London Projects Ltd’s Post

Quite rare to get a city centre purchase opportunity like this. Loads of asset management angles and in an area which is undergoing massive redevlopment. #commercialproperty #commercialinvestment #propertyinvestment

A proposed new 54-storey tower by Liverpool Street Station is due to be decided by City of London Corporation members later this week. If approved, 99 Bishopsgate would become one of the tallest buildings in the Square Mile. Read more: https://lnkd.in/egqwfE4u

Exciting news for east London! 🚨 We’re very pleased to announce a 50/50 joint venture between London Legacy Development Corporation and Vistry Group – the UK’s leader in providing affordable, mixed-tenure homes. Together, we are embarking on an ambitious project to deliver 948 new homes and 30,000 sqm of high-quality commercial, retail, community and leisure uses at Pudding Mill Lane in Stratford 🏡 Designed to be walkable and community-focused, Pudding Mill Lane will include: • 45% affordable homes, including a including a percentage of low-cost rent housing and a high proportion of family housing. • A bustling high street featuring unique shops, eateries, and dynamic spaces for people to connect. • A thriving business hub with employment and skills opportunities for local East London residents, businesses and start-ups to thrive. 🚀 With Phase 1 set to commence in early 2026, and the full development slated for completion by 2033, this is a landmark project that will transform the area, helping to drive the ambitious growth plans for Queen Elizabeth Olympic Park and London. https://bit.ly/3BhyI3V #EastLondon #AffordableHousing #Innovation #PuddingMillLane #VistryGroup #Stratford

The City of London Corporation has three consultations out on proposals to improve streets that will close in the coming days and weeks: 1) Closing tomorrow (20 December) the Bunhill, Barbican and Golden Lane Healthy Neighbourhood Plan https://lnkd.in/dpXemTC7 2) Aldgate to Blackfriars Cycleway (closing 9 February) that would run between Aldgate and Blackfriars Bridge along St Botolph Street, Leadenhall Street, Cornhill and Queen Victoria Street: https://lnkd.in/dyy3Verw 3) Transforming Leadenhall Street (closing 9 February) under the iconic shadows of some of the City's most famous buildings: https://lnkd.in/dzfAafZB

We are going to sell 20 if these types of buildings in the next 2 years (4 on market now) - it is an amazing opportunity to buy buildings at scale with low expense growth (2A) and significant rental upside (Bushwick). Plus, we've seen 2 rate drops from Agency lenders in the last 3 weeks. Purchase these buildings at historically high cap rates and let the market do the rest!! Call / text me if you believe in this simple but effective strategy - 914-584-7422 828 Hart Street - Asking $3,950,000 (6%+ Cap) INVESTMENT HIGHLIGHTS: - 100% Occupied and 100% Collections with a real NOI of $237,000 - Recent Agency Debt quotes at 6.1% with option to buy down to 5.6% - Hart Street off Knickerbocker Ave, one block to Bushwick Park - Top to bottom substantial renovation offering turnkey management - 100% free market and tax protected - rent growth outpaces expenses - Perfect bedroom to bathroom ratio, with each bedroom has its own bath - Historically high Cap Rate - 20% Discount on 10 year average - L train access to Williamsburg and Union Square - Google "Bushwick Restaurants near 828 Hart" :) COLLECTED RENT ROLL: 1L - 3 BR / 3 BTH Duplex - $4,950 1R - 2 BR / 1.5 BTH Duplex - $3,500 2L - 3 BR / 3 BTH - $3,900 2R - 3 BR / 3 BTH - $3,900 3L - 3 BR / 3 BTH - $4,000 3R- 3 BR / 3 BTH - $4,050 Total Gross - $291,600 Expenses - $53,750 NOI - $237,000 Download Setup - https://lnkd.in/gvKP4fDN Rental Listings - https://lnkd.in/gb86Y3Tx Data Room with Plans - https://lnkd.in/gW4by6rM Team: Bryan Kirk Robert W. Moore Henry Hill Jermaine Pugh H. Michael Chardack Evan Kashanian William Cheng Bobby Lawrence

A bit of basic maths in relation to property. Commercial to Residential conversion is now a very attractive proposition - even being discussed for prime areas such as upper floors in Oxford Street. This is clearly in large measure due to the rise in residential values. However, it is also in probably equal measure due to commercial values having tanked, or at least significantly declined over many decades. For instance, in the mid-late 1980s, office space in little old Maidstone (where we are based) was about £25psf/year. That was equivalent to Manhattan (yes really). Office values in Maidstone are now on the floor with barely any demand. For comparison, Grade A Prime London was about £90 to £100psf/year at the time. Grade A Prime London is now around £45psf/year, so has halved over the past 40 years. As regards retail, the Fremlin Walk shopping mall in Maidstone sold for £90 million, then sold again for just over £100 million, and has just been acquired last week for £25 million. And yes, for those not familiar it is still quite a modern mall in very good condition. Sobering stats indeed! #property #values #commercial #retail #office #conversion

A recent Bloomberg article by Sarah Rappaport highlights a #stratford apartment currently being marketed by UK Sotheby's International Realty for an East London record of £17.5m (£3,792psf). Stratford has certainly come a long way since the rather strange, pre-2012 Olympics resi building boom (I worked there!).  In the coming months I’ll be trying to quantify how 'soft' elements impact the increased/inflated/accelerated desirability of #realestate. For anyone else looking to do the same, swiftly follow these two steps… 1. Ignore pretty much all ‘#Placemaking’ research currently out there, then, 2. Buy ‘Manchester Unspun’ by Andrew Spinoza. This book holds some great insights into how the cultural Soft Power of #Manchester has influenced its built environment over the years. Whilst I’m not suggesting that the relationship between a £17m apartment/the Olympic Games is directly comparable to the legacy influence of the #Haçienda on modern day Manchester, what I would say is that Andy’s book offers some hugely important thought processes that we can borrow.  I’ll be kicking this off by joining the head of our Colliers Birmingham office, James Cubitt to discuss how perceptions of #Birmingham have changed in the last few years and how this has fed through into the rapidly changing skyline – Podcast to follow! PS. Good luck with the sale Alex Isidro! Tim Burke, Tom Bloxham, Dominic Pozzoni, Kirsten Marie Hald MRICS, Daniel Barbanel, Pippa Burke, Hannah Zitren, Megan McDonagh, Paddy Allen, George Adams, Alanna Peach MRICS, Andrew White, Lucy Keeling, Kate Jarvie, Sara Lindblom, Emilia White. https://lnkd.in/eHuEyS5w

The Royal Docks is on its way to being transformed into a dynamic new destination for London. Powered by its diverse communities, pioneering spirit and global links, the #RoyalDocks is the future of London. To bring this great ambition to life, we are bringing forward eight major development schemes that will collectively deliver at least 12,000 new homes in the Royal Docks. This is an area with an extraordinary history and unimaginable scale. As the Mayor of London's largest land-led project, with over 175 hectares of land in GLA ownership, the Royal Docks is uniquely positioned within London for housing and economic growth. 42,500 jobs are forecast over the next 20 years, as well as a total of 30,000 new homes, much of which will be affordable housing. As the capital’s only Enterprise Zone, the Royal Docks must also be at the forefront of driving forward London’s and Newham’s recovery postpandemic – marshalling all of the investment into the area to rebuild a better, fairer and more sustainable city. #developments #enterprisezone #LondonDevelopments # https://lnkd.in/eG5sbRDg

Developers Ballymore and Hammerson have received approval on two Reserved Matters Applications (RMAs) from the Greater London Authority (GLA) for the redevelopment of Bishopsgate Goodsyard. https://ow.ly/pOR850Umvr3

Westminster Bridge 1943 London