CBRE Hot 100 the Winners of London's Residential Market

Total Page:16

File Type:pdf, Size:1020Kb

CBRE Hot 100 the Winners of London's Residential Market CBRE Hot 100 The winners of London’s residential market 2–3 It's time for CBRE's annual review of what's hot in the London residential property market Contents Best performing boroughs 4–5 Niche and boutique schemes 8–9 Most affordable boroughs to buy 10–11 Areas where demand is not matched by supply 14–15 Ten towers that raise our expectations 16–17 Tallest towers 18–19 Highest share of private rental households 24–25 Areas with highest expected rental growth 26–27 Commuter towns 30–31 Ten developers to watch 32–33 Bonus ball top tens 34–35 4–5 Top 10 Best performing boroughs Over last year % Over last decade % 1 Lambeth 40.1 1 City of London 194.1 2 Wandsworth 22.2 2 City of Westminster 183.5 7 Islington 9 Haringey 8 Hackney 3 Kensington and Chelsea 20.7 3 Kensington and Chelsea 170.5 109.0% 17.7% 107.7% 4 Lewisham 20.1 4 Lambeth 131.7 5 Camden 123.0% 5 Waltham Forest 19.6 5 Camden 123.0 8 Harrow 6 Greenwich 19.4 6 Hammersmith and Fulham 114.4 18.3% 7 Tower Hamlets 2 City of 19.1% 7 Tower Hamlets 19.1 7 Islington 109.0 5 Waltham Forest Westminster 19.6% 8 Harrow 18.3 8 Hackney 107.7 183.5% 9 Haringey 17.7 9 Wandsworth 107.0 10 Bromley 17.0 10 Southwark 106.1 Here we identify the boroughs with the highest price growth over the last year and compare with growth over the last decade. The really interesting thing is how the price growth has evolved. While over the last decade the central boroughs have outperformed, more recently there has been a ripple out, with stronger growth in slightly off-pitch locations such as Lambeth and Wandsworth. This has been driven largely by a resurgence in domestic buyers. 6 Greenwich 19.4% Price growth 3 Kensington and Chelsea 200 20.7% 170.5% 150 6 Hammersmith 100 and Fulham Price growth % 114.4% 2 Wandsworth 22.2% 107.0% 50 10 Bromley 17.0% 4 Lewisham 1 Lambeth 20.1% 40.1% Brent Ealing Sutton Barnet Bexley Enfield Merton 1 City of London Harrow 131.7% Bromley Islington Camden Croydon Lambeth Hackney Newham Havering Haringey Hounslow Lewisham Hillingdon 194.1% Redbridge 10 Southwark Southwark Greenwich Wandsworth 106.1% City of London Tower Hamlets Tower Ham. & Fulham Waltham Forest Waltham Kens. & Chelsea Kens. City of Westminster Kings. upon Thames Richm. upon Thames Barking & Dagenham Last year Last decade 6–7 8–9 Top 10 Niche and boutique schemes 1 81 Dean Street W1D 2 Gatti House WC2 3 The Palladio WC2 4 15 Craven Street WC2 5 The Southampton WC2 3 4 6 3–4 Great Marlborough Street W1F 7 Aldwych Chambers WC2 8 17–19 Bedford Street WC2 9 10 Soho Square W1D 10 The Pathé Building W1F Our top ten has been chosen for their meticulous attention 1 5 6 to detail with interior design, encapsulating unique character and moving away from the traditionally ‘typical’ developer fit out. Our team spend many hours advising our clients on what is best for each development. 2 7 8 9 10 10–11 Top 10 Most affordable boroughs to buy 1 Barking and Dagenham 2 Tower Hamlets 3 Hillingdon 2 Tower Hamlets 6.89% 4 Croydon 10 Redbridge 1 Barking & 5 Havering 8.84% Dagenham 6 Newham 5.58% 7 Bexley 3 Hillingdon 7.37% 8 Sutton 5 Havering 9 Lewisham 7.71% 10 Redbridge London is one of the most desirable global cities to live in and this is reflected in prices. However, there are areas of London that still provide good value for money and here we list the top ten most affordable boroughs to buy as measured by the house price to earnings ratio. House price to earnings ratio 35 (%) 30 25 20 7 Bexley 7.88% 15 10 6 Newham 7.82% 5 9 Lewisham 8.46% Brent Ealing Sutton Barnet Bexley Enfield Merton Harrow Bromley Islington Camden Croydon Lambeth Hackney Newham Havering Haringey Hounslow Lewisham Hillingdon Redbridge Southwark Greenwich Wandsworth City of London Tower Hamlets Tower Ham. & Fulham Waltham Forest Waltham 8 Sutton Kens. & Chelsea Kens. 8.33% 4 Croydon City of Westminster Kings. upon Thames Richm. upon Thames Barking & Dagenham 7.65% Most affordable Least affordable 12–13 14–15 Top 10 1. Merton 2. Enfield Areas where demand is not matched by supply Merton currently has 79,000 The number of households; this is expected to households in Enfield is increase by 20,000 over the projected to increase by 1 Merton 10 Haringey next decade. However, there 19% or 23,000 over the 2 Enfield are only 751 units in the next ten years. However, planning pipeline, which would there are only 1,200 units 3 Bromley satisfy less than 1% of the in the planning pipeline. 4 Redbridge expected demand. 4 Redbridge 5 Kingston upon Thames 6 Richmond upon Thames 7 Bexley 8 Hillingdon 9 Islington 2 10 Haringey London suffers from a huge under supply of housing, with around one home built for every five people who move here. This is one of the factors underpinning recent house price growth. Here we list the top ten boroughs with the largest demand and supply imbalance, which indicates they have the potential for stronger capital growth. Demand (increase in households) vs supply (planning pipeline) 35,000 1 7 Bexley 30,000 3 25,000 8 Hillingdon 20,000 6 Richmond upon Thames 15,000 10,000 5,000 5 Kingston upon Thames 9 Islington 3. Bromley Although official forecasts Brent Ealing Sutton Barnet Bexley Enfield suggest the number of Merton Harrow Bromley Islington Camden Croydon Lambeth Hackney Newham Havering Haringey Hounslow Lewisham Hillingdon households in Bromley will Redbridge Southwark Greenwich Westminster Wandsworth increase by 18,000 over the City of London Tower Hamlets Tower Ham. & Fulham Waltham Forest Waltham Kens. & Chelsea Kens. next decade, it only has a Kings. upon Thames potential current new supply Richm. upon Thames Barking & Dagenham of around 1,300. Demand Supply 16–17 Ten towers that raise our expectations Being tall gets the headlines, but it isn’t the only thing that makes a tower stand out from the competition. It’s view, South Bank Tower Lexicon Caneletto London location and amenity offer are Developer: CIT Developments Developer: Mount Anvil / Affinity Sutton Developer: Groveworld also important to buyers. Height (Storeys): 42 Height (Storeys): 36 Height (Storeys): 31 Here are our top ten buildings Amenities: 9 Amenities: 9 Amenities: 9.5 that are currently available Location: 9 Location: 7 Location: 7 to buy; they reach for the skies Views: 10 Views: 9 Views: 8 in more ways than one. St Pancras Shoreditch Merano Residences The Heron Developer: St James Developer: Heron Corporation Height (Storeys): 28 Height (Storeys): 36 Amenities: 9 City of London Amenities: 9 Location: 9 Covent Garden Location: 8 Views: 10 Views: 10 One Nine Elms One Tower Bridge Developer: Dalian Wanda Developer: Berkeley Homes Vauxhall Height (Storeys): 59 Height (Storeys): 22 Amenities: 9 Amenities: 9 Location: 8 Location: 9 Views: 10 Views: 10 Nine Elms Nine Elms Point The Corniche One Blackfriars Developer: Barratt Developer: St James Developer: St George Height (Storeys): 39 Height (Storeys): 27 Height (Storeys): 50 Amenities: 8 Amenities: 9.5 Amenities: 9.5 Location: 7.5 Location: 8 Location: 9 Views: 8 Views: 10 Views: 10 18–19 Top 10 Top 10 Tallest completed towers in London 2013 Tallest future towers in London 2013 The Shard The Tower, One The Landmark Stratford Halo Pioneer Point Woodberry Park The Landmark One Nine Elms Arrowhead Quay One Lansdowne Principal Place Vauxhall Cross / – Sellar Property Group St George’s Wharf – Charlegrove Properties – Genesis Housing – Empire Property Group – Berkeley Homes North (CityPride) – Dalian Wanda (Waterside House) Road – Brookfield Europe Vauxhall Square – Completed – St George – Completed Association – Completed – Completed – Charlegrove Properties – 59 storeys – Ballymore Group – Guildhouse UK Ltd – 50 storeys – CLS Holdings summer 2012 – Completed summer 2010 – Completed summer 2011 autumn 2012 – 75 storeys – 436 apartments – 55 storeys – 55 storeys – 243 apartments – 50 storeys summer 2013 summer 2013 – 87 storeys – 44 storeys – 33 storeys – 27 storeys – 752 apartments – Planning permission – 423 apartments – 377 apartments – Planning permission – 410 apartments – 43 storeys – 10 apartments – 50 storeys – 647 apartments – 267 apartments – 298 apartments – Planning permission – Planning application – Planning permission – Planning permission – Estimated £50m each – 223 apartments – Average £700 psf – 410 apartments – For rental market – Average £455 psf – £0.8m – £8.5m – For rental market 100 Pan Peninsula Strata The Heron The Distillery Park Place (Heron Morello Tower Cuba Street One Blackfriars 100 – Ballymore Group – Brookfield Multiplex – Heron Corporation – Galliard Homes Quay Sections I/III) – Menta development – St George – Completed – Completed – Completed – Completed – Canary Wharf Group – 55 storeys – Ayken Group – 50 storeys Development Ltd autumn 2008 summer 2010 summer 2013 summer 2013 – 58 storeys – 427 apartments – 274 apartments – 52 storeys – 48 storeys – 43 storeys – 36 storeys – 28 storeys – 493 apartments – Planning permission – Under construction 90 – 736 apartments – 310 apartments – 284 apartments – 214 apartments – Planning application – 356 apartments 90 – Average £900 psf – Average £830 psf – Average £1,300 psf – £485 psf – Planning application expired 80 80 70 70 Height (storeys) 60 60 50 50 40 40 30 30 20 20 20–21 Top 10 Top 10 Tallest completed towers in London 2014 Tallest future towers in London 2014 Last year the average height of towers in the planning pipeline was 56; this has increased by 5 stories to 61. The Shard The Tower, One The Landmark Stratford Halo Pioneer Point Altitude Aldgate Landmark North South Quay Plaza The Diamond Wood Wharf Arrowhead Quay The
Recommended publications
  • One Blackfriars in the London Borough of Southwark Planning Application No.12/AP/1784
    planning report PDU/2894/01 18 July 2012 One Blackfriars in the London Borough of Southwark planning application no.12/AP/1784 Strategic planning application stage 1 referral (new powers) Town & Country Planning Act 1990 (as amended); Greater London Authority Acts 1999 and 2007; Town & Country Planning (Mayor of London) Order 2008 The proposal The erection of three buildings a tower of 50 storey (containing 274 residential units) plus basement levels, of a maximum height of 170 metres above ordnance datum (AOD), a low rise building of 6 storey “the Rennie Street building”, a low rise 4 storey building “the podium building” which together provide a mixed use development totalling 74,925 sq.m. gross external area comprising: class C1 hotel use, class C3 residential use , Class A1to A5 retail use; and 9,648 sq.m. of basement, ancillary plant, servicing and car parking with associated public open space and landscaping. The applicant The applicant is St George South London Ltd, the architect is Ian Simpson Architects and the agent is CBRE. Strategic issues Strategic issues for consideration are the principle of the proposed development; housing, affordable housing; London’s visitor infrastructure; urban design and inclusive design tall buildings and strategic views; access; Children’s and young people’s play; transport; climate change mitigation and energy; Transport and Community Infrastructure Levy. Recommendation That Southwark Council be advised that while the application is generally acceptable in strategic planning terms the application does not comply with the London Plan, for the reasons set out in paragraph 130 of this report; but that the possible remedies set out in paragraph 132 of this report could address these deficiencies.
    [Show full text]
  • Hot 100 2016 Winners in London’S Residential Market CBRE Residential 2–3 Hot 100 2016
    CBRE Hot 100 2016 winners in London’s residential market CBRE Residential 2–3 Hot 100 2016 The year is drawing to a close and so our annual Hot 100 report is published. Find out where was hot in 2016. Contents Best performing locations 4–5 Most affordable boroughs 8–9 For nature lovers 10–11 For shopaholics 14–15 Boroughs for renters 16–17 Best school provision 20–21 Tallest towers 22–23 Highest level of development 24–25 Demographic trends 28–29 Best economic performance 30–31 CBRE Residential 4–5 Hot 100 2016 Top 10 Best performing locations Although prices remain highest in Central London, with homes in Kensington and Chelsea averaging £1.35 million, the other London boroughs continue to see the highest rate of growth. For the second year running Newham tops the table for price growth. This year prices in Newham increased by 24%; up from 16% last year. The areas characterised by significant regeneration, such as Croydon and Barking and Dagenham, are recording price rises of 18% and 17%, which is well above the average rate of 12%. Top Ten Price growth Top Ten Highest value 1 Newham 23.7% 1 Kensington and Chelsea £1,335,389 2 Havering 19.0% 2 City of Westminster £964,807 3 Waltham Forest 18.9% 3 City of London £863,829 4 Croydon 18.0% 4 Camden £797,901 5 Redbridge 18.0% 5 Ham. and Fulham £795,215 6 Bexley 17.2% 6 Richmond upon Thames £686,168 7 Barking and Dagenham 17.1% 7 Islington £676,178 8 Lewisham 16.7% 8 Wandsworth £624,212 9 Hillingdon 16.5% 9 Hackney £567,230 10 Sutton 16.5% 10 Haringey £545,025 360 Barking CBRE Residential 6–7 Hot 100 2016 CBRE Residential 8–9 Hot 100 2016 Top 10 Most affordable boroughs Using a simple ratio of house prices to earnings we can illustrate the most affordable boroughs.
    [Show full text]
  • Download the Development Showcase Here
    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.
    [Show full text]
  • Spring Retail Report 2014
    Spring Retail Report 2014 Continued Confidence Crucial Introduction by Graham Chase Who Turned The Switch? In-Town Agency Evolution not Revolution Out-of-Town Agency Prime & Dominant Secondary Assets On The Up Retail Investment PACT - Better The Devil You Know... or Why The Devil Not? Professional Convenience is King Superstores and Supermarkets Localism or Free For All? Planning Who’s who at C&P Key Contacts 01 Contents “The biggest scandal 03 Continued Confidence Crucial affecting retail Introduction by Graham Chase property has been 07 Who Turned The Switch? the Government’s In-Town Agency decision to delay 13 Evolution not Revolution the rating valuation, Out-of-Town Agency creating significant 19 Prime & Dominant Secondary Assets On The Up inequalities and Retail Investment unfairness on 25 PACT - Better The Devil You retail businesses. Know... or Why The Devil Not? The recession and Professional downturn in trade 29 Convenience is King has ravaged various Superstores and Supermarkets parts of the 35 Localism or Free For All? country, particularly Planning those outside of the 39 Who’s who at C&P South East.” Key Contacts Continued Confidence Crucial Introduction by Graham Chase Spring Retail Report 2014 Introduction by Graham Chase Continued Confidence Crucial Introduction 03 Return to Contents Confidence in any market is a crucial ingredient for a positive approach. The retail property sector craves confidence more than most, for it is the consumers and their expenditure that drives this significant and important component of the UK’s economy forward. Confidence Returns in their share price above the FTSE 100 average. Further, the number of published For the first time since the middle of 2007, requirements by retailers reflects expansion some seven years ago, there are clear signs across the board.
    [Show full text]
  • UK Collection and Prime
    THE COLLECTION AUTUMN/WINTER 2019 LONDON NEW HOMES THE COLLECTION | THE COLLECTION 1 03 Welcome 04 Our Expertise 07 Our Team 08 Development Map 10 Developments WELCOME 52 Prime Collection Local Network While ambiguity over the UK’s future relationship with the 74 EU continues to be the main topic of most conversations, International Network the appeal of London as a place to live in, work in, study in 76 and visit has remained strong. CONTENTS 78 Research In the past 6 months, here at Knight Frank New Homes, we have seen significant levels of new registrations and Our Services transactions from owner occupiers and investors alike, 79 signalling strong buyer demand. Our objective is to connect people and property perfectly; we do hope that within the following pages you will find that match, be it the home that suits your or your family’s needs, or that investment you have been searching the market for. THE COLLECTION | THE COLLECTION We hope you enjoy the autumn/winter edition of The Collection. If you have any further questions or would like to arrange a viewing, please get in touch. Our team would love to help you. | THE COLLECTION 3 2 Henry Faun Head of London International Project Sales (MENA) IG: @HenryFaun M: +971 56 1102 407 E: [email protected] OUR EXPERTISE There’s a human element in the world of property that is too easily overlooked. At Knight Frank we build long term relationships with our clients, which allow us to provide personalised, clear and considered advice on all areas of property in all key markets.
    [Show full text]
  • AN INTRODUCTION to BERKELEY GROUP OUR PURPOSE to Build Quality Homes, Strengthen Communities and Improve People’S Lives
    AN INTRODUCTION TO BERKELEY GROUP OUR PURPOSE To build quality homes, strengthen communities and improve people’s lives. OUR VISION To be a world-class business, defined by the quality of the places we create, generating long-term value and having a positive impact on society. OUR VALUES Have Integrity Be Passionate Think Creatively Respect People Goodman’s Fields, Aldgate Excellence Through Detail BUILDING COMMUNITIES For Berkeley, development is all about people. We go beyond the conventional role of a developer and put the strength and wellbeing of the wider community at the heart of every plan. We listen to local people and find out what they care about most. Then we work in partnership to shape unique, locally inspired masterplans with a mix of beautiful public spaces, natural landscapes and welcoming amenities that bring people together to enjoy community life. Beaufort Park, Colindale CONNECTING PEOPLE AND NATURE We believe that people and nature belong together. So in 2017 we became the first UK homebuilder to commit to enhancing nature on every new site, no matter what the land’s existing use. We use our Net Biodiversity Gain Toolkit to measure established habitats and create long-term strategies to preserve, enhance and expand nature, so that we leave behind a more beautiful and sustainable living landscape. We work in partnership with local Wildlife Trusts to create these nature-rich places and engage local communities in their growth and stewardship. Edenbrook Village, Fleet CLIMATE ACTION We want to play a lead role in decarbonising the built environment sector. Our business operations have been carbon positive since 2018, through taking action to reduce energy use and offsetting more emissions than we produce.
    [Show full text]
  • London, a World-Class City an Introduction to the Berkeley Group
    LONDON, A WORLD-CLASS CITY AN INTRODUCTION TO THE BERKELEY GROUP Our ambition on every site is to create a beautiful, successful place. TONY PIDGLEY, CBE CHAIRMAN, THE BERKELEY GROUP 2 LONDON, A WORLD-CLASS CITY London is an extraordinary city, a magnet for people I believe it’s the talent of our architects and the and a hub of creativity and enterprise. Its architecture clients who commission them that keeps London and public spaces play a huge part in this appeal. fresh. Together they continually create places that They define the ‘picture postcard’ view that makes flex to the changing needs of our workforce, our London such a big draw for visitors. education, and our lifestyles. Yet it is the city’s ability to refresh and renew itself, The best new development has a great sense of respect blending contemporary buildings and public realm for London’s neighbourhoods. Despite all the pressures with the historic fabric, that is so intrinsic to its that come with growth, it recognizes that we are drawn success. International headquarters sit alongside to beautiful, sociable spaces. Places that feel authentic Elizabethan pubs and modern homes. You find arts and truly designed for people. venues forged from heritage buildings to make Today, neighbourhoods throughout London are set space for our contemporary creative spirit. to change, driven by the urgency of providing more Above all, London remains a collection of villages. homes for everyone within a finite footprint. The quality Neighbourhood shops and restaurants, local parks and of architecture and new development always matters. attractions, all produce a global world city and yet still But perhaps now more than ever, it seems to me feel intimate, local and familiar at the same time.
    [Show full text]
  • PRCA Public Affairs Register: Consultancies – September to November 2013
    PRCA Public Affairs Register: Consultancies – September to November 2013 Aardvark Communications Office(s) address: 843 Finchley Road London NW11 8NA Tel: 07779 102 758 Email: [email protected] List of employees that have conducted lobbying services: Richard Ellis List of clients for whom lobbying services have been provided: Advantage42 Aiken PR Office(s) address: 418 Lisburn Road, Belfast, BT9 6GN Tel: 028 9066 3000 Fax: 028 9068 3030 Email: [email protected] (office manager) List of employees that have conducted lobbying services: Claire Aiken Lyn Sheridan Shane Finnegan Patrick Finlay List of clients for whom lobbying services have been provided: McDonald’s Diageo APCO WORLDWIDE Office(s) address: 90 Long Acre, London, WC2E 9RA Tel: 020 7526 3620 Fax: 020 7526 3699 Email: [email protected] Website: http://www.apcoworldwide.com/uk List of employees that have conducted lobbying services: Adrian Edwards Alex Clackson Anjali Jingree Alexandra Bigland Alfred von Stauffenberg Ben Steele Bridget Taylor Charlotte Higgo Chris Genasi Christopher Steel Claire Laurence Daniella Lebor Danielle McGuigan David Clark Edward Bird Edward Walsh Elise Martin-Davies Emma Putt Fiona Funke Francis Mote Graham Ackerman James Acheson-Gray Jessica Sullivan Joanne Milroy John Roberts Jolyon Kimble Jenny Runnacles Keir Ferguson Laure Stein Lidia Borisova Lionel Zetter Magdalen Bush Maria Lavrova Martin Sawer Matthew Bostrom Megan Wanee Melis Ogutcu Michael Burrell Phoebe Judd Roger Hayes Rupert Davis Sara Cruz Stephanie Lvovich Thomas Eymond-Laritaz Tom Quayle William Browne William Wallace List of clients for whom lobbying services have been provided: A.I.S.E asbl Arison Investments Ltd Bangko Sentral ng Pilipinas British Association Pharmaceutical Wholesalers (BAPW) BlackBerry Butler Snow PLLC Church of Jesus Christ of the Latter-day Saints Constellium Credit Suisse Cruise Line International Association Danaher UK Industries DEK International DePuy International Dow Corning Dynex S.A.
    [Show full text]
  • Modern Heritage Discover More 1
    MODERN HERITAGE DISCOVER MORE 1 A NEW FUTURE WELCOME TO LONDON DOCK... Time has seen Wapping take on different roles but always with the same enduring spirit. It has constantly evolved and London Dock represents another proud chapter in its long and illustrious history. This new development is set against a landscape of world famous destinations and landmarks, in one of the most exciting cities in the world. Designed for 21st century living, this is where your adventure begins. London Dock, discover more. 2 LONDON DOCK DISCOVER MORE 3 Computer generated image. Indicative only 4 LONDON DOCK DISCOVER MORE 5 A PLACE OF CHARACTER AND HISTORY 1 2 ALONGSIDE THE BANKS OF THE RIVER THAMES, COLOURED BY THOUSANDS OF YEARS OF HISTORY, WAPPING HAS ALWAYS BEEN A HUB OF COMMERCE AND LIFE. By the late 18th Century, Wapping made London one of the busiest ports in the world. The building of The London Docks transformed a small riverside village into one of the liveliest districts in the Capital. Wapping was a gateway to the British Empire, a commercial centre and a mix of cultural influences. Celebrated figures made their home here, like explorer and captain of the Endeavour, James Cook. A resident of Wapping in the 1750s, he later became the first European to master the east coast of Australia. Wapping was also home to artists and writers. Charles Dickens drew inspiration from the area during visits to his godfather in nearby Limehouse. Much of what he saw of life in the docks and at the riverside became famous scenes in his books like Oliver Twist and Great Expectations.
    [Show full text]
  • Property Investor Profiles AER
    Property Investor Profiles AER Aerium Finance Ltd Fund 49 Grosvenor Street, London W1K 3HB AEW UK REIT Plc Tel: 0207 838 7900 Fax: 0207 838 7858 Fund Manager: AEW UK Investment Management LLP Email: [email protected] 33 Jermyn Street, London SW1Y 6DN Web: www.aerium.com Tel: 020 7016 4800 Fax: 020 7016 4700 Contacts Email: [email protected] Franck Ruimy (CEO) Web: www.aeweurope.com Robin Carr (UK Fund Director) Contacts Comment Alex Short (Portfolio Manager) Aerium, which has been established since 1988, currently Comment manages circa €6.1 billion of real estate assets across 12 countries AEW UK REIT Plc was listed on the Official List of the UK Listing and is in the process of raising capital for its seventeenth fund, a Authority and admitted to trading on the Main Market of the London Pan-European Value-Add Fund. (03/15) Stock Exchange on 12 May 2015, raising £100.5m. 02/14 - European real estate fund manager Aerium purchased New 06/15 - AEW UK REIT purchased Eastpoint Business Park, Oxford Uberior House and Princes Exchange in Edinburgh from Invesco for £8.2m, reflecting a net initial yield of 9.4% including rents and for £61.75m. rent guarantees. Eastpoint Business Park, Oxford comprises five self contained office buildings totalling 75,000 sq ft. Tenants 03/15 - Aerium sold a 15% stake in its operating business to include Clarendon Business Centres and Cancer Partners UK. NorthStar Realty Finance Corp Year Ending Dec 2013 Dec 2012 Dec 2011 Fund Turnover £7.92m £8.16m £8.5m Pre-Tax Profit £1.35m £1.35m £0.05m AEW UK South East
    [Show full text]
  • Environmental Statement Regulation 22 Addendum
    Environmental Statement Addendum Contents 1.0 Introduction to Regulation 22 ES Addendum ........................................ 1 1.1 Background ......................................................................................................................... 1 1.2 Further Environmental Information Included in this ES Addendum .................................... 2 2.0 Environmental Impact Assessment Methods ........................................ 4 2.3 Assessment Scenarios and Approach ................................................................................ 4 5.0 Construction and Development Programme ........................................ 11 5.2 Construction Programme and Works for the Development .............................................. 11 8.0 Transport ................................................................................................. 14 10.0 Air Quality ............................................................................................... 23 10.3 Assessment Methods and Significance Criteria ............................................................... 23 10.5 Assessment of Effects of Development ............................................................................ 23 10.9 Summary of Assessment .................................................................................................. 25 11.0 Water Resources and Flood Risk .......................................................... 27 17.0 Wind and Sailing ....................................................................................
    [Show full text]
  • Berkeley Group, Portfolio, Magazine
    PORTFOLIO THE BERKELEY GROUP PORTFOLIO 2019–2020 Creating great homes and communities across London, Birmingham and the South of England PORTFOLIO 2019–2020 WELCOME | 1 A Reputation for Excellence WE FOCUS ALL OUR EFFORTS ON CREATING BEAUTIFUL HOMES AND AMAZING PLACES IN WHICH TO LIVE, WORK AND RELAX. CONTENTS CREATING COMMUNITIES 2 | BUILT ON RESPECT 4 | DESIGNED FOR GROWTH 6 | QUALITY FIRST TO LAST 8 | WHERE WE OPERATE 10 | OUR LONDON DEVELOPMENTS 12 | DEVELOPMENTS BEYOND LONDON 74 | COMING SOON 110 | OUR VISION 130 | THE BERKELEY FOUNDATION 131 | THE BERKELEY FAMILY 132 | ACCOLADES 133 Royal Arsenal Riverside 2 | PORTFOLIO 2019–2020 WELCOME PORTFOLIO 2019–2020 WELCOME | 3 Creating Communities Berkeley is no ordinary housebuilder. For over 40 years, we have applied our knowledge and skills to create strong, successful communities. Our heritage and longevity in the market are founded on a total commitment to excellence in everything we do. Every year, thousands of people – families, couples, downsizers, investors – put their trust in Berkeley. They know their new home will be meticulously designed and solidly built with quality craftsmanship. They also trust us to act with the utmost integrity in creating exciting destinations that put the wellbeing of people, the environment and society first. Our drive and passion for responsible housebuilding has garnered many awards over the years, including The Sunday Times Housebuilder of the Year and WhatHouse? – Housebuilder of the Year. We are proud to be the only developer to have received the Queen’s Award for Enterprise for Sustainable Development twice (2008–2013 and 2014–2019). The Berkeley Foundation, our registered charity, has given over £14.9 million to more than 100 charities and worthy causes, and this will continue into the future.
    [Show full text]