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Old January 21st, 2011, 11:44 PM   #2101
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Just to say that PortoNuts is doing a phenomenal job.

Like the London skyline, KEEP IT UP!
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Old January 22nd, 2011, 12:14 AM   #2102
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Originally Posted by k% View Post
can someone tell me the name of the city or district that was this photo taken from?

Westow Hill in Crystal Palace.
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Old January 22nd, 2011, 09:47 PM   #2103
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British Museum Extension

by Ciudad Bristol.

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Old January 23rd, 2011, 05:37 PM   #2104
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From January 19.

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Welcome to the land of the Candy brothers

Today, at One Hyde Park, 300 guests sat down to lunch cooked by Heston Blumenthal and Daniel Boulud. For Nick and his brother Christian, developers of the luxury apartment block next to the Mandarin Oriental, there was triumph and relief - finally their project is ready for launch.

For the past few years, the scheme has dominated this corner of Knightsbridge - in more ways than one. The traffic has been horrendous as the imposing concrete and glass structure has taken shape, although the Candys insist the jams and delays are not of their making - Transport for London has been slow to make its own agreed changes to the busy junction.



And while this lunchtime's official opening should mark the end, the bad news for frustrated bus and other road users is there's still to be no relief. Congestion will continue to be hellish for at least another year as work (nothing to do with the Candys) begins on the site of the former Normandie Hotel nearby - plans have been approved for a 76-bedroom hotel, restaurant, retail space and five residential flats on no less than six basement levels, ground floor and nine upper floors.

By the time that is completed, the brothers and their backers hope all their units in One Hyde Park will have been sold. Designed by Richard Rogers, they are intended as the last word in luxury. Certainly, they retail at prices unheard of in London or virtually anywhere in the world - £6,000 a square foot, which means a four-bed apartment reaching from the front of the building to the back overlooking Hyde Park costs just short of £60million.

The top penthouse has gone for £135million. In all, the Candys say they have sold half the 86 units.


The house the Candys built: brothers Nick and Christian offer luxury, gadgetry and oodles of marble, porcelain and silk and leather wall coverings

What do you get for that sort of money? Bomb blast-protected windows, fortress-type security, computerised lighting and audio, use of a state-of-the-art gym complete with private exercise and treatment rooms and 21m "ozone" swimming pool, saunas, steam rooms, squash court, golf simulator, "virtual" games room, wine cellars, business suite and meeting rooms, entertainment rooms, Park Library, underground car park, car cleaning and valet parking ... the list of accoutrements and gadgetry goes on and on. There are separate entrances for staff and room service from the restaurants of stellar chefs Blumenthal and Boulud at the Mandarin Oriental should they so desire (there's a connecting tunnel for the 60 hotel staff who will service the apartments). Plus "Candy & Candy" interiors if they want them, with oodles of marble and porcelain and silk and leather wall coverings.

But buying an apartment in One Hyde Park, the brothers argue, is about much more than acquiring a property in which to live and entertain and rest your head for the night. They say it's also to do with acquiring the most prestigious address in the world. Their reasoning is that London is the planet's pre-eminent financial centre and a tax haven for many rich foreigners. Its best residential location, they maintain, is at the top of Sloane Street, the city's most fashionable shopping street, bang opposite Harvey Nicks and directly adjacent to Hyde Park. And that spot has been renamed by them One Hyde Park.

To reinforce the message of international, top-of-the-market appeal, the ground floor commercial spaces at One Hyde Park have been sold to Rolex watches, McLaren performance cars and Abu Dhabi Islamic Bank.

We may baulk at the cost but in truth they are not really catering for us. They are aiming One Hyde Park at the sort of jet-setters who already have bases in New York, Singapore, Dubai, wherever - and need somewhere central in London.

These are purchasers, too, who have not suffered much in the credit crunch, if at all, who have money to burn and can afford to buy an apartment running into tens of millions, seemingly with their loose change.

As if to emphasise that, they say the £135million penthouse was bought by someone making a casual enquiry via the internet on a weekend afternoon. That's right. Such folk exist, apparently. There you are, casting around on Google because you're bored and a few clicks later you're on your way to spending north of £100million. They won't say who he is (it is a male), but "he's not an Arab, not a Russian".

Raised in Surrey and educated at Epsom College, Nick Candy was a failed accountant turned junior advertising executive and Christian was in banking when they bought a flat in 1995 in Earl's Court for £122,000, aided by the loan of £6,000 from their grandmother, and sold it for a £50,000 profit.

That was their first development. Since then they've gone on to create waves, with ever more extravagant schemes. They turned a 19th-century building in Manresa Road in Chelsea into 16 "eight-star" apartments, one of which cost £27million and set a then London record. At Chesham Place in Belgravia, they built another luxury block. They decamped to Monaco and lived in La Belle Epoque, the penthouse apartment occupied by the banker Edmond Safra until his death in a fire allegedly started by his nurse. They sold La Belle Epoque for £199million last year.

But it's not all been plain sailing. They've also become associated with failures: the former Middlesex Hospital north of Oxford Street or as they dubbed it "Noho Square"; Chelsea Barracks, and in California, the site of the defunct Robinson's-May department store on LA's Wilshire Boulevard. They were quick to attribute the blame. Problems at Kaupthing, the Icelandic bank that funded Middlesex Hospital and Los Angeles, were responsible for those flops. On Chelsea Barracks, they took to court their ex-partner, Qatari Diar, the mighty Qatar sovereign wealth fund, when it got cold feet over the plans after Prince Charles declared his opposition.

Unmarried Nick has recently returned to London (he is in a relationship with actress Holly Valance and lives in Chesham Place) where he oversees Candy & Candy, their interior design and development management operation. Just-married Christian (to It girl Emily Crompton) has continued to live in Monaco, a tax exile, flying back and forth, and running CPC, their Guernsey-based investment company (as well as everything else, Christian is currently trying to take over a £35million gold-mine in the Philippines and he's just launched Omni Capital, a secured bridging lender to wealthy borrowers and small-scale developers mostly in the smartest London postcodes).

Despite their success - and they claim to be worth £1 billion when all their assets and various interests are taken into account - the Candys have a lot riding on One Hyde Park.

After their well-publicised setbacks, they need it to succeed and for the apartments to be snapped up.

Urgently wanted: people with many millions to spare.
http://www.thisislondon.co.uk/lifest...dy-brothers.do
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Old January 26th, 2011, 06:32 PM   #2105
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Offices in outer London 'will benefit from Crossrail'

Offices in the outer London borough of Ealing will benefit from the Crossrail project, mayor of London Boris Johnson has suggested. Speaking at a meeting in Ealing about the transformation of local transport, Mr Johnson said he wanted to make travel more convenient.

And those who work at offices in the outer London borough of Ealing would be able to arrive at Canary Wharf from Ealing Broadway Station in under half an hour. Bond Street could be reached in 15 minutes and the time it takes to get to Farringdon may be slashed in half.

"The jewel in the crown must surely be the Crossrail project that will provide local people with lightning-quick links across the capital," Mr Johnson stated.

However, building work has been delayed at the Crossrail station in Woolwich. Operations need to start within the next six days in order for the station to be able to connect to the rest of the network in time, the Financial Times said.

Offices in outer London may enjoy lower rents than central London and companies could also find the Crossrail system makes working away from the centre more economically viable.
http://www.mellersh.co.uk/News.aspx?ArticleId=800364778
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Old January 26th, 2011, 06:41 PM   #2106
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Poplar HARCA And Jestico + Whiles Team Up Again

Jestico + Whiles has designed a new residential scheme to stand on the site of Tweed House which is located off Teviot Street in the London borough of Tower Hamlets.

The proposal for Poplar HARCA is for an L-shaped building consisting of a 13-storey tower with a 6-storey lower-rise element. Sitting on a roughly triangular site to the south of the Limehouse Canal, the scheme is on the very cusp of a residential area with an industrial one on the other side of the canal.

The original proposals for the site were for a 25-storey building that would shield the interior of the site from the busy road nearby, this was gradually scaled down following concerns about its excessive height to what has been proposed today.

Cladding the main exterior will be grey brick, although the western side of the building that looks in towards the site will have a lighter façade treatment with living rooms and big windows that are protected from the noise of the traffic. Continuous balconies will line this side of the building providing the residents with their own amenity space.

The existing Tweed House is an obsolete sixties council block with 47 apartments, whilst replacing it will be 115 new residential units offering a substantial uplift on the accommodation that is offered by the site. Of the 115 new flats, 60 will be offered to the private market with the rest affordable and to rent.
http://www.skyscrapernews.com/news.php?ref=2750
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Old January 28th, 2011, 04:23 PM   #2107
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Greenwich Council approves cruise liner terminal and cable car

Greenwich Council tonight approved two major schemes designed to strengthen the Peninsula's tourist infrastructure in time for the London Olympics:

1. A terminal at Enderby Wharf capable of handling cruise liners and a new public space connected to the Thames Path.

2.A cable car, which will link the O2 with the Excel centre, providing a new river crossing and a connection with the Jubilee Line at North Greenwich.

Darryl from 853Blog has been providing a live Twitter feed from the Council meeting and reports that both projects were backed unanimously. Both are expected to be ready in time for the 2012 Olympics, for which Greenwich is one of the host boroughs.
http://brockleycentral.blogspot.com/...ise-liner.html
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Old January 29th, 2011, 02:06 AM   #2108
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From www.bdonline.com

Rogers Stirk Harbour, Allies & Morrison, Hopkins and HOK are among those in the frame for one of the most prized schemes in London – the redevelopment of the Shell Centre

The firms are among the architectural contenders working within more than half a dozen developer-led teams bidding to mastermind a “world class” revamping of the 2ha site on the South Bank which could be worth up to £2 billion when completed.

Oil giant Shell announced last October that it was inviting pre-selected firms to propose mixed-use schemes to revamp the surrounds of the landmark 1963 Shell tower including three nine-storey “wing” buildings.

While developers in the running include Aviva, Land Securities, Delancey and Chelsfield working with London & Regional, strict confidentiality agreements have left the precise make-up of the teams unclear.

But BD understands that Rogers Stirk Harbour is working with Canary Wharf Group, which is also its client on the huge Riverside South scheme in London’s Docklands.

David Chipperfield Architects last September won the competition to redevelop the neighbouring Elizabeth House, but has declined to take part in the Shell Centre competition, citing the pressures of its existing workload.

A source close to the bidding process described it as a “big opportunity” adding that applications needed to be in at the end of this month, with a shortlist of three expected to emerge early in March.

“You just don’t get such large sites in central London,” he said. “The brief is to develop the whole of the site except for the Shell tower, which will remain the home of Shell for the future.

“Shell sees that as part of its corporate identity and has put a lot of money into refurbishing it.”

Back in October, Shell predicted that it would appoint a developer in the spring.

Speaking at the time, Mike Napier, head of Shell real estate, said the centre’s prime position offered “an unrivalled opportunity to deliver a world-class mixed-use development”.

To facilitate the work, Shell is to relocate up to 2,000 staff from the wing buildings to Canary Wharf but plans to return them once the redevelopment is completed.
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Old January 29th, 2011, 04:03 PM   #2109
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Tate Modern Extension

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Old January 29th, 2011, 09:15 PM   #2110
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Kier wins £45m London Victoria green office project

Joint venture developers Doughty Hanson and Terrace Hill Group have signed a deal with Kier to build offices and flats in London Victoria. Demolition of existing buildings is already well underway and Kier is due to start work on the 280,000 sq ft One Howick Place scheme later next month.

The mixed-use redevelopment will see the contractor build high quality offices, alongside 33 apartments and ground floor retail space.

The building will boast several energy saving features including combined cooling and heating plant and photovoltaic cells on the roof. These measures will help the building achieve BREEAM rating of ‘Excellent’.

Philip Leech, Chief Executive of Terrace Hill, added: “The completion of the development in the Autumn of 2012 is designed to coincide with a period when growth in occupier demand will be set against a backdrop of very limited competing supply.

“We are already seeing rental growth in the Victoria office market which we expect to be sustained over the next three to four years.”
http://www.constructionenquirer.com/...ndon-victoria/
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Old January 30th, 2011, 03:59 AM   #2111
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London's new £200m hotel – where the owners want to check out already

London's latest addition to the hotel market opens next month, hoping to attract not only well-heeled guests but well-positioned buyers as it showcases what comes with its £200m asking price.


The rooms (from £269 a night) are chic

The W Hotel, in the grimy tourist ghetto of Leicester Square, is a no-expense-spared, 192-bedroom development that is being marketed by Jones Lang LaSalle Hotels on behalf of Northern Irish developers McAleer & Rushe, who bought the former Swiss Centre building for £47m in 2004.

Industry sources have maintained the sale is not forced, but represents McAleer & Rushe's desire to fund 'reinvestment in new projects'. A spokesman for the developers said earlier this month that they'd had "numerous direct approaches" from parties interested in buying the building.

He added: "In light of the current strong demand for prime London property, we have appointed Jones Lang LaSalle to conduct a review of our best possible strategy. "Our priority is to ensure the successful completion of this project on time and on budget."


The W Hotel, in Leicester Square, is a no expense-spared, 192-bedroom development

When the hotel opens to the public on 14 February, the owners hope that design quirks like Chesterfield-style sofas set around two circular fireplaces will attract interest in a fiercely competitive market.

What comprised the Swiss Centre's 1963 modernist exterior now takes the form of an art installation created by UK artist Jason Bruges. When it opens, six cameras on the hotel's roof will record life at both sky and street level. This footage is then projected via LEDs on to the outside of the building.

Inside, meanwhile, the black, dimly-lit corridors give the place an exclusive nightclub feel, a distinct remove from the usual beige palette favoured by luxury hotel chains.

There's also a screening room which, according to hotel gossip, is only there as a favour to the former Mayor of London, Ken Livingstone. Apparently the cinema in the old Swiss Centre was the place he took his wife on their first date, and since planning permission for the hotel was granted when he was still in office, perhaps it's more than just tittle-tattle.

While the rooms (from £269 a night) are chic, it's the high-priced suites that W hopes will attract a buzz. They feature double-headed showers and baths big enough to fit several people. Then there's the penthouse or "E-Wow" suite, which has a rotating sofa, a Jacuzzi with a 62-inch TV, and a mirrored ceiling above the king-size bed. Yours for £5,000 a night.


The Wyld Bar is also central to W's idea of projecting a fun image

The Wyld Bar is also central to W's idea of projecting a fun image. The hotel has employed Matt Hermer, whose Ignite group owns the west London society nightclub Boujis, to run the bar. Mr Hermer says he is modelling the place on the Met Bar, the Park Lane hang out of celebrities in the 1990s.

"The Met Bar was the first hotel bar that was uber-cool," he says. "It set the scene nearly 20 years ago. We want to help make hotels cool again." W hotels worldwide are magnets for celebrities – and the company, owned by Starwood Hotels, is on a drive to double its current array of 37 properties this year. So will the W be actively competing with the stars' current favourites?


A lounge area

"We're not proactively looking for that, although we have had enquiries," says Kevin Rockey, the general manager. "We want to do things in a different way. We're not looking to just host parties, we also want to create and collaborate."

"It's a great location," says Mr Rockey. "You can walk to Soho, Chinatown, Mayfair and Covent Garden."
http://www.independent.co.uk/arts-en...y-2195538.html
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Old January 31st, 2011, 03:40 PM   #2112
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Work starts on first homes at King's Cross Central

Work has started at King’s Cross Central on the first residential building, which will provide 117 high quality affordable homes.

The thoughtfully planned building on York Way, designed by PRP Architects, will include 15 supported housing apartments, 78 general needs rented apartments, 24 shared ownership apartments and a private roof terrace for residents’ use.

Almost a third of the units are for families with either three or four bedrooms and over half the homes will have generous private balconies. All have been designed to meet Lifetime Homes standards.

Progress on site follows a development agreement signed in 2009 between One Housing Group and King's Cross Central to deliver the first phase of affordable housing which includes this building. Completion is due in early 2012.

Overall the King’s Cross Central project will deliver 1,900 new homes, 20 new streets, 10 new major public spaces and the restoration of 20 historic buildings and structures across the 67 acre site.
http://www.kingscrosscentral.com/art...ross%20Central
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Old January 31st, 2011, 06:20 PM   #2113
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Derwent to redevelop Saatchi & Saatchi offices

Derwent London has submitted plans to redevelop Saatchi & Saatchi’s iconic central London headquarters, in a move that will create some 320,000 sq ft of central London office space.

Derwent London has submitted plans to redevelop Saatchi & Saatchi’s iconic central London headquarters, in a move that will create some 320,000 sq ft of central London office space.

The mixed use development will also contain 55 flats, of which 15 will be affordable homes, and is due to be finished by 2015.

Camden Council received the plans over a week ago and will reach a decision later this year, taking into account objections from local residents that the scheme represents an overdevelopment in an area marked by a strong sense of community.

Simon Silver, head of regeneration at Derwent, told the Telegraph: “We really like retaining most of the buildings. This follows on from the Johnson Building, the Burberry Building and the Angel Building, which have brought employment and major businesses into the area.”

Advertising giant Saatchi & Saatchi, perhaps most famous for work on Margaret Thatcher election campaigns, has occupied the building on Charlotte Street since the mid-1970s.
http://www.officialspace.co.uk/news/...atchi-offices/
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Old January 31st, 2011, 08:53 PM   #2114
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Tower Hamlets second in London for number of new homes

Home building in Tower Hamlets is continuing to grow – with the borough recording the second highest number of construction sites across London.Tower Hamlets was only behind Newham in the number of new developments within its borders, the latest London Residential Crane Survey showed.

But housing experts have warned that there are not enough family sized homes in the pipeline. Some 4,050 units of housing – most of them flats – were being built in the last six months of 2010 in the borough.That was an increase of 16 per cent from the previous six months leading up to summer.

Big projects in the East End include apartment blocks in Lanterns Court and Baltimore Wharf in Canary Wharf and at Caspian Wharf in Bow. Newham had 4,100 homes under construction – most in the Athletes’ Village. Between them, Olympic boroughs Tower Hamlets, Newham and Greenwich have 40 per cent of the homes currently being built across London.

The majority are private investments rather than public housing. Across London, 95 per cent of all units being built are flats.

Anthony Duggan, head of research at Driver Jonas Deloitte, who published the report, said: “Family housing is a real issue for London and this research shows the seriousness of the problem.”
http://www.eastlondonadvertiser.co.u...homes_1_788193
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Old January 31st, 2011, 09:10 PM   #2115
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Old January 31st, 2011, 09:46 PM   #2116
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London's Real-Estate Gold Rush

Prime London commercial real estate has emerged as an improbable postcrisis safe haven. Despite the UK's precarious economic situation, international investors poured more than €6 billion ($8.17 billion) into London offices and stores in the 18 months to June 2010, almost as much capital as the next nine most popular cities combined, according to CBRE.

Having fallen 50% from its peak, City offices have outstripped every other European market, at 25% higher, compared with a mere 2% gain in Paris, according to Investment Property Databank. But with some West End offices now changing hands at yields as low as 4%, global real-estate investors can find better value elsewhere.

For property investors, London's appeal lies in its perception as a reliable store of value, the real-estate equivalent of gold or the Swiss franc. International investors value its transparency and liquidity. Access to deals is open, unlike parts of Europe and Asia, where foreign investors are often shut out of the bidding or where legal protections are weak—making it hard to deploy capital. Investors are also attracted to its relative stability: Average leases on UK offices at 7.5 years are more than two years longer than in Germany. Prime London property is relatively decoupled from the fortunes of the UK economy and has been boosted by the pound's weakness.

But asset prices have started to become divorced from the fundamentals. London West End offices yield just 4.25% and City offices, 5.25%—close to the peak of the boom levels. Tru e, 10-year gilt yields have fallen since then to 3.6%, but interest rates are likely to rise next year and rental growth is uncertain. London City office rents fell in real terms by 4.2% over the past decade, a steeper decline than in Frankfurt and Paris, according to IPD. Further, UKbanks hold billions of pounds of secondary commercial real estate, which they may start unloading in 2011.

So, what should investors do? Within London, the smart money is now focused on new developments, betting that the supply of inward investment will remain strong while the supply of investment opportunities will remain weak. The pipeline of new office developments is running at less than half of the 25-year average. That also means there is likely to be a shortage of new office space available in 2014, when a large volume of long-term City leases start expiring, helping to boost rental growth. Land Securities, which is planning to start development on four London sites this year, is forecasting unleveraged returns of at least 14% on these ventures.

But for real-estate fund investors, other European markets now look more enticing: German shopping centers are benefiting from the strongest consumer outlook since reunification and yield 5.5%-6.5%. Investors also point to Paris offices, where the recovery has been slower. Swedish property, buoyed by an economy that grew 5.5% last year, also looks like a good value, despite the recent yield compression. With London an increasingly crowded trade, expect to see more international capital flow to these markets.
http://online.wsj.com/article/SB1000...163816596.html
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Old February 2nd, 2011, 11:35 PM   #2117
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Seager Distillery Tower

by SE9.

[IMG]http://i52.************/2625sed.jpg[/IMG]
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Old February 3rd, 2011, 12:01 AM   #2118
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Old February 3rd, 2011, 12:24 AM   #2119
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London's West End resilience to the downturn attracts cash investors

Over the last quarter of 2010, estate agency, LDG, noticed a 20% rise in cash buyers compared to the same period in 2009 – a sign that many individuals are more confident in investing their money in property in London’s West End, than they are leaving it in the bank.

During the last quarter of 2010, 88% of LDG’s buyers paid cash for their properties – an increase of almost 20% compared to the same period in 2009, when 66% of buyers paid cash.

Laurence Glynne, partner at LDG, said: “Low interest rates could be an explanation for this sudden increase in cash buyers, as money in the bank is not earning a good return, so people are keen to invest in something they believe to be more lucrative.

“People can see the stability and growth in the West End property market and feel it is a safe place in which to invest. It has benefitted from a number of regeneration schemes over the last few years and more are in the pipeline, which has boosted property prices. Also, the planned Crossrail project will improve the commuter links in and out of the West End, making the area more appealing and driving prices up further.”

Simon Taylor, commercial property consultant at LDG, adds: “The office market in the West End is particularly buoyant at the moment. The increased interest in commercial property in the area has resulted in some new mixed-use schemes being announced, as developers try to capitalise on the demand. Planning permission for new commercial schemes in the West End stipulates that residential homes must also be provided – these newly built residential properties are driving up prices in the area as they appeal to foreign investors who are willing to buy ‘lock-up-and-leave’ properties off plan.”

In the final three months of last year, 28% of LDG’s buyers were foreign and it is particularly interesting that none of these buyers purchased with a mortgage – all 28% paid cash. This shows the confidence that international buyers and investors have in the West End property market.

Laurence Glynne says: “Historically, the London property market always outperforms the rest of the UK and the West End in particular appears to be resilient to the downward trend that has affected much of the country. “For overseas buyers, the UK is seen as a stable country, both politically and economically, so they see property as a safe investment, particularly in prime London locations.

For the first quarter of 2011, LDG predict that the market will remain stable. Laurence concludes: “We have not yet experienced any surge in buyers ahead of the stamp duty increase on properties over £1million, which is planned for April. There are good levels of potential buyers currently looking for property in the area, but the demand outstrips supply as there is a lack of new properties coming onto the market.”
http://propertytalklive.co.uk/estate...cash-investors
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Old February 3rd, 2011, 01:42 AM   #2120
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