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St Modwen, the developer, is said to be looking to bid for the redevelopment of the Elephant & Castle site in south London. The London Borough of Southwark is about to issue invitations to tender for the 71ha (170-acre) site. The scheme includes new office buildings, shopping centre, leisure uses and residential. Other groups thought to be preparing bids include Blackfriars Investments, with Royal London Asset Management, Berkeley Group, Hines, the US developer, and possibly Multiplex. The previous attempt by LB Southwark to find a developer partner fell apart in 2002. - (23-02-2005)
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DEGI, the German fund, is thought to have paid Henderson Global Investors about £56.5 for Alder Castle House in EC2. Argent originally marketed the building for sale in May 2000 and was expecting to raise about £75m. In early 2001 Henderson, acting for Pearl Assurance, was said to have acquired the building for about £59m. - (21-11-2003)
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A planning application has been submitted for the redevelopment of 40 Holborn Viaduct and 2 Charterhouse Street, London EC1 by the developer Castlemore Holborn Partnership. The architect for the development is Rolfe Judd and the scheme is for a new office building of 21,658 sq m (233,126 sq ft) with 130 sq m (1,399 sq ft) of retail units on the ground floor. - (27-02-2003)
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The deal with Southwark Land Regeneration, a joint Frogmore Estates and Godfrey Bradman venture, for the mixed-use redevelopment of the Elephant & Castle area, was finalised at a Southwark Council meeting on Monday 22nd January 2001. An outline planning application for the scheme could now be submitted in the autumn, following public consultation on the proposals. - (26-01-2001)
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