{"id":408,"date":"2018-11-13T09:15:38","date_gmt":"2018-11-13T09:15:38","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=408"},"modified":"2018-11-13T09:15:38","modified_gmt":"2018-11-13T09:15:38","slug":"landsec-grows-london-pipeline-of-work-to-2bn","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/landsec-grows-london-pipeline-of-work-to-2bn\/","title":{"rendered":"Landsec grows London pipeline of work to \u00a32bn"},"content":{"rendered":"

Developer Land Securities has boosted its pipeline of office-led work in London to 2m sq ft.<\/p>\n

The schemes are either on site, in design, or in feasibility and represent a total development cost of around \u00a32bn.<\/p>\n

Chief executive Robert Noel said: “21 Moorfields, EC2 is on schedule to complete in 2021 when it will be handed over to Deutsche Bank for their new UK headquarters.<\/p>\n

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“We’re working on revised plans for the development of Nova East, SW1 and are in pre-planning for the redevelopment of Portland House, SW1 underlining our strong belief in Victoria.<\/p>\n

“And we are assessing new sites for the next generation of London developments.<\/p>\n

“In addition, we are working up plans for significant mixed use developments, including more than 4,000 homes on our suburban London retail sites.<\/p>\n

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“At two of these, Finchley Road, NW3 and Shepherd’s Bush, W12, we intend to submit planning applications in the first half of 2019 with a total development cost of around \u00a31bn.<\/p>\n

“We also see excellent potential for a new town centre at Lewisham, with our ownership of Lewisham Shopping Centre, SE13 forming the core of a potential 8.3 acre mixed use destination.<\/p>\n

“In addition to this, we are exploring the potential at other locations in London.”<\/p>\n

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The firm added: “We remain confident in our view that London is a global city with strong long-term prospects.<\/p>\n

“Occupational demand and pre-letting activity have remained steady, and we expect a continued flight to quality.<\/p>\n

“This trend may put pressure on second hand space and we will continue to monitor the market for opportunities to deploy capital.<\/p>\n

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“We have added to our development opportunities and are deploying innovative ways of building more quickly and cost effectively.<\/p>\n

“The location and the nature of the product in our pipeline means it is likely we will develop speculatively, although timing will depend on market conditions.”<\/p>\n

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from Construction Enquirer https:\/\/ift.tt\/2JYxewp<\/p>\n","protected":false},"excerpt":{"rendered":"

Developer Land Securities has boosted its pipeline of office-led work in London to 2m sq ft. The schemes are either on site, in design, or in feasibility and represent a total development cost of around \u00a32bn. Chief executive Robert Noel said: “21 Moorfields, EC2 is on schedule to complete in 2021 when it will be […]<\/p>\n","protected":false},"author":1,"featured_media":153,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=408"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/408\/revisions"}],"predecessor-version":[{"id":409,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/408\/revisions\/409"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/154"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}