Leadenhall_PresentationVersion
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Occupation<br />
- Tenures -<br />
British Land and Oxford formed a joint venture in 2010 and<br />
together developed the <strong>Leadenhall</strong> Building. British Land owned<br />
the P&O Tower (Peninsular and Oriental), which was occupying<br />
the site before the <strong>Leadenhall</strong>. The project was initially delayed<br />
by the financial crisis but was revived in 2010 when Oxford Properties<br />
joined the development efforts.<br />
Paul Brundage, Executive Vice President, Senior Managing Di-<br />
rector Europe of Oxford Properties said: “We are delighted to be<br />
partnering with British Land on the <strong>Leadenhall</strong> project. In terms<br />
of both strategy and approach British Land is strongly aligned<br />
with Oxford Properties’ own objectives, making us well placed<br />
as partners […]. In investment terms, this project […] is further<br />
evidence of our long-term commitment to, and confidence in,<br />
the London market.“<br />
British Land is one of Europe‘s largest Real Estate Investment<br />
Trust (REITs). Its portfolio includes commercial, retail and residential<br />
assets and is worth £19.7bn.<br />
Oxford Properties, established in 1960, is a global real estate owner,<br />
investor, developer and property manager with a portfolio<br />
of office, retail, multi-residential and hotel assets. Their Europe<br />
Portfolio is worth £4bn.<br />
References<br />
http://www.theleadenhallbuilding.com/architecture/the-team-behind-the-leadenhall-building/ (access: 16.3.16)<br />
http://www.britishland.com/news-and-views/news/archive/2010/22-12-2010.aspx (access: 16.3.16)<br />
http://www.britishland.com/about-us/our-portfolio.aspx (access: 16.3.16)<br />
http://www.oxfordproperties.com/corp/Web/Default.aspx (access: 16.3.16)<br />
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