Month: January 2022
27 January 2022
Maxwell Shand features in Property Week’s ‘Predictions for 2022: Brace yourself’ and Liz Hamson’s ‘It’s all offices and politics’
Maxwell comments in two Property Week articles.
The bifurcation of the office market will continue as the gap between ‘the best’ and ‘the rest’ widens, fuelled by tightening ESG requirements and spaces designed with flexibility in mind and that can accommodate hybrid working. We need to rise to the challenge of delivering sustainable assets that meet not only increasingly stringent criteria for occupiers and investors, but also our collective responsibility to help the environment.
To do this, then we need the planning system to work as a facilitator, rather than a regulator, and for planners to be more creative in their policy and thinking. I also hope people return to urban areas in a meaningful way.
Read the ‘Predictions for 2022: Brace yourself’ here (and watch the video featuring Max here) and read Liz Hamson’s ‘It’s all offices and politics’ here
25 January 2022
YardNine secures a main contractor for 40 Eastbourne Terrace, W2
Following the successful forward funding to USS of the pre-let 369 room Premier Inn Hotel and hub by Premier Inn at 40 Eastbourne Terrace, W2, Invesco and YardNine has appointed Gilbert Ash as main contractor.
Works have commended on site and are due to complete in Q4 2023.
25 January 2022
BauMont and YardNine commence demolition at 100 Fetter Lane
Demolition has commenced at 100 Fetter Lance with Keltbray the appointed contractor.
BauMont and YardNine bought the site in January 2021. Since then, we have submitted and received a planning consent for 93,500 sqft NIA of new build, grade A office accommodation and secured vacant possession of the incumbent public house. When completed, the scheme will provide 15 floors varying between 2,250 and 10,750 sqft with dedicated floor-by-floor air handling units and an intelligent natural ventilation system. The scheme will achieve a BREAAM rating of ‘Outstanding’, Smart Score ‘Platinum’ and Wired Score ‘Platinum’.
Fletcher Priest leads the professional team and the main contact is currently out for tender. The project is due to complete in the summer of 2024.