WAN Awards

SUNDAY 4 DECEMBER 2016

SEARCH   
 
Previous Next
 

Park House, London, United Kingdom

Thursday 16 Jul 2009
 

Land Securities eyes green shoots

 
Park House by WAN Editorial in London, United Kingdom
 
 
Park House by WAN Editorial in London, United Kingdom Park House by WAN Editorial in London, United Kingdom Park House by WAN Editorial in London, United Kingdom
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€)
WAN Editorial
worldarchitecturenews.com

More projects by this architect

Tech Spot #75: Automatic waste collection

Scaffolding collapse

Timber construction

‘Air rights’

Anfield Stadium store

More Projects

 
WAN Business Information
ECOWAN
 

Click here to view the NEWS IN PICTURES tablet site