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Gracemark Investments

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News about Gracemark Investments

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Midtown scheme poised

First tenant for City scheme

Construction start in St James'

Midtown refurbishment

Contractor for SW1 scheme

St James' consent

Revisions for SW1 scheme

City deals

City scheme underway

Appointments on EC3 scheme

New scheme for EC4

Construction to start in EC2

Gracechurch scheme for 2008

Greenhills start City scheme

Gracemark scheme underway

Start for EC3 scheme

Offices for St James'

Consent for St James scheme

New life for City site

HBG wins Morley contract

Shortlist for EC3 refurbishment

Major refurbishment for EC3 tower

Mayfair office refurbishment

USS scheme underway in EC3

Offices for Brook Street

Gracemark Investments and Oppenheim Property Fund, the property investors have submitted plans for the redevelopment of the vacant £11m Melbourne House, 8-12 Brook Street, London, W1. The scheme envisages a 1,860 sq m (20,000 sq ft) refurbishment to include 1,626 sq m (17,500 sq ft) of offices, plus two floors of retail. The refurbishment has been designed by DP9. - (21-11-2005)

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'right to light' claim

Churchill Securities is now said to be seeking an injunction against Marks & Spencer claiming that its development at 70 Gracechurch Street, also known as Limebank House, 168 Fenchurch Street, London EC3 affects a "right to light" clause on an adjoining building that Churchill owns. It appears that discussions have not resolved the issue and the threat of legal action is making it harder for M&S to find a tenant. Churchill is thought to have made M&S an offer of £150m for the building, subject to planning consent being granted to convert the recently completed building into a 34-storey tower (which would reportedly cost another £130m).

Colliers Conrad Ritblat Erdman and Jones Lang LaSalle are the letting agents for the scheme. It has also been reported that three City firms have pulled out of negotiations for Limebank House due to the legal problems. - (01-10-2001)

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