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White Young Green

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West end start planned

Tower to start

Planning application submitted

City scheme to start

Contractor appointed

Sale and pre-let

Scheme revived

Euston start planned

Developer pushes ahead

Aldgate scheme to re-start

Aldgate scheme to restart

Office tower approval at Aldgate

Midtown scheme rethink

Westminster refurbishment

Columbia tower completion date

City fringe consent

Aldgate East underway

Midtown shortlist

Application for major EC4 scheme

New Exchange application in E1

Phase 2 submission in Aldgate

More offices for E1 site

2nd place to HM Government

BBC gains consent for Portland Place

Aldgate Union powers ahead

BBC 'longlist' development consortia

Summer start for Whitefriars EC4 scheme

MoD selects PFI team for headquarters project

Treasury scheme to go ahead

Property company gearing up

Helical Bar, the property company, is raising £29m to fund property acquisitions. The group said that the market opportinities it has been waiting for are arriving, as a number of interesting schemes become available. Helical Bar has been standing back from the development market since 2004/5. The development portfolio for this cycle includes 200 Aldersgate, White City and Mitre Square, EC3. - (10-12-2010)

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Aldgate East stops

The construction of Formation’s "Aldgate East”, at 1 Commercial Street and 101-110 Whitechapel High Street, London E1, has stopped. The building has reached concrete frame stage up to 11 storeys but its future is now being decided by administrators Ernst & Young. The development is planned as a 22 storey tower with about 8,640 sq m (93,000 sq ft) of office space, 217 residential units, and 1,068 sq m (11,500 sq ft) of retail space. The Formation Group, the sports talent manager, is understood to have raised a £93m loan for the land and building work from Heritable, part of Landesbanki, the failed Icelandic bank. As part of the deal Formation agreed to underwrite £11.6m of the loan, which now becomes a liability. Completion was planned for May 2010. - (18-12-2008)

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US rivals may team up for Canary bid

Goldman Sachs and Morgan Stanley, the rival US investment banks, are said to be making a joint attempt to take control of the Canary Wharf development. The Whitehall Fund, part of Goldman Sachs and Morgan Stanley Real Estate fund are bidding against Brascan, the Canadian property group. Last week canary Wharf received sealed offers for the company. Property analysts are expecting offers of between 260p to 300p a share, putting a value on the company of around £1.5 billion. - (31-08-2003)

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Glasnost - Online Project, Contact & Image Management

British Land in White City talks

British Land and Chelsfield are said to be in discussions to form a joint venture company to develop the White City centre in west London. The 16.6ha (40-acre) site between Wood Lane and the West Cross route is planned as £700m shopping centre of around 111,482 sq m (1.2m sq ft) and this will include an office complex, a hotel, 9,290 sq m (100,000 sq ft) of leisure space and social housing. The scheme has been designed by Ian Richie and has meet with many planning objections. - (18-02-2002)

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140 Aldersgate green light

Whitecliff Investments and Scottish Widows have gained planning consent for the speculative redevelopment of the vacant 140 Aldersgate Street, London EC1A 4JQ with an eight-storey office and retail block. The 12,800 sq m (138,000 sq ft) building will include 11,000 sq m (122,000 sq ft) of offices and 1,500 sq m (16,000 sq ft) of retail space. A construction start has been set for April 2002. BH2 is advising. - (11-12-2001)

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NAO reviews Treasury scheme

A review of the private finance initiative (PFI) approach on the Treasury and Ministry of Defence buildings in Whitehall, London SW1 has been launched by the National Audit Office, parliament's spending watchdog. The NAO has said that I will produce separate reports on the Treasury and MoD contracts, which are worth about £500m and £1.6bn respectively. The Treasury's Grade II listed building is being refurbished by the Exchequer Partnership, a consortium involving Chesterton, Stanhope and Bovis Lend Lease. The MoD's Grade I listed main building in Whitehall is being refurbished by Modus Services, a consortium comprising Amey, McQuarie Infrastructure, John Laing and Innisfree. Internal demolition work on the MoD's building will start in September. - (25-08-2001)

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Minerva to start Aldgate scheme

Minerva, the property company, is thought to have obtained vacant possession of its development site at St Botolph's in London E1. The site situated on the Aldgate roundabout, and includes St Botolph's House, Ambassador House, 138-139 Houndsditch and 2 White Kennett Street. Minerva is understood to have just bought out the interest of the Consignia, previously known as the Post Office, and is now said to be likely to start construction of its 48,473 sq m (525,000 sq ft) 'groundscraper' in December 2001. The architect for the scheme is Nicholas Grimshaw & Partners. - (18-06-2001)

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BBC prefers Land Securities

The BBC has announced that Land Securities Trillium as the preferred bidder in its proposed property partnership. Land Securities submitted a joint bid with Trillium, the outsourcing group, last year. The Land Securities team is also understood to include Bovis Lend Lease. The BBC's reserve bidder is Amey. If Land Securities/Trillium secure the deal the first project is likely to be the £200m development of the White City site in London W12, which could provide 60,000 sq m (645,840 sq ft). The Grade II listed Broadcasting House in Langham Place, London W4 is included in the property portfolio and the BBC is also said to be renegotiating its lease on Bush House, Aldwych, London WC2, which expires in 2005, and could be a refurbishment project. - (25-03-2001)

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