CBRE Residential Development Showcase Spring 2016
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THE DEVELOPMENT SHOWCASE WELCOME ondon is one of the most popular capital in the past year, CBRE has continued global cities, home to over eight million to provide exceptional advice and innovative L residents from all over the world. The solutions to clients, housebuilders and English language, convenient time zone, developers, maintaining our strong track world-class education system, diverse culture record of matching buyers and tenants with and eclectic mix of lifestyles, make London their ideal homes. one of the most exciting places to call home and also the ideal place to invest in. Regeneration in London is on a scale like no other, with many previously neglected With four world heritage sites, eight spacious areas being transformed into thriving new royal parks and over 200 museums and communities and public realms, creating galleries, London acts as a cultural hub for jobs and economic growth. This large- both its residents and the 19 million visitors scale investment into regeneration and it receives every year. The London economy, placemaking is contributing to the exciting including financial services, life sciences and constant evolution of the capital that and many of the world’s best advisory we are witnessing and is a crucial reason as firms not only attract people from all over to why people are still choosing to invest in the world to study and work here, but also London real estate. London’s regeneration contribute towards the robust UK economy plan will be enhanced further when the that stands strong throughout uncertainty. It Elizabeth Line (previously Crossrail) will is no surprise that the property market has open in December, reducing journey times mirrored this resilience in the past few years. -
About Lumiere
ABOUT LUMIERE Lumiere London is a major new light festival that, over four evenings, transforms many of the capital’s most iconic streets and buildings in the West End and King’s Cross. It brings together some of the world’s most exciting artists working with light. Expect large-scale video-mapped projections, interactive pieces and jaw-dropping installations. Produced by Artichoke and supported by the TRANSPORT ADVICE Mayor of London, Lumiere London is completely free to attend. Plan your visit using the map inside, The best way to experience Lumiere London is and get ready to see the capital in a new light. on foot. Use this map or download the London Official City Guide app (from the App Store or THURSDAY 14 - SUNDAY 17 Google Play) to find your way around. JANUARY 2016 Please leave your car at home, walk or use public 6.30PM - 10.30PM transport when possible. There will be road closures to facilitate the festival, which will cause significant Don’t miss… disruption to road traffic in Central London. The Heart and Soul of the City Free event, supported by Bloomberg During Lumiere London, expect Tube stations and bus Philanthropies routes nearby to be busier and operate differently Friday 15 January, 2pm – 4.30pm from normal, especially on the evenings of Thursday 14 and Friday 15 January. Lumiere London artists discuss and debate the life of the city and the public realm, and how they can For updated travel advice across Central London be transformed by communities and artists. during the festival, please visit tfl.gov.uk/lumiere Bloomberg London Headquarters For festival news and updates follow City Gate House, 39-45 Finsbury Square, #LumiereLDN on Twitter London, EC2A 1PQ Got a question? Find out more and get your ticket: Look out for the Team London volunteers who are on visitlondon.com/lumiere/symposium hand to help you during the Lumiere London festival. -
Minutes Covent Garden Community Association
Minutes Covent Garden Community Association Planning Sub-Committee meeting held on Monday, 12 January 2015 at 17:00 at Covent Garden Community Centre (Shelton Room), 42 Earlham Street WC2H 9LA www.CoventGarden.org.uk TheCGCA @TheCGCA 1. Attendance 1.1 Apologies received: David Bieda, Shirley Gray, Richard Hills, Jo Weir, Rhu Weir 1.2 Present: Elizabeth Bax, Robert Bent, Selwyn Hardy, Gary Hayes, Meredith Whitten 2. Presentation: None scheduled 3. Planning Applications & Appeals Address & Application No. Proposal Comments CAMDEN APPLICATIONS 3.1 24 Cambridge Circus Installation of 11 condensors and a The CGCA objects to these proposals because of WC2H 8AA kitchen extract at roof level with the noise and disturbance impact on residential associated ducting. amenity. According to the noise report submitted 2014/6633/P by the applicant, as proposed, the cumulative McDonald’s/McDonald’s noise from the new condensers and extract Restaurant Ltd.; Planware equipment is predicted to be at worst equal to the Limited (agent) quietest existing background noise level at the closest receptor property, in violation of DP28. This location already has a history of noise-related complaints from local residents. Thus, at a minimum, the applicant should be required to meet the Council’s requirement that the cumulative plant noise shall not exceed 5dB below the quietest background level. Mitigation measures should be required by condition, but only after the proposed new equipment meets minimum requirements on its own merits. Granting permission for equipment already deemed to exceed noise thresholds would mean that local residents would be reliant on the applicant to consistently maintain the equipment and its mitigation measures. -
Drury House, 34-43 Russell Street, Covent Garden, London Wc2 Rare Mixed-Use Freehold Income Investment Value Add Asset Management Opportunity
RARE MIXED-USE FREEHOLD INCOME INVESTMENT VALUE ADD ASSET MANAGEMENT OPPORTUNITY DRURY HOUSE, 34-43 RUSSELL STREET, COVENT GARDEN, LONDON WC2 RARE MIXED-USE FREEHOLD INCOME INVESTMENT VALUE ADD ASSET MANAGEMENT OPPORTUNITY DRURY HOUSE, 34-43 RUSSELL STREET, COVENT GARDEN, LONDON WC2 2 - 3 Freehold Covent Garden island site investment opportunity Prominent location on the corner of Russell Street and Drury Lane Mixed-use building extending to a total of 36,322 sq ft (3,374.4 sq m) of office and retail accommodation arranged over lower ground, ground and five upper floors Multi-let to three tenants - Wardour Communications, Beamly and fashionable restaurant by CHLOE. All four leases are Outside the 1954 Landlord & Tenant Act Weighted Average Unexpired Lease Term of 6.8 years to lease expiry on let space Potential office block date during 2021 provides the opportunity to refurbish / extend the existing accommodation (subject to consents) Total current rental income of £2,040,460 per annum (including vendor rental top-ups) Low passing office rent of approximately £60 psf (including vendor rental top-ups), equating to circa 70% of Grade A Covent Garden rental levels that stand at £85 psf Offers are invited in excess of £42,250,000 (Forty Two Million Two Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. Pricing at this level reflects a net initial yield of 4.52% (assuming full purchaser’s costs of 6.78%) and a capital value of £1,163 per sq ft. INVESTMENT SUMMARY REGENT’S PARK BT TOWER 4 EUSTON KING’S CROSS / ST PANCRAS - 5 HYDE PARK OXFORD STREET CENTRE POINT BERKELEY SQUARE THE BRITISH MUSEUM REGENT STREET ST JAMES’S SQUARE COVENT GARDEN MARKET TRAFALGAR SQUARE ST JAMES’S PARK CHARING CROSS HORSE GUARDS PARADE SOMERSET HOUSE ROYAL FESTIVAL HALL NATIONAL THEATRE 6 - 7 OPTIMAL TIME ZONE TO CONDUCT APPLE, GOOGLE, FACEBOOK & WORLD’S MOST DIVERSE POPULATION BUSINESS IN BOTH THE AMERICAS & AMAZON HAVE THEIR EUROPEAN WITH OVER 300 LANGUAGES SPOKEN. -
One Blackfriars Is Indicative Only
THE SOUTH CONTENTS � BANK London is a world-class city with an 06 RESTAURANTS unrivalled position as a business and financial centre, leading the way in arts 14 BARS and culture, architecture and heritage. 20 ARTS & CULTURE The capital has always embraced change and has celebrated its international connections 32 HEART OF THE SOUTH BANK through the centuries, shaping its global status 34 SHOPPING which was showcased in unforgettable style at The London 2012 Summer Olympics. 38 LUXURY HOTELS The South Bank is creating a new focus for the 44 EDUCATION capital. Southwark has a rich history and the presence of Guy’s and St Thomas’ teaching 46 TRANSPORT hospitals and the academic excellence of King’s College London have brought international 48 LOCAL BUSINESSES MAP recognition to the borough for the past 150 years. The cultural cluster of theatres, galleries, museums and The Shard have driven the latest transformation. First-class restaurants, bars and cafés are bringing a new vibrant nightlife to the district. Companies and businesses such as News Corporation are moving from Wapping; the FT is established next to Southwark Bridge; RBS, Lloyds and leading law firms such as Norton Rose and Lawrence Graham, plus accountancy practices PWC and Ernst & Young are all established on the South Bank. Computer generated image of One Blackfriars is indicative only. UNIQUE � DINING LOCAL GASTRONOMY The South Bank has become renowned for its exciting, BOROUGH MARKET OXO TOWER BRASSERIE ROAST cosmopolitan restaurants and bars, with numerous artisan and -
Development Collection
RESIDENTIAL DEVELOPMENT COLLECTION Spring 2017 Cover and inside cover: London Dock, E1 Contents Feature Central Collection An overview of the London property market 4 26. The Mansion 35 Barnet 27. South Bank Tower 36 South West Collection 28. Hampstead Manor 37 01. Queen’s Wharf 7 29. Ebury Place 38 02. Emerald Gardens 8 30. One Blackfriars 39 03. Nine Elms Point 9 04. 300 Vauxhall Bridge Road 10 The City Collection 05. Fulham Riverside 12 31. London Dock 41 06. One Nine Elms 13 32. The Stage 42 Brent 33. 250 City Road 43 West End Collection 34. One Crown Place 44 07. Centre Point Residences 15 08. Artisan 16 East Collection 09. Aldwych Chambers 18 35. Carpenters Wharf 47 10. Soho 13 19 36. Spire London 48 11. The Pathé Building 20 37. Precision 49 12. 19-20 Poland Street 20 38. London City Island 50 13. The Colyer 21 Ealing 14. Wardour Lofts 22 Contact us 52 15. The Sherwood 24 16. Princes House 24 Hammersmith 17. The Fitzbourne 25 & Fulham 18. 3-4 Great Marlborough Street 26 19. Pinks Mews 27 01 20. 58-59 Margaret Street 28 21. 64 Lincoln’s Inn Fields 29 22. Lincoln Square 30 02 23. Langdale Place 31 24. The Charles 32 25. Bedford House 33 Richmond upon Thames Enfield Waltham Forest Hackney Camden Islington 28 35 33 Newham 32 17 Tower Hamlets 23 12 22 34 18 08 10 19 07 26 15 14 16 21 09 The City 38 11 13 20 City of 31 Westminster 24 25 27 30 36 04 Kensington 29 37 & Chelsea 06 03 Southwark 05 Lambeth Wandsworth Lewisham cbreresidential.com/uk CBRE Residential 6–7 4London Feature: living An 2016overview of the London property market While best known internationally as a ensuringand the cranes an ever-evolving on its horizon skyline. -
Page 1 T H E D E V E L O P M E N T S H O W C a S E Page 2
THE DEVELOPMENT SHOWCASE WELCOME London is renowned as one of the world’s most exciting global cities, and rightly so. Alongside the English language, convenient time zone and world-class education system, the diverse culture and eclectic mix of lifestyles make it a vibrant place to call home. As well as having four world heritage sites, eight spacious royal parks and over 200 museums and galleries, London is also a leading centre for finance, technology and creativity and is one of the safest, most stable cities in the world. Education forms an enormous part of the appeal of this city. Students flock from all over the globe to study in London, and whether they buy or rent, there are so many places to choose to live and study. Security, lifestyle, transport links and amenities are all important factors for students and their parents. I know from my own experiences of helping families to find the ideal place in London for their children to live, that the new homes currently on offer fulfil all these criteria and more. The quality of new build homes is already world class in London, and is only getting better. Despite challenging market conditions, in the last year we’ve continued to accelerate. We’ve grown our business and added to our portfolio of London offices, opening our Battersea and Nine Elms office, which is going from strength to strength and really embracing the pace of change and regeneration in this exciting new neighbourhood. We continue to work with the very best housebuilders and developers, and are proud of the strength of these relationships. -
The London Office Crane Survey – Summer 2017 Development Table
The London Office Crane Survey – Summer 2017 Development table Scheme Crane Survey Completion Total space Space Status Market Scheme name Postcode Developer Tenant number status date sq ft available sq ft 1 Under Construction City Bloomberg Place EC4 Bloomberg/Stanhope Bloomberg Q2 2017 669,000 - 2 Under Construction City 1 London Wall Place EC2 Brookfield/Oxford Properties Schroders Q2 2017 309,000 - 3 Under Construction City 20 Old Bailey EC4 Blackstone Barings Q2 2017 240,410 127,585 4 Under Construction City 2 London Wall Place EC2 Brookfield/Oxford Properties Cleary Gottlieb Steen Q2 2017 177,000 129,000 & Hamilton 5 Under Construction City 45 Cannon Street EC4 Morgan Capital Partners LLP Q2 2017 88,500 88,500 6 Under Construction City The Hallmark Building, EC3 TH Real Estate Q2 2017 88,000 88,000 56 Leadenahll Street 7 Under Construction City The Epworth, 25 City Road EC1 London and Regional Properties Q2 2017 66,000 66,000 8 Under Construction City 15 Bishopsgate EC2 Tower Partnership WeWork Q2 2017 52,000 - 9 Under Construction City 33 Queen Street EC4 Beltane Asset Management Q2 2017 50,000 50,000 10 Under Construction City 1 Aylesbury Street EC1 Meritcape Alexander McQueen Q2 2017 28,500 - 11 Under Construction City 25-39 Eastcheap EC3 Thackeray Estates Q2 2017 25,000 25,000 12 Under Construction City 19-28 Watling Street EC4 Morgan Capital Partners LLP Q2 2017 21,000 21,000 13 Under Construction City 181 Queen Victoria Street EC4V City Bridge Trust Q2 2017 17,000 17,000 14 Under Construction City 33 Central, 33 King William -
CTBUH Journal
About the Council The Council on Tall Buildings and Urban Habitat is the world’s leading resource for professionals CTBUH Journal focused on the inception, design, construction, and International Journal on Tall Buildings and Urban Habitat operation of tall buildings and future cities. A not-for-profi t organization, founded in 1969 and based at the Illinois Institute of Technology, Chicago, CTBUH has an Asia offi ce at Tongji University, Shanghai, and a research offi ce at Iuav Tall buildings: design, construction, and operation | 2017 Issue II University, Venice, Italy. CTBUH facilitates the exchange of the latest knowledge available on tall buildings around the world through publications, Case Study: South Beach Towers, Singapore research, events, working groups, web resources, and its extensive network of international River Beech Tower: A Tall Timber Experiment representatives. The Council’s research department is spearheading the investigation of the next Bioclimatic Comfort Design for High-Rises generation of tall buildings by aiding original research on sustainability and key development Supertall Elevator Maintenance issues. The Council’s free database on tall buildings, The Skyscraper Center, is updated daily with Talking Tall: Modular High-Rise detailed information, images, data, and news. The CTBUH also developed the international standards In Numbers: Tall Timber – A Global Audit for measuring tall building height and is recognized as the arbiter for bestowing such designations as “The World’s Tallest Building.” CTBUH Headquarters 104 South Michigan Avenue, Suite 620 Chicago, IL 60603, USA Phone: +1 (312) 283-5599 Email: [email protected] www.ctbuh.org www.skyscrapercenter.com CTBUH Asia Headquarters College of Architecture and Urban Planning (CAUP) Tongji University 1239 Si Ping Road, Yangpu District Shanghai 200092, China Phone: +86 21 65982972 Email: [email protected] CTBUH Research Offi ce Iuav University of Venice Dorsoduro 2006 30123 Venice, Italy Phone: +39 041 257 1276 Email: [email protected] CTBUH Academic Offi ce S. -
7/8 & 9 Little Turnstile Holborn, London Wc1v
7/8 & 9 LITTLE TURNSTILE HOLBORN, LONDON WC1V 7DX MIDTOWN MIXED-USE INVESTMENT OPPORTUNITY SUMMARY r Midtown is one of Central London’s most sought after locations and is a favoured destination for technology, media and professional firms. r Little Turnstile is a quiet pedestrianised street linking Holborn, Lincolns Inn Fields and Kingsway, directly to the rear of Holborn station close to the Rosewood Hotel. r Two attractive adjoining buildings arranged over basement, ground and three uppers providing commercial and residential accommodation providing a combined total area of 2,717 sq ft (252.4 sq m). r The two properties are fully let on six commercial leases and two Assured Shorthold Tenancies. r A combined current rental income of £114,420 per annum. r Various asset management opportunities including the potential to convert the upper floors of 7/8 Little Turnstile to residential, subject to planning. r Both properties are held Freehold. r The vendor is seeking offers for the individual properties as follows: 7/8 Little Turnsitle, offers in excess of£1,270,000 (One Million Two Hundred and Seventy Thousand Pounds) subject to contract, which would reflect a net initial yield of 4.50% and a reversionary yield of 5.80% after allowing for purchaser’s costs of 6.8%. 9 Little Turnsitle, offers in excess of£1,110,000 (One Million One Hundred and Ten Thousand Pounds) subject to contract, which would reflect a net initial yield of 4.50% after allowing for purchaser’s costs of 6.8%. 7/8 & 9 Little turnstile, HOLborn, London wc1v 7dx 2 OXFORD CIRCUS ALDWYCH TOTTENHAM CT ROAD CENTRE POINT KINGSWAY BT TOWER BRITISH MUSEUM REGENTS PARK HOLBORN SUBJECT PROPERTY ROSEWOOD HOTEL RUSSELL SQUARE LINCOLN’S INN FIELDS CHANCERY LANE 7/8 & 9 Little turnstile, HOLborn, London wc1v 7dx 3 LOCATION Midtown links together the West End, Kings Cross and the City of London, providing a perfect location for a broad variety of occupiers. -
Document.Pdf
The Post Building presents 33,000 sq ft of flagship retail, restaurant and gallery space across 135 metres of prominent double-height frontage within a mixed use scheme, including 263,000 sq ft of fully let office space at the heart of London’s West End VOLUME. CONNECTIVITY. DESIGN. An exciting and evolving View of The Post Building from the junction of New Oxford Street and neighbourhood benefitting Museum Street (CGI) from a captive audience of high disposable income consumers and close proximity to Crossrail at Tottenham Court Road station 8m now open at The Post Builiding offering estimated annual pedestrian footfall 4 Ride, Reshape and Rumble classes 40,000 34m office workers passengers utilise Holborn within a 5-minute walk 1 station per annum 5 75,000 40m residents within a 15-minute walk 2 customer visits per annum to Covent Garden 6 5.8m 72m visitors per annum to the passenger figures per annum British Museum, making it the UK’s at Tottenham Court Road station forecast 2nd most popular visitor attraction 3 by 2026, up from today’s 39m 7 1. JLL Research. Total office workers in developments over 25,000 sq ft in size. 2019. 4. CBRE Retail Intelligence. 2019 Plus estimated office workers at The Post Building March 2020 5. Transport for London (TfL) — Entry / Exit figures. 2017 2. CBRE Retail Intelligence. 2019 6. CACI Ltd.; EE Data. 2017 3. Association of Leading Visitor Attractions (ALVA). 2018 7. Arup, Elizabeth line readiness. 2018 2 The meeting point of five Princes Circus Holborn Project characterful and vibrant London neighbourhoods 10 MINUTES L Russell Square A M B ’ S S T Museum Street South O O U C T T O T H E N A N WEST END PROJECT M D H P U A T I M O T N S This circa £40m project is transforming the area around C T O R O Tottenham Court Road, Gower Street, Bloomsbury Street, U W R Princes Circus and St Giles. -
Tall Buildings URBAN DESIGN GROUP URBAN
Summer 2016 Urban Design Group Journal 13UR 9 BAN ISSN 1750 712X DESIGN TALL BUILDINGS URBAN DESIGN GROUP URBAN DESIGN GROUP NewsUDG NEWS more than this, with people being seen col- Nottingham and Bristol respectively. VIEW FROM THE lectively because of their ‘social values and Noha Nasser and the awards panel CHAIR responsibilities’. As urban designers we are for• continuing to grow the Urban Design members of a community. We share similar Awards. values and take on the duty of improving the Ben van Bruggen and Amanda Reynolds quality of life for people who live and work for• their ongoing stewardship of the Recog- in cities, towns and villages. nised Practitioner scheme. This is the last View from the Chair that I will I would like to use this last article to Barry Sellers for providing oral evidence write for Urban Design and it gives me an thank people within the Urban Design Group on• the Urban Design Group's behalf at the opportunity to reflect on the last two years community for continuing to strive to raise House of Lords' Built Environment Select of my tenure. The time has flown by! the standards in urban design practice. Lack Committee. At last March’s National Urban Design of space precludes me from mentioning The various regional conveners of events, Awards I pondered with Graham Smith, a everyone but the list includes the following particularly• Paul Reynolds and Philip Cave former lecturer at Oxford Brookes Universi- members of the community: in London; Peter Frankum in Southampton; ty, the use of the word ‘community’ for new Robert Huxford and Kathleen Lucey for Mark Foster and Hannah Harkis in Manches- developments.