WAD 2014

TUESDAY 29 JULY 2014

SEARCH   
 
 
World Architecture Day 2014
 
World Architecture Day 2014
Previous Next
 
Park House, London, United Kingdom 
Thursday 16 Jul 2009
 
Land Securities eyes green shoots 
 
 
 
Your comments on this project

No. of Comments: 0

Add comments | More comments

Be the first to comment
 

Editorial

UK’s largest developer plans for upturn 

An announcement this week by Francis Salway, Chief Executive of the UK’s largest developer, Land Securities gave hope to architects that the finance log jam may be easing. The company has built up a considerable “war chest” funded by a recent £756m GBP rights issue and the sale of £520m of property in the last few months. Outlining start plans for two major London developments next year, Shelbourne House on Victoria Street and Park House on Oxford Street, Salway explained, “With a strengthened balance sheet we are now assessing opportunities for investment. We maintain our view that patience is a virtue and that opportunities will arise over years not just months,” Park house will be the biggest development in Oxford Street in more than 40 years and the largest office development in London’s Mayfair district for a decade.

Key Facts

Status
Value 0(m€)
Editorial

More projects by this architect

Lucas Museum of Narrative Art

Heron Tower to become Salesforce Tower London?

WAD14 Partnership with Mr. He of Franshion

PSES Building

Stirling Prize Shortlist

More Projects

Latest Jobs in London

Senior Interior Designer

Senior Project Architect - Studio Manager

Marketing and Submissions Coordinator

 
Vola
ECOWAN