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Royal Bank of Scotland

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Paddington application

Noho refurbishment start

Mixed use scheme consent

Banks to fund scheme

Major West End development

Major West End application

Mixed use scheme for City fringe

Mixed-use scheme plan

Work starting on City fringe scheme

Refurbishment starts

City refurbishment plan

Blackfriars scheme seeks new investors

West end site closer to development

Office tower sold for redevelopment

RCP agrees Euston deal

Lettings at EC4 scheme

City office refurbishment application

New Mayfair consent

Refurbishment in EC1

Mixed use proposal for bank offices

Midtown opportunity

City office consent

June completion for City scheme

Fabbriche start on SW1 block

RBS major pre let

Shortlist for west end scheme

Start planned for City scheme

End 2007 start for Royal London House

Tender for Mayfair scheme

Consent for City scheme

Spitalfields start

Mixed-use scheme for SW1

Rolls and Arnold to start

L&G win permission for major EC2 scheme

Letting for EC3 scheme

Redevelopment mooted for W1 block

Phase 2 submission in Aldgate

Mayfair scheme approved

LDA confirmed in SE1

More offices for E1 site

Consent for RBS scheme

Consent for Mayfair scheme

Revised scheme for major EC2 site

Office plan for large WC2 site

New Mayfair office application

Tishman Speyer sells Aldgate Union site

LDA & Kajima granted planning permission

New Drapers Garden plan

Minerva Skyscraper wins approval

Crown Estate sets out plans

New offices completed.

London's worst ten buildings

South Kensington scheme

Tower Place officially opened

21 Grosvenor Place sold

New owner for Shelley House

MWB sells Royal Victoria Dock site

RBS secure EC2 consent

Threadneedle scheme gains consent

Wates on site for Lothbury

Things to get worse before they get better?

Take-up falls

London Stock Exchange considers bids

Shell-Mex House acquired

New HQ for the RNIB

Refurbished head office for RNIB

Conference centre for the RNIB

MWB has plans at Royal Victoria Dock E16

Royal Exchange developer selected

Consent for Drapers Gardens

The Royal Bank of Scotland has at last received planning consent for the redevelopment of its Drapers Gardens site bounded by Copthall Avenue and Throgmorton Avenue, London, EC2. The existing building is 32,996 sq m (355,168 sq ft) and the current proposals, submitted in April 2004, are for a stepped building of between five and 16-storeys, providing 37,452 sq m (403,733 sq ft) gross floorspace. The office element of the scheme will be on 13 floors and amount to 30,761 sq m (331,111 sq ft) gross external. There will be 131 sq m (1,410 sq ft) of retail space on the ground floor. The architect is Foggo Associates and Drivers Jonas is the development advisors. - (21-11-2005)

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Elephant & Castle project hots up

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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Columbus Tower approved

Columbus Tower, a 63-storey, 246m high, skyscraper, has been approved by London Borough of Tower Hamlets. The building, designed by DMWR architects and Weintraub Associates, adjoins Canary Wharf and is at the western end of West India Quay, London, E14. The project needs a Section 106 agreement to be signed and will also to be referred to the Greater London Authority and the Civil Aviation Authority. Columbus Tower is to be developed by SKMC, controlled by the Abu Dhabi royal family, and Farnham Properties. The scheme includes 30,000 sq m (322,920 sq ft) of office space, a hotel and health club, 2,200 sq m (23,680 sq ft) of retail space and a winter garden. The development could be completed by 2007. GVA Grimley is the planning consultant and DTZ is advising on the commercial space. - (30-03-2004)

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Glasnost - Online Project, Contact & Image Management

Canary Wharf Group set deadline for offers

Canary Wharf Group has set a deadline of 13th February for Branscon, the Canadian property company, and Paul Reichman to make fully funded offers for the Docklands complex. The deadline is expected to clarify the position of the rival bidders to shareholders ahead of an extrodinary meeting on 23rd February, which is to vote on a recommended £1.56bn offer from a Morgan Stanley-led consortium. Recently Canary Wharf secured a £1.1bn investment deal with Royal Bank of Scotland on 5 Canada Square, let to CSFB, and 25 Canada Square, let to Citigroup. - (12-01-2004)

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'Gherkin' shortlisted for award

The Swiss Re building, otherwise known as the ‘Gherkin’, in the City of London, has been shortlisted for the first London Planning Awards. The awards, run jointly by London mayor Ken Livingstone, London First, and the Royal Town Planning Institute, aim to highlight outstanding planning achievements in London. The Swiss Re building was designed by Foster & Partners and submitted for the award by Montagu Evans. Paddington Waterside Partnership is on the shortlist for the best community or partnership initiative category. - (31-10-2003)

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Skanska wins Palestra contract

Blackfriars Investments and Royal London Asset Management have signed a £67.5m construction contract with Skanska UK to build the Palestra office scheme on Blackfriars Road, London SE1. The project has had several previous start dates but the cleared site could now be on-site this year, or early 2004. The revised completion date is now mid-2006. - (30-09-2003)

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Palestra for summer start

Blackfriars Investments and its joint venture partner Royal London Asset Management has said that it will start work on its 39,018 sq m (420,000 sq ft) Palestra office development in Blackfriars Road, London SE1 by June 2003 and be completed in late 2005. The scheme, designed by Will Alsop, has £79m of funding from Bank of Scotland. The site is ready for development with the previous 1960’s office building having been demolished last year. The letting agents for the scheme are Insignia Richard Ellis and DTZ. - (27-02-2003)

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Drapers Gardens plans submitted

The Royal Bank of Scotland, advised by Montagu Evans, has formerly applied for consent to redevelop its 32,996 sq m (354,478 sq ft) tower offices at Drapers Gardens, 12 Throgmorton Avenue, London EC2. The new 17-storey office building has been designed by Foggo Associates (020 7490 4040) and will provide 30,780 sq m (331,315 sq ft) net of office accommodation along with 319 sq m (3,433 sq ft) of retail space. - (16-02-2002)

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Grosvenor may buy 41 Lothbury

Grosvenor, the private property company, is said to be in advanced negotiations to buy 41 Lothbury, London EC2 from the Royal Bank of Scotland. The scheme has planning approval for the refurbishment and partial redevelopment of the 9-storey, Grade II listed, building, the former National Westminster headquarters. The scheme involves a change of use from a banking hall to office (B1) use, with retail and restaurant space. The net office floorspace proposed is estimated to be about 13,935 sq m (150,000 sq ft). DTZ Debenham Tie Leung is thought to be advising RBS and CB Hillier Parker is acting for Grosvenor. - (29-07-2001)

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'Guidance on tall buildings'

English Heritage in its new statement 'Guidance On Tall Buildings' discourages tall buildings in historic areas of London and suggests better locations are those such as Canary Wharf, Stratford and Croydon. The report has been produced jointly with the Commission for Architecture and the Built Environment (CABE). The statement says "the overriding consideration will be whether the location is suitable for a tall building in terms of its effect on the historic environment. If not, then no tall building will be acceptable, however good the design". This seems to reverse previous thinking that allowed the Baltic Exchange to be demolished to make way for the Swiss Re tower. The report reinforces the current St Paul's protected view and is for maintaining views from royal parks. In the same report CABE says that first-class design should be paramount and that an exceptional scheme could override other considerations. - (12-06-2001)

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Berkeley Square estate sold

Sheikh Zayed bin Sultan Al-Nanyan, president of the United Arab Emirates, and head of the Abu Dhabi royal family, is said to be the mystery buyer for BP Amoco's Berkeley Square estate in London W1. Sheikh Zayed is thought to have paid around £325m for the portfolio of 100 buildings. London based Capital Trust is believed to have fronted the deal for Sheikh Zayed. CB Hillier Parker is expected to manage the portfolio. - (11-06-2001)

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41 Lothbury plans approved

The Royal Bank of Scotland has received planning approval to the refurbishment and partial redevelopment of the Grade II listed, former National Westminster headquarters, at 41 Lothbury, London EC2. The scheme involves a change of use from a banking hall to office (B1) use, with retail and restaurant space and also includes 12 Angel Court, which adjoins the main building. The gross floorspace of the proposals for the 9-storey building is put at around 26,000 sq m (279,864 sq ft), and the net office floorspace is estimated from the plans to be about 13,935 sq m (150,000 sq ft). - (22-04-2001)

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British Land may be in lead for Mayfair estate

British Land is now said to be the front runner to buy the 10-acre Berkeley Square estate in Mayfair W1 from the BP Pension fund. It is thought that an offer of around £300m has been made by the company that is on a shortlist of bidders that may also include the Barclay twins and Moorfield, the property group, Simon Hallabi, a Syrian-born investor, Grosvenor Estates, and the Saudi Arabian Royal family. The BP Pension fund acquired the portfolio in 1967 for around £12m. The sale is being dealt with by Richard Womack at CB Hillier Parker. It is said that unsuccessful bids have been made by Minerva, Benchmark, and Green Properties and an unnamed US investment bank. - (09-04-2001)

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Drapers Gardens potential redevelopment

The Royal Bank of Scotland currently occupies Drapers Gardens, a Seifert-designed office tower providing around 16,710 sq m (180,000 sq ft), which was developed by Harry Hyams Oldham Estate in 1967. It is thought that the Royal Bank of Scotland could vacate the building in October 2001 and that it could then potentially be redeveloped or refurbished. Royal Bank of Scotland is said to be in discussions with the freeholder, the Worshipful Company of Drapers, about the development. There has been speculation that the development potential of the site could be in the order of 32,515 sq m (350,000 sq ft), although nothing else is known at this stage. - (05-04-2001)

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Royal & SunAlliance shortlists

Royal & SunAlliance has been shortlisting architects for a planned redevelopment of 62-63 Threadneedle Street, London EC3, which could also include 1 Bartholomew Street, to create a combined development of about 18,680 sq m (200,000 sq ft). On its own 1 Bartholomew Street could provide a scheme of around 6,500 sq m (70,000 sq ft and could be started in advance of the other building. it is understood that Royal & SunAlliance has narrowed its shortlist down to three practices. A decision on the architect for the scheme will be made by the end of April, with a planning application expected to be submitted at the end of the year. - (05-04-2001)

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Shell-Mex House for sale

Shell-Mex House in the Strand, London WC2 is rumoured to be on the market at around £300m. The landmark office building was built by Royal Dutch Shell as its head office in 1931 and was acquired by Witkoff, the US property company, for about £180m in 1999. The 53,400 sq m (575,000 sq ft) building completed a major refurbishment last year and is now occupied by Omnicom, the advertising group, Pearson, the media company, and Vizzavi, the internet joint venture between Vodafone and Vivendi. It is said that Insignia Richard Ellis is to market the investment opportunity. - (11-03-2001)

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Royal Parks object to Paddington skyscrapers

The Royal Parks Agency is lobbying Westminster City Council to reject the plans for skyscrapers at Paddington. The RPA says that the proposed towers will have an intrusive effect on Kensington Gardens, Hyde Park and Regents Park and has demonstrated the possible impact with 'before' and after' illustrations. The RPA has stated that neither the Grand Union Building, by architect Lord Rogers, or The Station Tower by Nicholas Grimshaw for Railtrack, should be granted planning permission. - (23-11-2000)

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Company Details for Royal Bank of Scotland