared by Reviewed by Approved by 01 August 2011 First Draft for Comment Senior Archaeological Senior Archaeological Technical Director Consultant Consultant 02 September Second Draft 2011 Incorporating Senior Archaeological Senior Archaeological Technical Director Client Comment Consultant Consultant URS Scott Wilson Ltd 6 Greencoat Place London SW1P 1PL Tel +44 (0) 20 7798 5000 Fax +44 (0) 20 7798 5001 www.urs-scottwilson.com Aviva Life and Pensions UK Ltd 91-101 Moorgate Over Site Development Limitations URS Scott Wilson Ltd (“URS Scott Wilson”) has prepared this Report for the sole use of Aviva Life and Pensions UK Ltd and Crossrail Ltd (“Client”) in accordance with the Agreement under which our services were performed P830345. No other warranty, expressed or implied, is made as to the professional advice included in this Report or any other services provided by URS Scott Wilson. This Report is confidential and may not be disclosed by the Client nor relied upon by any other party without the prior and express written agreement of URS Scott Wilson. The conclusions and recommendations contained in this Report are based upon information provided by others and upon the assumption that all relevant information has been provided by those parties from whom it has been requested and that such information is accurate. Information obtained by URS Scott Wilson has not been independently verified by URS Scott Wilson, unless otherwise stated in the Report.
    [Show full text]
  • 20 Ropemaker Street Daylight / Sunlight Assessment
    20 Ropemaker Street Daylight / Sunlight Assessment August 2017 Contents Page Client: Manford Properties (BVI) Limited and Great Elm Assets Limited Issue Date: 4th August 2017 Document References: 10358-ac-17-0804-(DaySun) Principles of Daylight and Sunlight Existing Drawings: 10358/01-03 (Rel03) Proposed Drawings: 10358/04-06 (Rel04) Daylight and Sunlight Results (Rel04) Window Maps (Rel04) Author for and Behalf of GIA: Anthony Harris Authorisation for GIA: This report is intended solely for Manford Properties (BVI) Limited and Great Elm Assets Limited and may contain confidential information. The Liability of this Report extends to Manford Properties (BVI) Limited and Great Elm Assets Limited and their duly appointed advisors. No part or whole of its contents may be disclosed to or relied upon by any Third Parties without the consent of this Practice. This report is accurate as at the date of publication but does not take into account anything that has happened since the date of this report. Section Page 1.0 Executive Summary 1 2.0 Instructions 2 3.0 Introduction 3 4.0 Sources of Information 4 5.0 Assumptions 5 6.0 The Site 6 7.0 The Proposal 7 8.0 The Surrounding Properties 8-10 9.0 Conclusions 11 ------------------------------------------------------------------------------------------------------------ Appended to this report: Appendix 01 - Principles of Daylight and Sunlight Appendix 02 - Existing Drawings & Proposed Drawings Appendix 03 - Daylight and Sunlight Results Appendix 04 Window Maps 1.0 Executive Summary We have undertaken a daylight and sunlight assessment of the Proposed scheme prepared by Make Architects (received 19 June 2017) for the Site at 20 Ropemaker Street, 101-117 Finsbury Pavement and 10-12 Finsbury Street, Islington.
    [Show full text]
  • City Skyscrapers
    point your feet on a new path City Skyscrapers Distance: 4½ km=2¾ miles or 3¾ km=2¼ miles very easy walking Region: London Date written: 25-feb-2015 Author: Thwelder Date revised: 6-mar-2019 Refreshments: everywhere Last update: 11-dec-2020 Map: London A-to-Z but the maps in this guide should be sufficient Problems, changes? We depend on your feedback: [email protected] Public rights are restricted to printing, copying or distributing this document exactly as seen here, complete and without any cutting or editing. See Principles on main webpage. City landscape, tall buildings, architecture, stunning views, roof gardens In Brief There are so many walking guides to the City of London, showing you the history, the churches, the little lanes, the markets and the older buildings. True to the spirit of this site, this guide is completely different. The City is an extraordinary beehive of construction, with tall buildings shooting up skywards at dizzying speed. The varied architecture of these buildings deserves intense admiration, as with a super-scale array of modern art. The surrounding plazas and walkways are also surprisingly traffic-free and a delight to traverse. Forty years ago the idea of a sky- scraper in London was unheard of, the London clay being so much softer than the rocky underlay of Manhattan. Deep foundations were one way to solve this trivial problem and you will see on this walk several more giants under construction. This walk starts at the oldest skyscraper. It then points out all the sky- scrapers in the City and ends at the tallest one in London, actually in Southwark so not strictly in the City (in fact the tallest in Europe apart from Moscow).
    [Show full text]
  • Urban Sustainability in London
    ctbuh.org/papers Title: It’s Not What You Build, But the Place Where You Build It: Urban Sustainability in London Author: Peter Wynne Rees, City Planning Officer, City of London Subjects: Sustainability/Green/Energy Urban Design Keywords: Sustainability Transportation Urban Design Publication Date: 2008 Original Publication: CTBUH 2008 8th World Congress, Dubai Paper Type: 1. Book chapter/Part chapter 2. Journal paper 3. Conference proceeding 4. Unpublished conference paper 5. Magazine article 6. Unpublished © Council on Tall Buildings and Urban Habitat / Peter Wynne Rees It’s not what you build but the place where you build it – London: World City in a Sustainable Location Peter Wynne Rees The City Planning Officer, City of London Corporation, Department of Planning & Transportation, City of London, PO Box 270, Guildhall, London EC2P 2EJ. Tel: +44 20 7332 1710, Fax: +44 20 7332 1806, Email: [email protected]. Abstract The three factors which ensure a successful property acquisition or development have always been location, location and location. This is equally true for sustainable developments. It is vitally important to create buildings which minimise their energy consumption, environmental impact and use of limited resources, but the means by which the occupants come and go is a much more critical determinant of overall sustainability. This paper argues that a wise property developer who wishes to avoid leaving a clumsy trail of carbon footprints across the planet will therefore choose sustainable development locations. Keywords: Sustainability, Urban Design, Transportation, London Introduction property acquisition or developmentPeterwynne.Rees@ have always been Is the earth getting warmer? Is man the cause of the location, location and location.
    [Show full text]
  • Available Space
    AVAILABLE SPACE Address Floors & Charges Terms Description/Amenities 5 Aldermanbury Square Use Class: B1 (Business) Leasehold London Use: B1 Office/Business ▪ 24 Hour Access EC2V 7HR Rent: £891,365 pa (approx £57.50 psf) ▪ 8 Passenger Lift(s) The available space comprises ▪ Air Conditioning Sq Ft Sq M £psf £psm refurbished office accommodation ▪ Atrium on the 13th floor from 5,500 sq ft. ▪ Commissionaire 13th Floor 15,502 1,440 £57.50 £618.70 Avail The triple height reception benefits ▪ Disabled Facilities from a dual aspect, with entrances ▪ Food Court TOTAL 15,502 1,440 onto both Wood Street and the ▪ Garage landscaped Aldermanbury Square. ▪ Goods Lift Rates: £374,218 pa (approx £24.14 psf) The floor is fully fitted out to a very ▪ Raised Floors Service Charge: £153,780 pa (approx £9.92 psf) high standard, to a largely open ▪ Reception Total Outgoings: £91.56 psf plan configuration with new ▪ Security Entry System furniture and cabling and is ready ▪ Security System for immediate occupation. Being ▪ Storage Space towards the top of the building the floor has great views and excellent Grade: Second Hand natural light. A new lease available, terms to be agreed. Last Update: 03/10/2013 01/08/2008 Vacant 10 Aldersgate Street Use Class: B1 (Business) Leasehold London Use: B1 Office/Business ▪ Air Conditioning EC1A 4HJ Rent: £1,256,806 pa (approx £43.70 psf) ▪ Car Parking The available space comprises ▪ Conference Facilities Sq Ft Sq M £psf £psm office accommodation on the ▪ Reception basement to fourth floor levels. 4th Floor 6,342 589 £44.50 £478.82 Avail New FRI lease available on terms Grade: New or Refurbished 3rd Floor 6,328 588 £44.50 £478.82 Avail to be agreed.
    [Show full text]
  • Local Guide Computer Generated Image of Roman House
    local guide Computer Generated Image of Roman House Roman House is at the heart of the City restaurants offer an international most historic part of London: The City. menu and as for shopping, all the world’s It has long been London’s financial nerve leading brands are available. The Square centre, but today it is also an exciting Mile also takes centre stage for arts and residential location, where the life of culture and at Roman House some of the capital can be enjoyed to the full. the country’s most respected venues are on the doorstep. All are waiting to be discovered. LOCAL GUIDE / ROMAN HOUSE / 3 The Gherkin MONUMENT Barbican St. Paul’s Heron Tower 42 Tower Bridge Bank The Shard BARBICAN Tower Moorgate TATE stock MODERN exchange Computer enhanced aerial photograph of Roman House and the London skyline 4 / ROMAN HOUSE / LOCAL GUIDE LOCAL GUIDE / ROMAN HOUSE / 5 Its central position in the heart of the Many of the locations marked on key to map City, means that Roman House is close this map are just a short walk from to everything you might need for work, Roman House, putting the City’s finest leisure, education, culture and travel. attractions and places of business within easy reach. Parks & green spaces .........8 SHOPPING ....................20 33 Leadenhall Market .....................20 1 St. Alphage Gardens .....................8 2 The Barbican ..........................8 34 Spitalfields Market .....................21 CI 3 35 Old Spitalfields Market .................21 TY Noble St. Gardens ......................9 RO 36 15 AD 4 Smithfield Market .....................21 Postman’s Park. 9 G A 501 5 37 One New Change.
    [Show full text]