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Old March 29th, 2011, 04:22 AM   #2201
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Richmond office redevelopment gets green light

Local planners have given permission for a major office refurbishment in Richmond upon Thames. The redevelopment of 48,000 sq ft Thames Link House, adjacent to Richmond railway station, will create modern, air conditioned offices with a new lift, ceilings, carpeting, larger reception and cleaned brick work.

AXA REIM on behalf of Friends Life Assurance Society Limited are behind the scheme which will start this summer and is expected to take a year to complete.

The proposal was backed by Richmond Council’s Planning Committee on 17th February. Councillors felt that the refurbishment of the building, including the cleaning of the brickwork and replacement of windows, would improve the appearance of the building.

Kevin Mersh of Capita Symonds, joint agents with Martin Campbell, comments: “Thameslink House will be the first major HQ office building to come to the market for many years offering prime space adjacent to one of the busiest transport interchanges outside Central London. Given the extent of the works we are confident the building will appeal the major occupiers in the area”

Once completed, the scheme is expected to achieve a BREAAM rating of “Excellent”.
http://offices.org.uk/news/richmond-...-03281340.html
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Old March 29th, 2011, 10:42 PM   #2202
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Boris Johnson unveils £50m cash boost for regeneration of suburbs

Boris Johnson announced a £50 million pot of cash today for the renewal of outer London's town centres. The fund, part of a grant from the Government, will help set up local business districts. Town halls in the suburbs will be able to bid for money to improve retail, leisure, culture and arts provision.

The Mayor said the fund - which will not be available for Olympic boroughs - would help boost growth across the whole capital. "This is a vital shot in the arm to faltering regeneration projects and just the help needed to get new projects off the ground. It is vital we address the historic neglect of the outer boroughs," he added.

Mr Johnson has faced criticism for neglecting the suburbs despite promising to make them a key plank of his policy. The regeneration fund will help him persuade Tory voters he has delivered on his pledges before next year's mayoral election.

Outer London provides two fifths of the capital's jobs yet growth is little more than half the rate of inner London.
http://www.thisislondon.co.uk/standa...-of-suburbs.do
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Old March 29th, 2011, 11:09 PM   #2203
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Hey Portonuts, you're doing it again... why do you have to put the silly competition on ??? crazy unsecure thing.... : )
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Old March 29th, 2011, 11:14 PM   #2204
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Hey Portonuts, you're doing it again... why do you have to put the silly competition on ??? crazy unsecure thing.... : )
Ignore him Porto, its just Brisavoine using one of his alternate accounts......coward.
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Old March 29th, 2011, 11:44 PM   #2205
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Ignore him Porto, its just Brisavoine using one of his alternate accounts......coward.
Is it? Wow... If that is true, I guess it shows who is the one with the insecurities. This is the London projects thread, why WOULDN'T Porto post news here? He's doing a good thing.
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Old March 30th, 2011, 12:01 AM   #2206
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Well, brainies... i'm not brisavoine. Just a french forumer sick of portonuts posting in london thread just after someone does it on the paris one. YOU are the unconfident ones, Parisian forumers don't do such a thing. You should be ashamed.
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Old March 30th, 2011, 12:11 AM   #2207
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^ Please value your French dignity. No need to diss other people.


for Porto
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Old March 30th, 2011, 12:24 AM   #2208
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Please guys

updates/articles/constructive discussion or GTFO!
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Old March 30th, 2011, 12:37 AM   #2209
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Well, brainies... i'm not brisavoine. Just a french forumer sick of portonuts posting in london thread just after someone does it on the paris one. YOU are the unconfident ones, Parisian forumers don't do such a thing. You should be ashamed.
If you care to look back a page or two, you'll see Porto posts updates in this thread practically every day. Is he supposed to withhold news about London out of respect for the Paris thread or something. I think you may have a bit of a problem in your head. And if you are a multiple account of someone else, you should be banned. The only one trying to make competition here is you, and there's no need for it. We should all be happy that each other's cities are doing well.
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Old March 30th, 2011, 12:47 AM   #2210
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V&A unveils £35m plans for courtyard and underground gallery

Architect Amanda Levete's winning proposal for Victoria & Albert museum likely to fare better than controversial 'spiral' plan


New courtyard and underground gallery at the V&A. Illustration: V&A

Details of the £35m extension plan were announced after an architectural competition to develop what is currently office space on the Exhibition Road side of the V&A.

The V&A is bullish about raising the money in such austere times and has been helped by an anonymous donation of nearly half the needed £35m. It hopes the extension can be completed by 2015.

The screen would become a colonnade. People will enter what Levete described as "South Kensington's drawing room" with the ground having a carpet-like pattern.

It will be a space that can be hired or curated with art or music or film as well as a place to simply sit on the steps or have a coffee.

Visitors will also be able to glimpse the new 1,500 sq metre gallery space for temporary exhibitions that will be created below.

Outgoing V&A director Sir Mark Jones said the plan was about creating "stunning new spaces" and returning to the ideas and aspirations of the V&A's founders.

"We've recovered 3,000 sq metres of back-of-house space for galleries and public areas enabling us to show many more objects from the collections better than ever before."
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Old March 30th, 2011, 12:49 AM   #2211
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I never said i was unhappy about the development of London and of course if there's news we have to post it ! What i've seen for a long time, newcastleguy, is that Portonuts does it on purpose to keep the Parisian metro thread out of visibility. I'm neither crazy or paranoïd, neither brisavoine or another forumer, just "blue urchin". So now that i've made my point, i wont interrupt the thread anymore, and just enjoy the next news to come about London, a City i DO appreciate.
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Old March 30th, 2011, 04:48 AM   #2212
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Originally Posted by Oursin Bleu View Post
I never said i was unhappy about the development of London and of course if there's news we have to post it ! What i've seen for a long time, newcastleguy, is that Portonuts does it on purpose to keep the Parisian metro thread out of visibility. I'm neither crazy or paranoïd, neither brisavoine or another forumer, just "blue urchin". So now that i've made my point, i wont interrupt the thread anymore, and just enjoy the next news to come about London, a City i DO appreciate.
But you have nothing to base that on, as I said if you check you'd see that he posts on this thread very regularly. You're making unfair, unfounded, and frankly petty accusations about a forumer who is doing a good job. You may not think you are paranoid, but I'm afraid you are coming across that way. Do you actually think there's some kind of conspiracy theory where Porto collects news, waits for a post in the Paris thread and then tries to steal it's thunder by knocking it down a place or two on the page? That, IMO, is rather paranoid.
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Old March 30th, 2011, 09:08 AM   #2213
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Bulgari Hotel to open in London



Bulgari Hotels & Resorts are to open a new hotel in London in spring 2012, the luxury brand has announced


Designed by renowned architectural firm Antonio Citterio & Partners, the high-end hotel will be located in the prestigious west London district of Knightsbridge, close to famous landmarks including Hyde Park and Harrods department store.

It will be the brand’s third hotel project, following the opening of the Bulgari Hotel in Milan in 2004 and of the Bulgari Resort in Bali in 2006.

The London hotel will include 85 rooms and suites – including seven exclusive Bulgari suites, each more than 200 square meters large. It will also feature a large ballroom, a private cinema and a spa and fitness centre with 25 meter indoor pool.

Francesco Trapani, CEO of Bulgari Group, said: “We are extremely proud to be able to open a Bulgari Hotel in the heart of London, something that we have wanted to do for a long time.

“This hotel -- the first new build luxury hotel in London for over 40 years – will be another important element in the Bulgari Hotels & Resorts project. I’m convinced that it will be a further statement of our brand in the UK, which is a strategic market for luxury goods.”

Bulgari Hotels & Resorts was formed in 2001 as part of a join venture between Marriott International and Bulgari.
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Old March 30th, 2011, 09:40 PM   #2214
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Canary Wharf landlord sees retail boom coming to Docklands

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The arrival of Shell and JP Morgan is good news for soaring Songbird

Canary Wharf's biggest landlord has predicted that the influx of another 10,000 workers over the next few months will lead to a boom in retail in the area.

JP Morgan and Royal Dutch Shell are both moving their headquarters to Canary Wharf, raising the financial hub's army of workers to 105,000.

"Weekend traffic also continues to be strong," said David Pritchard, the chairman of Songbird Estates, which owns Canary Wharf Group (CWG). "Long may this continue. We don't seem to be experiencing the same picture as retailers in the rest of the country."

CWG rents out 17 of the 35 retail and office buildings on the Wharf. With the arrival of new names such as Tiffany and Aquascutum last year, 99.8% of the shops are let. "Rental is performing well. There is no shortage of tenants wanting to be here," said Pritchard.

He Pritchard played down fears that the already stretched transport links cannot take the additional strain, saying overcrowding on the Jubilee underground line had been caused by signalling work that is expected to be finished this year and will see the number of trains increased from 20 to 30 every hour. The Docklands Light Railway line has also undergone work to improve it.

Songbird reported a 40% rise in pretax profits to £463.8m in 2010, boosted by the £495m sale of the old Lehman Brothers building to JP Morgan, although it also had to write off over £50m after the Lehman administrators stopped paying rent on the Bank Street offices. The market value of Songbird's property portfolio rose by 10% to £4.6bn at 31 December.

The company has branched out into central London and CWG is one of the bidders for the old Shell headquarters, worth £300m, on the South Bank. It is also working with Land Securities on the Walkie Talkie in the City, due to be completed in 2014.

Pritchard welcomed the chancellor's budget, in particular the creation of an enterprise zone two miles east of Canary Wharf and the reduction in corporation tax. He shrugged off fears of an exodus of banks unhappy with the bank levy and banking reform, saying much of the threats to up sticks are purely rhetoric. "Small businesses like venture capitalists and hedge funds have left, small numbers of highly paid people who are mobile... [whereas the banks] are not the sort of enterprise you can move easily."

He noted that HSBC, which has threatened to move to the Far East, has taken more space in Canary Wharf and Barclays has renegotiated its lease.
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Old March 31st, 2011, 09:09 PM   #2215
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Developer plans an 80,000 sq ft business centre and apartments in heart of Wandsworth



Planning consent has been obtained for a mixed-use regeneration project at Wandsworth Business Village in south London for 209 apartments and an 80,000 sq ft business centre.

Developer Mount Anvil has entered a development agreement with Workspace Group, which provides businesses with office space across London, and which has obtained mixed use planning consent on this two acre site. A total of 53 apartments will be allocated as affordable housing as part of the scheme.

Harry Platt, chief executive of Workspace Group, commented: “We are delighted with this announcement. It shows the sort of potential that our portfolio offers in terms of releasing value over the medium and long term.”

The redevelopment of the site will be managed and funded by Mount Anvil. Construction is expected to commence in April and the scheme will be completed in mid 2014.

Under the arrangement Workspace Group will receive the business centre in return for granting Mount Anvil a 999 lease on the residential component, it will also retain the overall freehold of the site and 50% of any proceeds from the sale of the private residential apartments in excess of £50m.
Read more: http://www.building.co.uk/news/break...#ixzz1IApJ7aPH
building.co.uk
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Old March 31st, 2011, 10:41 PM   #2216
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More London offices set to welcome thousands of PwC employees

Over the coming months, more than 6,000 employees at PricewaterhouseCoopers (PwC) are set to move into new London offices. The new offices at the More London development were the first in the city to obtain the Building Research Establishment Environmental Assessment Method Outstanding rating because of its design and green performance.

Located between Tooley Street and the River Thames, the London office development is next to Tower Bridge and claims to be seven minutes from Canary Wharf and eight minutes from Mayfair.

Furthermore, City Airport and Gatwick Airport are within a 30-minute journey and the main train stations in London - apart from Paddington - are accessible in 15 minutes. PwC wants to make its new space as green as possible. By 2012, it is aiming to reduce energy use per sq m by 25 per cent from 2007 levels. So far, a 16 per cent reduction has been secured.

Other tenants signed up to More London include Ernst and Young, Hilton Hotel, Norton Rose and Regus.
http://www.mellersh.co.uk/News.aspx?ArticleId=800480367
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Old March 31st, 2011, 11:10 PM   #2217
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That looks very Toronto style!
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Old April 1st, 2011, 03:09 AM   #2218
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Thailand’s Sansiri developing project in London, eyeing New York



Leading Thai developer Sansiri has its sights set on the Big Smoke and the Big Apple.

President Srettha Thavisin said in an interview this week that Sansiri wanted to focus its ventures abroad on areas with limited supply like London and New York, according to The Nation.“We are focusing on Thais who need an investment or want to buy a residence in London or New York, generating an average yield of 4 or 5 per cent a year,” he said.

The developer will open the pre-sales office at its first overseas project, THB600 million (US$19.8 million) condo project 9 Elvaston Place in London, next month. The project is located in South Kensington, an area where new construction is prohibited resulting in limited supply and increased demand for luxury properties.

Srettha Thavisin said the property markets in London and New York had shown good signs of recovery since the second half of last year, with banks in both markets starting to provide mortgages to home-buyers, and where the rental sector is also recovering. New York has a vacancy rate of only 2 per cent, which demonstrates strong demand for residences in the city.

Sansiri’s 9 Elvaston Place project will start to generate revenue this year, contributing to Sansiri’s annual target of THB21 billion (US$694 million). The project is expected to generate a net profit margin of at least 15 per cent.

The company is also considering expanding its domestic investment in tourism destinations such as Phuket, Koh Samui and Pattaya both this year and next, Srettha said. He added that the company may revise its 2011 pre-sales target upwards from the current THB28 billion (US$925.9 million), having already achieved THB5 billion (US$165.3 million) in the first quarter.

“We are optimistic about the demand for residential projects this year, in the current absence of [measurable] business risks that will impact the market,” he said.

The president said that although interest rates were rising, they were still lagging increases in home-buyers’ income, while the country’s political situation was also more stable despite the elections planned for the middle of the year.

“We are concerned only about the domino effect from the crisis in the Middle East and North Africa, which will affect oil prices. However, it is not possible to estimate the business effect from this risk,” he said.

Sansiri is the third Thai property firm to venture overseas, following Land & Houses, which moved into the Philippines and Indonesia before the financial crisis in 1997, and Pruksa Real Estate, which has invested in the Maldives, Vietnam and India.
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Old April 1st, 2011, 01:07 PM   #2219
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That looks very Toronto style!
Definitely, it has that 'condo' look.
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Old April 1st, 2011, 01:20 PM   #2220
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£33m university building will break new ground

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A ground-breaking £33million education concept was launched in Stratford today as two local universities joined forces to provide "an alternative model of higher education".

Birkbeck, University of London and University of East London are collaborating to create University Square, Stratford, beside the Theatre Royal, which will offer flexible part-time and full-time courses.

The Mayor of London, Boris Johnson, was joined by the Mayor of Newham, Sir Robin Wales to welcome the initiative that aimed to target an aspirational population in an area of high unemployment.

Mr Johnson said: " Attracting the brightest and best minds to London's universities is essential if the capital is to remain a global powerhouse for education. This new building will be a magnet for students in east London, adding to the buzz which is already being generated ahead of the 2012 Games.

"This quarter of the capital is being transformed before our eyes and University Square will help secure the legacy regeneration for decades to come."

The Master of Birkbeck, Prof David Latchman, said: "This collaboration demonstrates that it is possible to build a major new educational facility at a time of budget cuts and economic constraints."

Some work has already begun preparing the ground for the five-story building which will take the place of two car parks and waste ground in the square that also houses two theatres and a cinema.

Construction is expected to start later this year with the first students will start to use the building in September 2013. It is thought the flexible space will accommodate study in creative arts and law as well as a range of vocational courses.
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