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babcock & brown limited prospectus.pdf - Astrojapanproperty.com
babcock & brown limited prospectus.pdf - Astrojapanproperty.com
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SECTION 3<br />
BUSINESS OVERVIEW<br />
Selected projects developed by Babcock & Brown, or in its development portfolio are listed below:<br />
Gross<br />
development Construction<br />
Project Description value (£m) 1 commenced<br />
Derby Schools 1<br />
and 2<br />
• Development of four secondary schools<br />
• Facilities of 44,000m 2<br />
• 25-year concession term<br />
71<br />
2003<br />
(Stage 1)<br />
2004<br />
(Stage 2)<br />
Calderdale School<br />
• Grouped school scheme comprising five schools<br />
• 3,800 school places<br />
58<br />
2003<br />
• Total area 38,000m 2<br />
• 25-year concession term<br />
Norfolk Police<br />
Authority<br />
• New police headquarters<br />
• Premises of around 15,000m 2 including office<br />
accommodation, a restaurant, vehicle servicing area and an<br />
indoor firing range<br />
30<br />
2000<br />
• 35-year lease term<br />
Bootle<br />
• Office accommodation for the Inland Revenue<br />
16<br />
1999<br />
• Premises of around 7,800m 2<br />
• 15-year lease term with freehold ownership<br />
Abingdon<br />
• Area headquarters for Thames Valley Police Authority<br />
9<br />
1999<br />
• Premises at around 4,000m 2 including a custody suite,<br />
interview rooms, locker rooms and restaurant<br />
• 30-year lease term<br />
NOTE<br />
1. Gross development value includes costs of land, design and construction, legal costs (including lenders’ costs), bid development costs, interest during construction<br />
and other associated costs.<br />
60