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Old March 23rd, 2012, 12:58 PM   #3361
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Holy shit!

Amazing news... I really thought this project was dead in the water... thank you Chancellor Osbourne... seems he really is set on driving the UK's economy higher... and investment for Northern Infrastructure too.. equally good news.
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Old March 23rd, 2012, 04:14 PM   #3362
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^ it's true, the amazing things are happening not only in london but across the uk

some workers are digging massive underground tunnels for the cross rail, pics taken under the canary wharf

image hosted on flickr

Where the TBM will arrive in a few months time by IanVisits, on Flickr

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The bottom of the Crossrail station at Canary Wharf by IanVisits, on Flickr
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Old March 23rd, 2012, 06:08 PM   #3363
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I didn't things tunnels could look so nice.
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Old March 23rd, 2012, 06:45 PM   #3364
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Quote:
London Mayor Boris Johnson hails £1.2m plan for derelict city area
Someone at the Telegraph needs to correct that title, they're out by a factor of 1,000! Billion rather than million... Anyway, the project is fantastic; regeneration of areas is always good news.

However, a bit more concerned about the airport. Is there really not a more suitable place for this behemoth than the middle of the Thames estuary...? I'm all for more air capacity, but it shouldn't just bulldoze environmental concerns.
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Old March 24th, 2012, 12:39 AM   #3365
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The Place is really coming together.

by cybertect.













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Old March 24th, 2012, 05:49 AM   #3366
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I was not able to find the numbers for 2011, but here the ones from 2010 for top 10 purchasers of £1 million-plus property. From the info, that I was able to find, in 2011, the percentage of foreign purchases climbed for the first time above the 50%, largely driven by demand from wealthy investors from Asia, Middle-East, Russia and the Eurozone.

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Old March 24th, 2012, 01:10 PM   #3367
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Quote:
Originally Posted by Ulpia-Serdica View Post
I was not able to find the numbers for 2011, but here the ones from 2010 for top 10 purchasers of £1 million-plus property. From the info, that I was able to find, in 2011, the percentage of foreign purchases climbed for the first time above the 50%, largely driven by demand from wealthy 3rd world dictators, Russian Mafia scum, corrupt politicians, middle east Arabs looking to break every Muslim rule in the book and local tax dodging parasites from Asia, Middle-East, Russia and the Eurozone.

Corrected for accuracy...being top of that list is nothing to be proud of for London...
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Old March 24th, 2012, 03:55 PM   #3368
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Quote:
London is top city for investment, KPMG report says

London remains the top city in the world for foreign investment, according to a report that reflects the rise of emerging economies.

The next two cities are Shanghai and Hong Kong, China's financial capitals, consulting firm KPMG and Greater Paris Investment Agency said.

Brazil's Sao Paulo had the biggest leap, to fourth, increasing investment by 160% over the past two years. Other cities in the Bric group of nations also rose strongly.

Brazil, Russia, India and China are all growing at a blistering pace, while Europe has been in a slump and Europe hard-hit by a sovereign debt crisis.

It comes as Brazil recently became the sixth-biggest economy in the world, overtaking the UK. Its total output is worth $2.5tn (£1.6tn) and its financial capital is Sao Paulo.

This is often seen as part of a symbolic transition of power from industrialised countries to emerging economies.

In 2011, China officially overtook Japan as the world's second-biggest economy. China and India together now constitute 25% of investments, KMPG said.

And Moscow has received a 60% jump in investment in the past two years, landing itself in eight place.

The five cities at the top - including New York - took 50% of the the total investment to the biggest 22 cities, KPMG said in its latest Global Cities Investment Monitor.
http://www.bbc.co.uk/news/business-17378663#TWEET103245
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Old March 24th, 2012, 08:53 PM   #3369
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London is still no.1 in the world....

[img]http://i41.************/33oqp8y.jpg[/img]
http://www.longfinance.net/Publications/GFCI%2011.pdf
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Old March 24th, 2012, 09:33 PM   #3370
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Quote:
Originally Posted by MasterOfHisOwnDomain View Post

However, a bit more concerned about the airport. Is there really not a more suitable place for this behemoth than the middle of the Thames estuary...? I'm all for more air capacity, but it shouldn't just bulldoze environmental concerns.
I share your concern. As much as I love that Lord Roger's airport image shown above, and the whole idea of the airport, I'm not sure it can ever get off the ground if the Isle of Grain is such an important nature area.

On one of the two threads about the idea of a Thames Estuary airport there's a link to a Telegraph story which reveals that the Environment Secretary - can't recall her name or be bothered to look it up - has designated the Isle of Grain as some kind of special location which essentially protects it against any kind of significant development, so surely that means London now has to look elsewhere for a Heathrow replacement.
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Old March 25th, 2012, 06:11 AM   #3371
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Construction around Canada Water.

by Rational Plan.



















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Old March 25th, 2012, 05:13 PM   #3372
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Regents Place West Quarter - 20 floors - 61 metres

by Marquinho01.

[IMG]http://i41.************/2iw99nt.jpg[/IMG]

[IMG]http://i39.************/33msmsx.jpg[/IMG]

[IMG]http://i42.************/21pj60.jpg[/IMG]
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Old March 25th, 2012, 08:45 PM   #3373
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Old March 26th, 2012, 12:17 AM   #3374
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Old March 26th, 2012, 02:36 AM   #3375
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Are londoners in favor of a £50 billion airport project...?
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Old March 26th, 2012, 03:43 AM   #3376
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London Cable Car construction updates

pics by corerising

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London Cable Car. by corerising, on Flickr

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London Cable Car. by corerising, on Flickr

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London Cable Car. by corerising, on Flickr
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Old March 26th, 2012, 11:53 AM   #3377
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Quote:
Originally Posted by Jex7844 View Post
Are londoners in favor of a £50 billion airport project...?

If its good for business and London ... then yes.

London is really moving now to completely swell in size and capacity.
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Old March 26th, 2012, 05:18 PM   #3378
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Quote:
City office and retail scheme honoured with 14th major award

One New Change wins New City Architecture Award


26 Mar 2012

The acclaimed Jean Nouvel/Sidell Gibson collaboration, One New Change, has won the Worshipful Company of Chartered Architects’ annual New City Architecture Award. This is the fourteenth major award claimed by the landmark building.



The Award is given to the building which is judged by the Assessors to have made the most distinguished contribution to the streetscape of the City of London.

Ron Sidell from Sidell Gibson Architects, the delivery architects on One New Change, collected the award on behalf of Jean Nouvel at the prestigious Annual Livery Banquet at Haberdashers’ Hall, London: “This is a fantastic and unexpected tribute to Jean Nouvel who can’t be with us tonight and is a major compliment to this collaboration and best practice model. We are especially pleased to win this award, as we see it as recognition for a magnificent building from our fellow architects – a hard crowd to please.”

Replacing the former 1960s Bank of England complex and facing St Paul’s Cathedral, One New Change provides 269,000 sq ft of retail space on three storeys, principally focussed on a vibrant and rich mix of fashion and food, with 376,000 sq ft of office space in the City of London providing accommodation for 3,000 workers over four storeys. As a new landmark building, it represents one of the largest consolidated retail spaces across central London, embracing the commercial potential of the city and making a significant contribution to the public realm.
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Old March 26th, 2012, 05:20 PM   #3379
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Quote:
Elephant and Castle sports centre plans include high-rise tower



The current proposal is for a high-rise tower between 32 and 37 storeys tall.

A high-rise residential building and sports centre are among regeneration plans announced for an area of south-east London.

The proposals for the existing Elephant and Castle leisure centre site have been shown to the public for the first time at an exhibition in the area.

Developer Squire & Partners has confirmed it will not include affordable housing.

A high-rise tower between 32 and 37 storeys tall is in the plan.

The proposal forms part of Southwark Council's £1.5bn regeneration plans for Elephant and Castle that will be carried out over the next 15 years.

'Opportunity area'
The leisure centre will include a 25m swimming pool, the first on site for more than a decade - the previous pool closed over 10 years ago.

The leisure facilities will also include a learner pool, four badminton courts, and a gym.

Regarding the lack of affordable housing, a spokesman for the Labour-led Southwark council said: "The decision not to include homes for rent in this scheme is an exception to normal policy.

"This approach is necessary to help fund a new leisure centre which the council sees as a vital part of the social and community infrastructure needed to support the regeneration of the area.

"The council is still confident that it will meet its target of 35% affordable housing across the whole opportunity area."
http://www.bbc.co.uk/news/uk-england-london-17499243

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Old March 26th, 2012, 11:41 PM   #3380
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South Korea's $320bn pension fund to set up London base

One of the world's biggest pension funds is to set up a new base in London in a move the government expects to provide a major boost to investment in British infrastructure.

The South Korean National Pension Service (NPS) announced the decision on Monday after a meeting between its chairman, Jun Kwang-woo, and the deputy prime minister, Nick Clegg, who is visiting Seoul.

The $320bn (£201bn) fund is the fourth largest in the world and has ambitious plans to almost double its overseas portfolio to $36bn. The London office, to be opened in June, is only its second foreign base after New York.

It has already invested more than £1bn in the UK over the past two years, with stakes in Gatwick Airport, HSBC's Canary Wharf headquarters and other property developments.

Clegg said: "This is fantastic news which has the potential to bring considerable investment to the UK and create a significant jobs boost back home.

"Investment in infrastructure is a virtuous circle, growing our manufacturing and construction sectors and making Britain more attractive for further investment.

"We're ramping up our sales pitch abroad – Britain is open for business. We're making sure the UK doesn't miss out because investors don't know what's on offer or about our long-term strategy to deliver world-beating infrastructure. NPS's decision to open in London is testament to the economic opportunities in the UK."

...
http://www.guardian.co.uk/business/2...-uk-investment
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