Clear Skies, Freshening Breeze

clear skies freshening breeze

In the USA July 4th is Independence Day. In the City of London it was when the recession ended…at least for some of us. Having just got back from our annual sailing weekend in the Little Britain Regatta we are feeling fresh and ready-to-go. We are also feeling very positive about business: On July 4th we received the go-ahead on a number of projects, and have since enjoyed an unexpectedly steady stream of enquiries. It seems like the economic tide is turning. As part of our efforts to take full advantage of this new environment we are boosting our communications, and would like to let you know about all our current operations.

Abchurch Communications Abchurch Communications is a corporate communications consultancy that specialises in financial public relations. They are moving to the 16th Floor of the prestigious 125 Old Broad Street (owned by Hammersons, where our contact is Tim Gore), which they believe will convey their success and dynamism to employees and clients. The contractor is Quad Contracting, and the agent is David Alcock of Newton Perkins.

Devonshires Devonshires, a City law firm, is based in Salisbury House in Finsbury Circus. They are concluding a deal with the existing landlord for a 30,000 square foot space. SHOR are acting as tenant advisers to produce concept design - the landlord is providing the fit out. The landlords are Warnford Investments, and. the project managers are Stace and Co.

SHOR Associates is part of SAIA Group and is a member of the Federation of Corporate Real Estate Registered office: Level 7, Tower 42, 25 Old Broad Street, London, EC2N 1HN 020 7877 6345

Newsletter October 2009

opportunities for moving up Many companies are taking full advantage of the current rental market. Majedie Investments, a self-managed investment trust with total assets of approximately £140 million, asked us to help them move into a prestigious new office in Tower 42. The business introduction was from Richard Clarke of Matthews and Goodman, and the contractor is IDM Group.

BDRC Continental BDRC Group is a full service marketing research and consultancy company.

funds under management. It is planned that this building will house

They have a subsidiary called Continental Research, who offer a range of

Boost, Robert’s sports disability charity, which funds sports projects for

market research services, such as focus group and questionnaire analysis.

disabled and disadvantaged people. It will also house Robert’s new

Their offices are currently located in different places and BDRC would like to

enterprise, St Bride’s Street Strategic Adviser, who will provide support

consolidate their operations into a single office. SHOR have been appointed

and advice to investors, institutions, corporate businesses and financial

as designers and project managers for this 10,000 sq ft relocation: The lease

organisations.

is being negotiated by Andrew Pegg of Midas Corporate Consulting, and the

What else?

Landlord is PRUPIM.

Middle Temple

Federation of Corporate Real Estate

Middle Temple, one of the Inns of Court to which barristers are required to

Corporates with independent advice on their real estate and associated

hold membership, is a leafy complex positioned between the Strand and

matters. They currently have twenty-five members, including larger

Embankment. Many of its buildings are now used to house barristers, and

companies like King Sturge and Savills, and small companies, like us.

following some work Shor did on their library’s archive a few years ago, we

SHOR are seeking greater involvement with the federation, and we are

have been asked to remodel 1-4 Pump Court to provide sustainable heating

managing the development of a federation internship scheme. It is

and AC capabilities. This involves the design of twenty high energy heat

currently in its consultation stage:

pumps with total cooling capacity of 600 kW which will allow them to upgrade

http://www.fedcreinternshipconsultation.blogspot.com/.

FCRE is a new independent body established in 2005 to provide

their premises. It is a conservation area and has required gaining planning permission from the City of London; we have been successful and are currently finishing the details of structural constraints and building façade

We are continuing to our fantasy football competition. This year we

design. The project’s building service consultant is Venables Associates.

have fourteen city agents and company staff battling it out. Last years

St. Brides Street

winner was Chris Johnston Stewart of Sparkes Porter.

2010 16th -19th September

SHOR have recently been commissioned to refurbish a 4,000 square foot property at 5 St. Brides Street. The building is owned by Robert Houston who until recently was Global CEO for ING Real Estate Investment with €65bn

We already gearing for next year’s regatta, and are hoping to again compete in a racing class with a Beneteau Oceanis 37, and to get more people involved.

SHOR Associates is part of SAIA Group and is a member of the Federation of Corporate Real Estate Registered office: Level 7, Tower 42, 25 Old Broad Street, London, EC2N 1HN 020 7877 6345

Newsletter October 2009