HIGH RISE BUILDINGS
Here is a research document of exemplary high-rise buildings
Category Archives: Commercial Property
Huge rise in take-up of office space in Cardiff shows research from Savills
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/ Sion Barry
The take-up of new office space in Cardiff in H1 of 2014 was up 102% on 2013 shows latest research from Savills
Cardiff office development Oakleigh House is put for sale with a starting price tag of £4.53m
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/ Sion Barry
Knight Frank’s Cardiff office has been appointed to sell the 41,000 sq ft Oakleigh House in the centre of Cardiff
Inside the Cheesegrater London's latest skyscraper
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/ Robert Booth
Workers will be whisked skywards at a stomach-dropping 18mph in the Richard Rogers-designed Leadenhall building
London’s escalating love affair with giddying views will reach a new height this autumn. Starting in November, up to 6,000 City workers will move their swivel chairs and espresso machines into the highest offices in Britain, in the Leadenhall building.
Work starts on new 85,000 sq ft speculative grade A office scheme in the centre of Cardiff
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/ Sion Barry
Developer JR Smart said its No 2 Capital Quarter building will be completed in December next year
London's Gherkin skyscraper put on the market
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/ Rupert Jones
Foreign buyer expected to purchase the 40-storey office building, with agents hoping for offers of around £650m
One of London’s most recognisable landmarks, the Gherkin, has been put up for sale and is expected to be snapped up by an overseas buyer.
The 40-storey City of London skyscraper was put into receivership in April, and the agents appointed to sell it are hoping for offers in the region of £600m to £650m. Savills and Deloitte Real Estate have been jointly instructed to sell the 505,000 sq ft (46,900 sq m) office building, which was designed by Lord Foster and opened in 2004. The two firms said marketing of the Gherkin including an advertising campaign and a dedicated website was about to begin, "with interest expected to come from all corners of the globe".
First image released of planned multi-million pound makeover for Barry Waterfront Pumphouse
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/ Peter Collins
An historic grade II listed building could be set to become an offices, shops and restaurant complex
There is light at the end of the tunnel for the Cardiff commercial property market but demand is still outstripping supply, says Chris Terry of DTZ
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/ walesonline
Cardiff Business Council, the Welsh Assembly Government and Cardiff Council must work together to attract sizeable tenants for buildings now being constructed, according to associate director with DTZ Chris Terry
Law firm close to signing up as premiere tenant at Capital Square's first office scheme
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/ Sion Barry
Blake Morgan has confirmed it is considering Capital Square alongside other options for a new headquarters in Cardiff
Canary Wharf spreads east with new towers and 3,000 homes planned
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/ Julia Kollewe
Wood Wharf project gets green light in financial hub’s first major expansion since 2008 financial crisis
More than 3,000 homes are to be built at the eastern edge of Canary Wharf after Tower Hamlets council approved the project, the first extension to the financial district since the 2008 banking crisis.
Canary Wharf Group, majority-owned by Songbird Estates, has been granted planning permission to construct 30 buildings, comprising 4.9m square feet of homes, offices and shops, at Wood Wharf, just a stone’s throw from the headquarters of some of the world’s largest banks.
Hi-tech Bridgend firm Biotec Services International to double capacity on the back of strong growth
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/ Sion Barry
Bridgend-based Biotec Services International is doubling the size of its temperature controlled packaging and distribution services for clinical trials
H-tech Bridgend firm Biotec Services International to double capacity on the back of strong growth
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/ Sion Barry
Bridgend-based Biotec Services International is doubling the size of its temperature controlled packaging and distribution services for clinical trials
China town: meet the architecture giant with Asian designs on London
Aedas’s mixed-use malls and elevated walkways might work in China, but will these mammoth towers blot Britain’s capital?
Their buildings dot the globe, but you probably couldn’t name one, nor would you ever guess they had come from the same practice. They have built a gargantuan conference centre in China that looks like a teetering stack of mirror-clad Jenga blocks, an enormous concert hall in Singapore in the shape of a crumpled beetle, and over 9.3m sq metres (100m sq ft) of shops, offices and hotels in variously sculpted towers across Asia and the Middle East. Now Aedas, one of the largest architecture practices in the world, plans to bring its flashy brand of mixed-use huge projects to London. And there is very little to stand in their way.
Our Chinese clients have their sights set on London, and they know what they want, says Keith Griffiths, the Welsh-born chairman of Aedas, who presides over the 1,400-strong practice from its Hong Kong headquarters. They are used to high rise, high density, truly mixed-use developments having everything on one site, so you can live, work and play without ever leaving the building. We think that’s the way London needs to densify.
Upturn in the industrial market in Wales will continue for the rest of the year says Knight Frank
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/ Sion Barry
The first six months of this year witnessed an increased number of transactions for units over 50,000 sq ft in Wales shows latest research from Knight Frank
Capita appointed to project manage delivery of BBC Wales' new 150,000 sq ft HQ in Cardiff's city centre
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/ Sion Barry
Work on BBC Wales’ new headquarters at the Capital Square development is expected to start next year
US cyber security firm Alert Logic has taken up temporary accommodation in Cardiff ahead of moving into its new European headquarters in the centre of the capital this autumn
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/ Sion Barry
Cloud computing security firm Alert Logic, which will create 130 highly skilled jobs in Cardiff, has move into temporary offices in the capital
The port of Newport has been boosted with a £2.5m investment by its owners Associated British Ports
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/ Sion Barry
ABP has committed £2.5m to upgrading its Atlantic Shed warehouse in Newport in a deal taking investment at its port to £10m over the past 18 months
Welcome jobs boost for Merthyr as broadband firm expands to the town
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/ Jonathan Evans
Barden Network Engineering Limited acquires unit on Cyfarthfa Industrial Estate
UK construction industry still booming despite dip in May
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/ Angela Monaghan
Markit/CIPS construction PMI slips as growth slows in commercial space such as offices, shops and warehouses
British construction grew at the slowest pace in seven months in May but economists said the outlook remained strong amid a boom in housebuilding.
The Markit/CIPS construction PMI, which measures building activity, edged lower to 60 in May from 60.8, mainly reflecting slowing growth in commercial space such as offices, shops and warehouses.
First Fuel software aims to make energy efficiency easier, quicker
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/ Sarah Shemkus
No matter where the energy is coming from, commercial buildings should be using less of it, CEO says
Swapnil Shah doesn’t have anything against cleaner-burning fuels or renewable energy. He just thinks North American businesses and the buildings they operate in should be using less energy, no matter the source.
"The ability to reduce consumption in those buildings can have a huge impact", both economically and environmentally, said Shah, the CEO of First Fuel. The young software company in Lexington, Massachusetts, was founded with exactly that goal in mind.
Gherkin's salad days over amid financial pickle for London tower
Owners of landmark expect offers around £550m after currency fluctuations force them to sell, acording to Deloitte
The Gherkin, voted London’s favourite tower, has been put into receivership 10 years after its completion helped transform the capital’s skyline.
The 41-storey City landmark is likely to be put up for sale shortly and is expected to attract offers of more than £550m from Middle East sovereign wealth funds and other potential buyers.
Shop vacancy rates fall in UK but regions vary wildly
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/ Sarah Butler
North-west bears brunt of empty shops with vacancy rate of 17.3% compared to 12.2% average with small towns performing best
Retailers in the north and south of Britain face dramatically different conditions despite a slight fall in the proportion of empty shops across the country last year, new data released shows.
Shop vacancy rates fell below 14% for the first time since July 2010 to 13.9% in December last year, according to the latest figures from the Local Data Company (LDC). That compares to 14.6% in February 2012, suggesting that an improving economy and widespread efforts to help town centres are paying off.
UK commercial property market strengthening, says British Land
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/ Sean Farrell
Britain’s second-biggest property company says there is more interest in its London office space
British Land said the UK commercial property market was strengthening with increased investment spreading from London into regional markets.
In a trading update, Britain’s second-biggest property company said there was more interest in its London office space and that retailers were looking to open new stores.
Inside the Shard, floor by floor – interactive
Over the coming days the skyscraper’s owners will attempt to persuade the property industry that it is finally more than just a nice view. But even with all of the support coming from Doha for one of the country’s highest profile investments, the office complex will only be around a third full. Roll over the graphic to find out how much of each section of the building is currently occupied … Continue reading…
Tenants shun Shard leaving Europe's first vertical city up in the air
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/ Simon Goodley
London skyline’s £1.5bn addition remains all but empty year on from opening, with flats designed to pull in super-rich unsold
Soaring 310 metres (1,016ft) high and with 72 storeys, everything about the Shard is dramatic.
The London Bridge skyscraper the capital’s newest landmark, with views stretching 40 miles and which is visible to drivers crawling around the M25 bills itself as "Europe’s first vertical city".
Galleries are forced out of their historic London home
Cork Street dealers say property development is a threat to character of St James and Mayfair
London’s reputation as a romantic destination for lovers of art and style will hang in the balance this Valentine’s Day, as the deadline passes for public responses to a scheme to safeguard the look and traditions of Mayfair and St James’s against the influx of rich foreign residents.
The two grand, chiefly Georgian-built areas of the capital are a big draw for tourists and daytrippers, fanning out around Cork Street, renowned for its art galleries and salesrooms, and around Savile Row, for many years the heart of Britain’s bespoke tailoring industry.
Architecture in 2014: singing bins, talking pavements and skygardens
From crime-fighting lampposts to Zaha Hadid’s Olympic pool opening for business and a rise in social housing (finally), Oliver Wainwright charts the trends that will dominate 2014
It may sound like a prediction made while still high on brandy butter, drunk with New Year optimism, but 2014 will see an increase in the volume and quality of social housing built by local authorities for the first time in decades. After a rule change that allows councils to spend housing rental income on building new homes, and a relaxation of local authority borrowing caps, up to 25,000 council homes could be built over the next five years. East London borough Newham is leading the way, with a pilot project of modular homes designed by Richard Rogers, along with opportunities for younger architects to get involved. Let’s hope we see more initiatives like Peabody’s recent competition, allowing smaller practices to bypass cumbersome EU procurement rules.
Bank of England director hails shift in property bubble policy
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/ Katie Allen
Andrew Haldane says there is hope next property cycle will be different, and welcomes discussion on more realistic valuations
The prospect of decades of damaging property booms and busts coming to an end has been raised thanks to proactive policymakers and more realistic valuations from the real estate industry, a top Bank of England official has said.
Against the backdrop of a crash that left commercial property prices 37% below their peak, Andrew Haldane, executive director for financial stability at the Bank said there were reasons to hope the next cycle could be different.