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Old July 31st, 2013, 11:28 AM   #7281
adammaxis
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What the hell's economy is England based on?
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Old July 31st, 2013, 11:29 AM   #7282
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Quote:
Originally Posted by deckard_6 View Post
Seriously, what is the point of these kind of questions? You have been checking the forum every single day of your life since years, discussing every single new project coming out in London and even posting updates of such projects. Additionally, you know there are some people over here who update this section every hour, seven days a week. So, if you haven't seen already 30 times the designs of such towers and comment 20 times on them, it means there ARE NOT designs yet. As easy as that! It's like calling The Sun to ask if the queen died in the last few days, and if so, if they forgot to report about it.


If you have a girlfriend... perhaps she could try easing some of that frustration out of you. If not.... better get your helping of porn in before Cameron bans it.
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Old July 31st, 2013, 11:49 AM   #7283
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Wood Wharf , South Quay, Riverside South, City Pride, Diamond Tower, Baltimore Wharf, Providence Tower, Heron Quays.

You've got a new Manhattan forming. It's exciting.
This is very true! CANNOT WAIT!
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Old July 31st, 2013, 11:49 AM   #7284
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Quote:
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What the hell's economy is England based on?
What on earth do you mean?
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Old July 31st, 2013, 11:51 AM   #7285
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Quote:
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What on earth do you mean?
I mean I so amazed at all the stuff thats going up in London and like where y'all get the money to build all these things. oil , manufacturing, etc?
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Old July 31st, 2013, 12:07 PM   #7286
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I mean I so amazed at all the stuff thats going up in London and like where y'all get the money to build all these things. oil , manufacturing, etc?
The money comes from people from abroad investing in London Chinese, Arab, Russian and so on
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Old July 31st, 2013, 12:12 PM   #7287
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I mean I so amazed at all the stuff thats going up in London and like where y'all get the money to build all these things. oil , manufacturing, etc?
A lot of it is Finance and Insurance. London is the financial centre of the world alongside NYC. London over the years has effectively ran out of space for tennants - and yet the rate of tennants demanding space is still increasing, especially in insurance firms. So the only answer was to build up!

London and the UK has always been a wealthy country sir, and London is one of the most powerful cities on earth.

We have never really needed skyscrapers here in the UK until now... thus the Skyscraper BOOM!
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Old July 31st, 2013, 12:18 PM   #7288
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Quote:
Originally Posted by Bligh View Post
A lot of it is Finance and Insurance. London is the financial centre of the world alongside NYC. London over the years has effectively ran out of space for tennants - and yet the rate of tennants demanding space is still increasing, especially in insurance firms. So the only answer was to build up!

London and the UK has always been a wealthy country sir, and London is one of the most powerful cities on earth.

We have never really needed skyscrapers here in the UK until now... thus the Skyscraper BOOM!
That's awesome, I was just wondering where the boom came from.
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Old July 31st, 2013, 01:09 PM   #7289
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London is just a brand which is more recognisable to rich investors from Arab nations and Russia then other major cities. The fact that the Arab world now has the most money to play with they have always seen the UK and London as the pinnacle of wealth which is why they are flocking to the city rather then elsewhere now they can afford too.

External wealth is propelling London into a league of it's own when it comes to many things. Mix it with the design culture and the general acceptance of British people to new offerings and concepts you have the greatest mix of developments in the world.
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Old July 31st, 2013, 01:11 PM   #7290
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Well by 2030 the state of Texas will surpass Saudi Arabia with exporting oil so its going to be a fun ride for all the Texan Cities.
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Old July 31st, 2013, 01:21 PM   #7291
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Quote:
Originally Posted by Birmingham View Post
London is just a brand which is more recognisable to rich investors from Arab nations and Russia then other major cities. The fact that the Arab world now has the most money to play with they have always seen the UK and London as the pinnacle of wealth which is why they are flocking to the city rather then elsewhere now they can afford too.

External wealth is propelling London into a league of it's own when it comes to many things. Mix it with the design culture and the general acceptance of British people to new offerings and concepts you have the greatest mix of developments in the world.
This is true when it comes to investment yes. But financially London has always been a giant and still the leading!


And yes, i have heard about the Texas situation.
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Old July 31st, 2013, 01:47 PM   #7292
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Quote:
Originally Posted by adammaxis View Post
I mean I so amazed at all the stuff thats going up in London and like where y'all get the money to build all these things. oil , manufacturing, etc?
Demand...

London has amongst the most expensive office markets in the world (the West End and the City both in the top 10):


(CBRE - June 2013)

London has amongst the most expensive prime real estate markets in the world (only behind the physically-constrained Monaco and Hong Kong):


(Knight Frank - Q4 2012)

With high foreign demand:



And the most active exchange of prime property:


(2007-2012)


London is experiencing a massive population increase:




London received the most foreign investment last year, by some margin:


KPMG/Greater Paris Investment Agency - Global Cities Investment Report 2013

And has received the most foreign investment over the past 5 years, by some margin:


KPMG/Greater Paris Investment Agency - Global Cities Investment Report 2013


KPMG/Greater Paris Investment Agency - Global Cities Investment Report 2013


And is the joint-most globally attractive city:






Wrap that all up in one, and you have a surge in construction. The British, Qataris, Malaysians, the Chinese (etc) funding multi-billion projects. Property being bought up by a range of nationalities, companies relocating their headquarters here and so forth.
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Old July 31st, 2013, 01:47 PM   #7293
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Quote:
Originally Posted by adammaxis View Post
Well by 2030 the state of Texas will surpass Saudi Arabia with exporting oil so its going to be a fun ride for all the Texan Cities.
Saudi Arabia are looking at ways to differentiate their economy now as Oil is due to become less popular with the extraction of shale gas.

http://www.businessinsider.com/saudi...racking-2013-7

North East England could become a hotbed of investment and developments.
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Old July 31st, 2013, 01:55 PM   #7294
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Quote:
Originally Posted by Birmingham View Post
Saudi Arabia are looking at ways to differentiate their economy now as Oil is due to become less popular with the extraction of shale gas.

http://www.businessinsider.com/saudi...racking-2013-7

North East England could become a hotbed of investment and developments.
For sure man London already is a hotbed. The city of Houston is the energy capital of the world and a lot of international companies have been moving over there. The city is having a big boom right now.
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Old July 31st, 2013, 01:59 PM   #7295
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360 London | Elephant and Castle SE1

London forum thread: http://www.skyscrapercity.com/showthread.php?t=457708

Official website: http://www.360-london.com/home/


Construction company Mace and developer Essential Living has been awarded the contract to build 360 London: Mace jv wins 44-storey Elephant & Castle residential tower

Another tower looks set to rise in Elephant & Castle

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Old July 31st, 2013, 02:05 PM   #7296
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For sure man London already is a hotbed. The city of Houston is the energy capital of the world and a lot of international companies have been moving over there. The city is having a big boom right now.
London is the South East

I was highlighting the notion that fracking could create a new centre of major importance hundreds of miles away in the UK with the exploration and extraction of Shale gas.
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Old July 31st, 2013, 03:05 PM   #7297
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Basically... in a world of globalisation.

The international language of business in English.

You want business with the US? You set up in New York... and Europe? Its London.

Both cities are linked in virtually every way, feeding off each other.

English speaking nations have stable governments/rule of law/world leading education and professionals and advanced open economies. And the world sees this ... they want a piece of it and to invest in it.

More crucially. Perhaps more for London than New York... London is the centre of the world... in time that is. +-(00) GMT/UST.

Which means that London has the advantage of being pretty much the only place on earth that can do business easily with the East in the morning before they close the exchanges... Europe all day and the US in the afternoon and evening.

All of this makes London a very attractive place to invest and do business with.
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Old July 31st, 2013, 05:01 PM   #7298
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Do we have information on London's GDP overcoming the ones from Tokyo and New York and becoming the center of the universe...in absolute time and space? Heights, designs, etc?
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Old July 31st, 2013, 05:40 PM   #7299
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Quote:
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Do we have information on London's GDP overcoming the ones from Tokyo and New York and becoming the center of the universe...in absolute time and space? Heights, designs, etc?
Although I do agree London is growing fast, I doubt it will outgrow New York City. NYC is already overgrown to a point where their skyscrapers are having to be skinny supertalls to fit in the tightest spaces, The demand for space. London isn't their yet and even if they do NYC will be annexing more land.

Last edited by adammaxis; July 31st, 2013 at 05:59 PM.
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Old July 31st, 2013, 05:47 PM   #7300
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He was being sarcastic. The comment was implicitly aimed at the graphs and charts used to explain why there's currently so much construction ongoing.
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