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communicating luxury INTRODUCTION TO CARLYLE CONSULTANTS 2 Carlyle Consultants 3 Carlyle Consultants 4 ABOUT 5 SERVICES 6 PROPERTY 12 LIFESTYLE 15 LUXURY TOPPING 16 EVENTS 17 WHY CARLYLE CONSULTANTS 18 TEAM CONTENTS Founded in 2013 byTriciaTopping Carlyle Consultants is a London- based independent communications and marketing agency specialising in Luxury products property and lifestyle.We advise leading brands on strategic communications using a combination of traditional methods and modern marketing tools finding the most effective ways to reach their target audience.We understand that good communications must add value and be measurable to demonstrate a return on investment. Made up of a small but driven team who work closely with their clients we seize every opportunity to ensure that our clients aims are achieved. Whether it is corporate communications organising client events managing social media accounts or advising on the most effective methods to promote our clients brands we are here to help you engage with your customers and define yourselves as a company. Carlyle Consultants ABOUT 4 Carlyle Consultants5 SERVICES Communications strategy Events Social media Creative collaborations Leadership development Networking Crisis communications Marketing Sales advice 66 Carlyle Consultants Whether youre looking to promote a deal raise capital or market a new development we have a reputation for being able to understand the communications needs surrounding all property matters and have worked in every area of the property market including international developments in the Middle East Mauritius the Bahamas and Monaco. Our experience covers commercial property residential property management and interior design. We can advise on every aspect of a development including Corporate communications Assisting with planning and community consultation Sales and marketing Promotion and media relations Events PROPERTY Carlyle Consultants7 We base our marketing and PR plan on real strategic insights.We make our decisions based not only on your experience but also on insightful market data.This incorporates customer profiling for the development a review of the competition and research of the location. This ensures your marketing and PR strategy is tailored for the appropriate audience. We make our decisions based not only on your experience but also on insightful market data. STRATEGY MANAGEMENT 8 Carlyle Consultants 26 housebuilder march 2016 THE INTERVIEW Bob Weston Weston Homes B obWeston chairman and md of Weston Homes has a suggestion for unlocking all of the brownfield land in Kent and east London.The solution he says is Boris Island the once proposed airport in theThames Estuary so-called because of the London mayors well-publicised support for it. Boris Johnsons pet project was dismissed as too costly. ButWeston insists that the envisaged four- runway airport on the Isle of Grain Kent would have led to the redevelopment of badly needed land once infrastructure was in place.The airport certainly would have been of interest to his company with his stomping ground being in the Home Counties including Kent as well as outer London. The straight-talkingWeston likes to view things differently at times. And with utter confidence in his standpoint.These traits have almost certainly guided him through the 28 years that he has been fronting the business he started which delivers new build conversion and mixed-use projects. world marketplace In another exampleWeston Homes purchases building materials from various corners of the globe including porcelain tiles from Dubai. Whilst the industry is largely UK based and there is the eco argument when it comes to sourcing productsWestons perspective isThis is a world marketplace nowhere is off-limits.Taking a world view enables you to buy the best products at the best prices.Were buying all sorts of products stonework tops from overseas taps and glass. Whether thinking globally or more locally the Weston Homes philosophy focuses onadding thingsto create value and interest explains the boss.That way its a thought process.We want to build fresh developments. You spend a bit more for higher perceived value. Everything weve built has been brownfield Im not an eco-warrior its just where we can develop at best value. Invariably well knock something down to build something new. Preston Hall is a recent example ofWeston Homesrestoration work.The company has refurbished a statelyVictorian mansion in Aylesford Kent to accommodate apartments houses and villas some sporting period features. Weston Homes is progressing well with its growth strategy with several schemes set to launch this spring. Suzie Mayes talks to Bob Weston chairman and md about the business that he created in the 1980s his own plans and hisfive-a-dayapproach Westons five-a-day What made Weston Homes BobWeston establishedWeston Homes in 1987. Prices of its homes and apartments range from 140000 to 1 million. Before becoming his own bossWeston enjoyed 12 fruitful years at Fairview New Homes.During such a length of time you have aspirations you might desire to become a directorhe says.I got there too quickly in the sense that Id fulfilled my career aspiration by the age of 30.What more was there to do I thought Id be brave and start out on my own. I bought a couple of building plots. I left Fairview Homes and returned the company car. On the Monday morning afterwards I found myself standing in the snooker room over my garage. But my motivation was what do I want to achieve Twenty-eight years later his company possesses a portfolio of 2300 new homes in the development pipeline. Over the current five-year business plan around 1 billion-worth of new residential property or mixed-use developments will be constructed. It pays to be brave. 026-28_HB_MAR16.indd 26 22022016 1623 httpswww.property-magazine.eunew-science-and-technology-campus-unveiled- in-essex-34278.html HousebuilderHHround table 20 housebuilder november 2015 T his industry can do it.We can build more. Theres enough land planning will be okay we can find the labour materials supply is OK we can get there. JohnAndersonexecutivedirectorofKierLivingwasin bullishmoodattheHousebuilderHHRoundTableas thegroupoftenseniorindustryfiguresdebatedtheissue ofnewhomessupplyundertheexpertchairmanshipof HBFexternalaffairsdirectorJohnSlaughter. The aim was to try to find solutions to the challenges of increasing new homes supply in a way that would really make a difference. So did the panel believe that supply could increase to more than 200000 in England Anderson was the most positive but his positivity was conditional.Housing supplyhe said is like a business plan. But the government keeps tinkering going back to the business plan and changing it.They really dont need to do this. Andersonsawafutureinwhich200000plusnew homesispossiblebutwaslesssureoftheheady heightsof250000.Evenifwehadtheplanningfor 250000-pluswejustdonthavethepeoplebuilding thatvolumewouldmeanweneedtoimportthelabour. Others round the table questioned whether higher numbers can ever be reached.Building 160000 to 200000 in the UK is the long term average over the past 40 yearssaid NHBC chief executive Mike Quinton. Im not sure we can get much beyond that. Labour and skills are a big issue. Is 200000 a glass ceilingasked Miller chief executive Chris Endsor.I think to get near 200000 we need the SMEs firing up.And that said HH UK managing director Mark Oliver is not easy because of regulation.Regulation is a barrier to entry to the market for the smaller firms do you think the government realises this And then there is the question of whether the A time for fresh thoughts TheHousebuilderHHRoundTablediscussed waysofincreasinghousingsupply What is required for the industry to boost supply to 250000 homes a yearThis was the question posed to senior housebuilders and industry figures at this years Housebuilder HH RoundTable. Ben Roskrow reports on their musings Round Table The 020-26_HB_NOV15.qxp 28102015 1425 Page 20 HousebuilderHHround table housebuilder november 2015 21 on housing supply industry actually wants to increase supply significantly.Is it unfair to expect the industry to dramatically increase supplyasked Quinton.If the builders are doing quite nicely why do more Linden group managing director Andrew Richards had the answer.We are not going to invest in our raw material land and then not use it.And for the smaller firms Steve Midgley managing director of Fairgrove saidI dont know about the big guys but we would build more. Despite their concern over whether housing supply numbers can reach the levels required to match demand the panel was in fine form in looking for solutions to the problems. But first of all those problems had to be defined. Richards summed up the challenge.There are so many problems its a series of hurdles and once youre over one theres another one ahead. The panel began with the old favourite planning. Thetraditionalplan-ledsystemisholdingback supplysaidMartinSkinneradirectorofInspiredAsset ManagementthatdevelopsinLondon.Itsrisky unpredictableandaffectedbysection106agreements spacestandardsandtheCodeforSustainableHomes. SpacestandardsareanissuesaidSkinnerwhoiskeen tobeallowedtobuildsmallerhomesarguingthatin Londonsmallflatsarepopularsmallerhomes hesaidmeanlowerprices.continuedonpage224 020-26_HB_NOV15.qxp 27102015 1125 Page 21 MG to sell Atlantic Quay trio ascitysbusinessareahotsup 9 Three 1990s-built Glasgow offices expected to attract interest as redevelopment and investment opportunities BY RHIANNON BURY MG Real Estate has appointed Savills to sell 1 2 and 3 Atlantic Quay in Glasgows business district with a price tag of up to 60m for all three. Built in the 1990s 1 and 3 are being marketed as potential redevelopment plays for investors looking to capitalise on growing interest in the area. A number of schemes are currently in the pipeline including BAM Properties hugely anticipated Atlantic Square scheme which is due to be approved by the city council in the coming weeks. 1 Atlantic Quay is around 124000 sq ft and its tenants include property developer Mactaggart Mickel energy provider Scottish Power and the Big Lottery Fund. Scottish Power is planning to move to a new 220000 sq ft purpose-built building on the former Elphinstone Tower site on the corner of India Street and St Vincent Street. 3 Atlantic Quay meanwhile is around 81000 sq ft and counts AXA Insurance and Oval Financial among its tenants. As with 1 Atlantic Quay the tenants leases are due to expire in the next two to three years. The 77000 sq ft 2 Atlantic Quay is being offered as an investment opportunity. Lloyds TSB Scotland focuses its West of Scotland activities in 2 Atlantic Quay and the building also houses the groups flagship phonebank telebanking centre. It recently regeared its lease which is due to expire in 2026 and has a break in 2021. MG has long been active in the Scottish property market. Earlier this month it bought the 174000 sq ft Aurora Building in Glasgow for 72.6m in an off-market deal. The office was owned by CS EuroReal a Credit Suisse-owned fund. It also owns 1 West Regent Street a speculative office building in the centre of Glasgow which it has developed with Clearbell. All parties declined to comment. Cambridgestudentdigsapproved RoyalSelangorheadstoChelsea Hub Residential has won planning consent for a 202-bed student scheme in Cambridge. Last year the London-based developer submitted plans for the new student housing complex at 217 Newmarket Road which comprises more than 200 study bedrooms as well as communal facilities and cycle parking. Cambridge City Council has now approved the scheme for the site which has been home to motor vehicle business Wests Garage since the 1950s. Cambridge has one of the largest student populations in the UK nearly a quarter of its residents attend either Anglia Ruskin or Cambridge University. Savills predicts property prices would rise 23.3 over the next five years in the city. Luxury pewter specialist Royal Selangor is opening its first UK standalone shop on the Kings Road in Chelsea. The Malaysian company is to open a 1317 sq ft store in the summer at 261 Kings Road on the Sloane Stanley Estate. Royal Selangor has taken the shop on a 10-year lease and will pay an annual rent close to 77500. The UK flagship store will stock customised and designer homeware as well as ornaments and personalised gifts. Royal Selangors two complementary brands Selberan jewellery and the 350-year-old sterling silver brand Comyns will also be available in the store. Royal Selangor was established in Malaysia in 1885 and has stores around the world. Shackleton and Miles Commercial acted for Sloane Stanley. CBRE represented Royal Selangor. Full house at 10 Portman Square after Weston Homes signs up Home counties residential developer Weston Homes has taken the last office space in British Lands 10 Portman Square which means the building is now fully let. Weston Homes has taken a new lease for 1548 sq ft on the ground floor of the building where asking rents are around 90sq ft. The housebuilder will join a mix of occupiers in the building including Aspect Capital Aramco Arrowgrass Capital Ontario Teachers Pension Plan Ardagh Glass and Independent Franchise Partners. The seven-floor 113700 sq ft building north of Oxford Street was delivered as part of British Lands 2010 development programme which altogether comprised 2.7m sq ft of space including around 820000 sq ft in the West End. Our decision to develop the building has proved to be a good one as it meant we delivered exceptionally well- designed space at a prestigious address into a strong occupational market said James Danby head of office leasing at British Land. Knight Frank and JLL represented British Land. CBRE represented Weston Homes. For sale 1 Atlantic Quay is home to Scottish Power and the Big Lottery Fund Westons new home 10 Portman Sq NEWSUK propertyweek.com 170415 9 009_PROPWK170415_News page 9.indd 9 15042015 172842 ANALYSIS 32 080116 Is London still calling Last year saw frenetic investment activity in London and the South East but with more experts calling the top of the market is the capital set to lose its allure in 2016 Kathrin Hersel Development director Almacantar We expect office rental growth in core central London to be strong particularly where the demandsupply imbalance remains. With the increasing population global economic forecasts stabilising and employment levels improving we expect office occupational demand to persist but only for the right buildings in the right places. Delivery of new stock will be hampered by the inefficiency of the planning system and paucity of debt finance for development. For buyers asset selection will be more important than ever and west should prevail over east for capital growth potential. James Lass Fund manager Schroder UK Real Estate Fund Among the occupier market we would expect to see emerging London hubs such as Battersea Whitechapel Stratford and Croydon continue to grow in popularity and increasingly be considered as genuine viable alternatives to the traditional core London locations. Businesses are beginning to take note of the growing desire from employees to live and socialise close to where they work. Emerging destinations that have worked hard not only to provide quality flexible workspace but also a vibrant cultural and residential offer will prove more and more attractive to the occupier market as will areas that benefit from excellent existing or planned transport connectivity. propertyweek.com The big picture will property come out of hyperdrive Property faces myriad global and domestic threats not least on the political front but while that could point to a less than stellar year its no death star scenario say the experts Ciaran Bird UK MD CBRE The strong growth in investment volumes weve seen in the last few years is likely to flatten off with 2016 volumes expected to be similar to 2015. The mix of foreign investment will change and returns will remain positive through to 2020 if at a slightly lower level. On a sector-by-sector basis the outlook is positive. Strong employment growth will underpin office markets in 2016 with sustained investment rental growth and take-up in both London and regional markets. Thanks to a strong economy we think the industrial sector will outperform in 2016 with ecommerce a major driver as retailers look to take control of the final mile and lease smaller warehouses on the edge of urban areas. More broadly property will continue to be a bellwether for the UK economy and 2016 is set to be another year of strong returns for investors. The market is buoyant and will remain that way. Tony Horrell UK Ireland CEO Colliers The lower for longer interest rate environment in the UK will continue to favour real estate investment. Interest will remain strong from domestic institutions and global capital with further new international entrants expected. Pricing will remain firm although the media noise around Brexit may cause enough mid-year hesitation among buyers to reduce volumes from the 2015 high. However an unequivocal affirmation of EU membership may spawn a substantial relief rally in the last quarter of 2016. The shape of the cycle has evolved as investor strategies have. Increasingly international capital is seeking UK partners and expertise to achieve higher yields through asset management and value-add projects. The UK is also poised for an acceleration of development activity and this will be accompanied by a shift from equity-led to debt-driven demand. Alex Jeffrey CEO MG Real Estate Rental growth will be a major theme for 2016 emerging as the knight in shining armour to will change and returns will 2020 if at a slightly lower level. from the 2015 high. However an unequivocal affirmation of EU substantial relief rally in the international capital is seeking asset management and value-add hubs such as Battersea Whitechapel Stratford and Croydon continue to grow in popularity and increasingly be considered as genuine viable alternatives to the traditional core London locations. Whats in the stars for 2016 032_PROPWK080116_Predictions2016_all pages.indd 32 06012016 143221 MEDIA RELATIONS 9 Carlyle Consultants FEEDBACK Have your say Editor The governments move to delay the announcement to extend permitted development rights for office to residential Property Week Government delays office- to-resi plans p4 24.07.15 has clearly affected developers like us. The uncertainty means that some projects will be put on hold until there is clarification over the governments plans. We have recently completed the purchase of an office that we plan to convert to residential but that is only because we think that the work can be completed to a high standard by the May 2016 deadline. Whatever the governments decision is it must not slam the door shut. If there are changes in policy transitional arrangements should be made to enable developers to complete current projects. We therefore believe it reasonable to allow all prior approvals to have the same three-year period in which to complete as other planning consents irrespective of whether the developments fall within Article 4-designated areas. Buildings have been purchased in the knowledge that they could be converted into new homes without the need to go through the planning process. If developers are forced to rush through conversions it is likely to impact the quality of the scheme which will be of no benefit to anyone. People are crying out for top quality well-thought-out homes at a price that is affordable and that is what we at Weston Homes have always sought to deliver. Bob Weston chairman and chief executive Weston Homes Editor As the business environment improves many occupiers are taking the opportunity of MA consolidation activity or lease diary events to improve the quality of space and locations in which they occupy Intelligence p22 24.07.15. This activity needs to be looked at in the context of both the economy and the fact that many occupiers that had the opportunity to review their portfolio in 2008-12 placed their decisions on hold across their portfolios. As we approach five years on more occupiers are looking at the drivers that will influence their estate. We are also seeing occupiers shifting priorities in terms of space take with the competition for talent driving where occupiers locate and the type of space they need. We are now seeing clients expanding some business units and creating new business lines or initiatives as they continue to diversify. This is manifesting itself in the relocation of back-office functions to lower-cost locations while they continue to invest in higher-cost locations for their front-office environment. Your comment in relation to take-up needs however to be taken in the context of a period of relatively low demand but also a very low period of supply. Speculative development has been extremely low for a number of years due to the lack of debt funding. This has created an acute level of low supply which is driving rental growth as the available space is absorbed. From an occupier perspective this influences decision-making in so far as occupiers are either in heated competition for space accepting higher- cost real estate where they are geographically sensitive or certainly in larger urban areas considering newer developing locations within the city. James Maddock international director head of global occupier services EMEA DTZ Changeinofficetake-upasbusinesspicksup Giveusmoretimetofinishofficeconversions WINNER Eachweekthe writerofthestar letterwillreceivea bottleofTaittinger champagne courtesyofcourtesyofcourtesyof Posts and tweets Gov plans to give Sunday trading hours discretion to local councils could backfire on the High Sts as larger stores may get longer hours BillGrimsey In 2015 Q1 London accounted for 13 of property transactions but 47 of stamp duty revenue. ukhousing tax NobleFrancis 65 of landlords considering rent rises following budget ukhousing Dorian_Belvoir We know Affordable Rent isnt affordable to many so lets just scrap it A new model is needed. UKhousing FrankBainbridge Now Cameron and the Conservatives are also dealing with a migration crisis by copying Labour and turning landlords into border agents johnmknox Could big data signal the end of commercial property agents InterestinganalysisbyPropertyWeek dramsay1976 Send letters to Property Week Metropolis International 6th floor Davis House 2 Robert Street Croydon CR0 1QQ Email letters propertyweek.com Tweet us PropertyWeek Discuss at Linked.in PropertyWeek Like us at Facebook.com pwmagazine The Editor reserves the right to edit letters ANALYSISOpinion propertyweek.com 070815 25 025_PROPWK070815_Feedback.indd 25 05082015 155602 Anyone unlucky enough to find themselves in Croydon surrounded by dismal office blocks will appreciate the efforts of Martin Skinner right CEO of Inspired Asset Management whos making his mark transforming many of the boroughs unloved buildings into smart and affordable homes. A seasoned entrepreneur and property investor Skinner set up grew and sold his first technology business after leaving university with a degree in business computing. Today hes an innovative property developer heading up Inspired Asset Management IAM a company specialising in office-to-residential property development for first-time buyers with a portfolio of over 200m. Skinner explains his early forays into the property world I saw a gap in the market for young professionals like myself for whom the cost of housing was too expensive. I bought a three- bedroom house turned it into a six- bed and rented out rooms pretty soon friends and family wanted me to help them to do the same thing. Over time Skinner developed a substantial high-yield portfolio of houses rented out to young professionals around Canary Wharf. Nice Group a fast growing property development and management group soon followed as did two substantial joint ventures with large fund managers. After establishing portfolios of more than 150m yielding more than 10 gross Skinner and his partners sold 25 of their 30m operating business undoubtedly a smart move but he explains what really sparked his interest in developing the type of compact housing for which hes known I rented an 8m-square flat in the heart of Docklands. It was very affordable although I didnt want to pay anything in rent but it gave me a different perspective. I preferred to compromise on size not location and a lot of other young professionals feel the same way. They cant afford the extra space plus they dont want to clean it. Over 15 years Skinner built a large portfolio of 2500 tenants but like many business leaders hes experienced the lows as well as the highs. When the credit crunch hit Skinner is on record as admitting to making the eternal mistake of borrowing money to keep working on the JV properties on the promise that we would get paid next week. They werent and Skinner lost his home and almost lost his livelihood in the process. Crediting his family for supporting him with a bailout he managed to bounce back and rebuild the business. Today Skinner remains a passionate advocate of small businesses private investment and property development and Inspired has established a number of substantial JVs through which it is rolling out its unique high-tech high- spec and ultimately affordable private housing across the capital. They are all high quality with shared living showhouse November 2015 85 An inspired approach FINANCE SPECIAL GINETTA VEDRICKAS meets Martin Skinner the CEO of Inspired Asset Management using his property development expertise and office- to-resi opportunities to bring much-needed housing to the south-east Inspired Homes Impact House Croydon and above In association with Finance Inspired.qxp_Layout 1 01112015 1707 Page 1 86November 2015 showhouse FINANCE SPECIAL mainly in Croydon Epsom and Sutton with prices starting from around 265000 so buyers often need a deposit of just 25000. The price is much more feasible compared to most new build on the market he adds. Skinner says that his product is proving popular but raising finance for future projects is still hard Its tough. We use bridging finance and switch to development finance usually in around four months when weve got enough off-plan sales. I tend not to use traditional banks as theyre far too slow. I often use private equity. IAM has raised over 75m of capital with further projects in the pipeline including in Swindon and Impact House in Croydon. Skinner explains his business model We transform run- down real estate into high-quality high- yield housing with a rare combination of skills ideally suited to these uncertain times. Typically we bring investors on board on a fixed return basis between 10 and 25 per annum depending on risk profile and security provided and we occasionally JV with third-party developers A recent acquisition of 15-29 The Broadway in Crawley takes IAMs total of London and south-east properties for conversion to eight. The vacant three- storey former office building is in an area of opportunity and development under the Crawley Borough Council Local Development Framework and was bought for 2.8m. Working with London-based Twelve Architects subject to planning it will be redeveloped over the next 18 months at a cost of around 9.5m into a five- storey 60000ft residential building housing 78 studio one-bedroom and two-bedroom apartments. Its ground floor will remain as a large retail unit which can be divided into smaller units but will also accommodate a residents lobby and cycle store. All units have high-spec high-tech fixtures and fittings such as LED lighting NEST thermostats Bosch kitchen appliances granite worktops and 1GB hyperoptic broadband. All our developments feature cutting-edge technology explains Skinner but its always easy to use. Skinner believes his recent acquisition will appeal to first-time buyers and also investors. We have a strong track record in delivering returns for investors both large and small whether they are looking to invest in single apartments or in an entire development. Hes recently partnered with the rock star of the property world Raymond Bloomfield who was first to introduce German investors to the UK and who was also one of the first to spot Russias potential. Bloomfield too has experienced highs and lows over his lengthy career but is firmly back in the property saddle after meeting Skinner and forming their joint venture Inspired GSP. So far its working well says Skinner. We each have our own projects and have also done a few good projects together. Once theyve completed the sale of Impact House Skinner will be on the hunt for further investment. Well be looking for a JV partner or funding provider. Its all a bit frantic. Business may be frantic but at its core is Skinners belief that they are providing what the housing-starved capital desperately needs. Unlike most developers who think they are building what the customer wants we are more customer-centric. Micro housing is a growing city trend and its realistic. With the housing shortage it will take years to train people and produce labour and materials. This is one realistic way of producing more stock. Stock is desperately needed but Skinner believes that UK real estate remains an attractive asset class. Interest rates are staying low. Credit conditions have eased significantly since the economic meltdown. The UK real estate sector remains strong with house prices up 8.9 in the first seven months of 2015 and London continues to lead the way. However he does feel that the window of opportunity is closing as yields start to decline. Robust returns are still achievable. But now more than ever you need to know where to look. Thats where the experts come in. And Skinner doesnt believe that the government are experts when it comes to tackling the housing shortage. Speaking at RESI the UKs largest housing conference Skinner laid the blame for the housing shortage squarely at the feet of the government and in particular the dithering on extending office-to-resi permitted development rights PDR. Saying the delay had been driving everyone mental he warned that excessive regulation both holds back new supply and stifles innovation adding that the planning system was based on the assumption regulators know best but consumers know whats best for them. Like much of the industry Skinner describes himself as hugely relieved over changes to PDR Its a massive relief and fantastic news as we can now bring as many as 1500 affordable but luxury homes to the market over the next 18 months. Skinner feels that one way forward is to introduce student- style accommodation in cities where its needed most and hopes that the PDR announcement is the beginning of what he calls meaningful discussion to solve the housing supply crisis. Removing minimum space requirements for new builds and allowing developers to bring forward purpose-built graduate accommodation would go some way to getting young people on the housing ladder. sh Inspired Homes The Broadway Crawley Green Dragon House Sky Terrace and below In association with Finance Inspired.qxp_Layout 1 01112015 1707 Page 2 9112015 ShowHouseSeptember15 httpflickread.comeditionhtmlprint.htmledition55ed85905aea2page121end124moderange 14 NEWS propertyweek.com 161015 9 NEWS BY HELEN CRANE Developers could be set for a windfall after the government confirmed plans to make permitted development rights PDR for office-to-residential conversions permanent and extended the scope of the measure to allow the demolition of offices. The move contained in the governments Housing Bill this week will see the temporary PDR which was due to expire in May next year put on a permanent footing allowing developers to change the use of offices to residential without planning permission. The government also extended by three years the deadline for developers with office-to-resi PDR schemes currently under way to reach completion and said the new rights would permit the demolition of office buildings to make way for new homes. Michael Brough residential director at JLL said the measures could add millions to the value of buildings. The demolition of buildings as opposed to refurbishment will increase the value of these buildings dramatically he said. Refurbishing a commercial building into a residential building is currently like trying to push a square peg through a round hole. These buildings were never designed to be lived in and consequently the use of space is extremely inefficient. Bob Weston Weston Homes chairman and chief executive said allowing demolition was quite amazing. If we can replace an eyesore with something new and smart that will be a massive windfall for us he said. At the moment many PDR schemes have been purchased by investment money rather than professional housebuilders but if we can go and do the job properly Im sure a lot of this competition will back away and more housebuilders like us will move in. It can be cheaper to knock a building down and start again which I assume is why the government is allowing us to go down this route. Lenders who in recent months have backed away from office-to-resi schemes because any scheme started now was unlikely to be completed by the initial deadline welcomed the clarity on the policys future.We have funded a number of office-to-residential projects over the past two years and once we have studied the small print and are happy will fund many more in the future said Mark Posniak managing director of Dragonfly Property Finance. There needs to be innovation to solve the fundamental issue of housing supply and facilitating more office-to-residential projects is a step in the right direction. However Claire Kober London Councils executive member for infrastructure and regeneration warned the measures could lead to a planning free-for-all. She said the PDR prevented councils from insisting on affordable housing and the loss of office space resulted in lost jobs and lower economic viability. Under the new plans councils that are currently exempt from the PDR including Islington Camden and Westminster will have their exemption extended to 2019 at which point councils seeking an exemption will need to make an Article 4 direction. For more on the Housing Bill see Leader p29 and PropertyWeek.com Developers set for windfall from new office-to-resi PDR 9 Government says permanent permitted development rights will allow the demolition of offices for new homes IMAGEWORKS PDR potential Apollo House and Lunar House in Croydon Allegis Group takes space at Citys Broadgate Quarter US recruitment specialist Allegis Group has signed a deal to let space at Hines and HSBC Alternative Investments Broadgate Quarter in the City of London pictured. The firm one of the largest privately held staffing companies in the world will take 15088 sq ft on the ninth floor paying a rent of around 63.50sq ft on the space. It leaves around 30000 sq ft vacant across the eighth and 10th floors of the 425000 sq ft scheme which is in the process of being sold by the joint venture partners. A 455m deal with a Chinese buyer thought to be linked to billionaire Li Ka-shing collapsed last month and the sale process has since been relaunched. The building is let to law firm Ashurst UBS GFI and Shearman Sterling however Ashurst is due to vacate its 92500 sq ft of space after agreeing to relocate to London Fruit Wool Exchange when its lease expires in 2019. DTZ now Cushman Wakefield advised Allegis. Squarebrook and Cushman Wakefield are letting agents on the scheme. Skarstedt plays to the gallery in St Jamess RebrandforKnightsbridgeStudentHousing Oaktree Capital-backed Knightsbridge Student Housing is rebranding to become Threesixty Developments. The company formed in 2010 when Oaktree joined forces with former Victoria Hall chief executive Bob Crompton to develop a major student housing company is now seeking to expand its portfolio to 1.5bn. It has grown rapidly to become a significant developer and operator of student housing in the UK Spain and Ireland. Earlier this year it sold 12 student housing schemes in the UK known as the Westbourne Portfolio for a value of 540m to Goldman Sachs and Greystar. The group now aims to secure 48 schemes by the end of 2018 which would total more than 20000 rooms. Knightsbridge also wholly owns operating platform the Student Housing Company. Crompton chief executive of Threesixty Developments and the Student Housing Company said the rebrand marks a fresh chapter in our story. New York art gallery Skarstedt is expanding to a new London location in St Jamess. Skarstedt will take over the 6500 sq ft former Portland Gallery at 8 Bennet Street opposite the Ritz Hotel. It opened a gallery in London in2012at23OldBondStreetbut has now outgrown the space. It is believed to be paying a rent of close to 90sq ft in line with prime rents in the St Jamess area. The gallery was founded in 1994 by Per Skarstedt to mount historical exhibitions by contemporary European and American artists. It has showcased famous international artists such as George Condo and is currently running an exhibition called Childish Things to coincide with the Frieze Masters art fair this week. Pilcher Hershman and Michael Horwitz advised the gallery. The landlord was unrepresented. Kitewood wins consent for 40m Sydenham residential scheme 13 August 2015 By Hannah Brenton Kitewood has won planning consent from Bromley Council to create a 40m residential development on a former Salvation Army site in Sydenham south east London. The scheme at The Haven and Rookstone House designed by Dunnett Craven architects will comprise a gated development of 27 four and five bedroom houses ranging in price from 800000 to 1.5m. There will also be 19 apartments for shared ownership and social rent. The development is located a short walk from both Sydenham and Penge West Overground stations offering a 20 minute journey into London Bridge. The 3.5-acre site is being acquired from the Salvation Army with construction expected to commence towards the end of the year. 10 Carlyle Consultants Grainger plc 161 Brompton Road London SW3 1QP Tel 020 7795 4700 Development Team Richard Shaw E rshawgraingerplc.co.uk David Walters E dwaltersgraingerplc.co.uk John Beresford E jberesfordgraingerplc.co.uk Mark Woodrow E mwoodrowgraingerplc.co.uk Press Contact Dave Butler Director of Corporate Af E dbutlergraingerplc.c Contacts MARKETING 11 Carlyle Consultants Handover Document communicating luxury News Winter Edition 2013 Residential Review 2013 Russell Simpson Market Review Prole of purchasers SALES Russell Simpson have had a very successful year with an unprecedented percentage of properties achieving in excess of their asking prices. This can be largely attributed to an imbalance in levels of supply against burgeoning demand. Super Prime has suffered towards the latter part of this calendar year having had a promising start whilst the robust sub-3m market continues unabashedly to show great strength and considerable growth. A healthy measure of condence among purchasers must be approached with caution however as news in the realms of politics evokes prudence with ever-increasingly sophisticated buyers. Pricing a property correctly has never been more pertinent. That is to resist the often ineluctable temptation to take the best of property headlines whilst disregarding the more mundane and less excitable reports of a plateauing market. Competitive and realistically priced property has almost without exception sold in favourable time frames and for highly satisfactory prices. The positivity that we can report here is a consequence of a strong inuence from international buyers. It is vitally important that we do not kill the goose that lays the golden egg with cumbersome and clumsy taxes. LETTINGS Reviewing the lettings data for the past six months we have found that of the Landlords who have renewed with their current tenants during 2013 80 have achieved a rent increase in line with the Retail Price Index with the remaining 20 continuing at the same level of rent. Landlords who are re-letting their properties in 2013 however have often had to take signicant price reductions as tenants currently have a wide choice of properties to choose from in the prime central locations. The condition and presentation of the properties is having a far larger impact on prices achieved than it has in previous years with newly modernised properties still achieving premium rents. We expect this trend to continue well into 2014 and urge landlords to be extremely price sensitive and to present their property in the best possible condition. International 56.5 UK 43.5 Owner-occupier 45.1 Second home owner 31.8 Buy-to-let 13.4 Developer 9.7 Current sentiment towards Prime Central London is broadly speaking very positive with healthy volume of sales to report across all sectors of the market. We have seen some ground-breaking prices recorded but I remain cautious of the reports in the press of unbridled growth and condence - pricing your property correctly remains of paramount importance Alan Russell Director International UK Buyers UK vs. International Tenants UK vs. International 1 WHAT HOUSE AWARDS 2015 CATEGORY BEST HOUSE DEVELOPMENT BLUEBIRD GATE CHARLWOOD HORLEY SURREY RH6 0AJ COMPANY KITEWOOD Bluebird Gate CHARLWOOD HORLEY SURREY BG KWD01 brochure 22 pdf.indd 2-3 18112014 1842 Affairs co.uk We are currently involved in a number of major development projects that when complete will deliver up to 5000 residential homes with two million sq ft of commercial space including healthcare facilities schools and nurseries sports and recreational facilities and other community spaces. Grainger has the knowledge and the skills to maximise value through good design and thoughtful project management. Increasingly our focus is on residential-led mixed-use sites across the UK where we can work effectively with a wide range of partners including local authorities and communities joint venture partners and other relevant stakeholders. By sharing our knowledge and expertise with these partners we are capable of realising even the most challenging of opportunities and have a strong track record of providing long-term mixed tenure and cost effective solutions in areas requiring regeneration or a change in perception. As a division of the UKs largest listed residential landlord Grainger Development works closely with other parts of the business and has the skills experience funding and resources needed to guarantee the delivery of a quality product. By ensuring that the schemes we are involved with are not only well designed and highly desirable but also practical and sustainable in the longer term the development team adds real value to a project. With a portfolio consisting of strategic land and residential-led mixed-use projects with a total built-out value in excess of 700m. Graingers development division is an integral part of the overall Grainger business. Who We Are HornseyRoadApartmentsLondon 1 2 1. Pimlico Place Pimlico London 2. The Local Centre Kempshott Park Basingstoke Grainger Who We Are Grainger Our Schemes Wards Corner Haringey In 2004 the London Borough of Haringey and the New Deal for Communities NDC chose Grainger as the development partner for the Wards Corner scheme in Haringey London. A planning application for a new public square improved entrances to the station 197 new homes and a range of new retail units has now been submitted for the scheme. King Street Hammersmith Fulham In 2008 a joint venture between Grainger and Helical Bar plc was chosen as the development partner of London Borough of Hammersmith Fulham for the Kings Street regeneration project. The proposed development will provide approximately 290 new homes an 11000 sq m civic office building and 5200 sq m of retail cafes and restaurants. Curzon Park Birmingham Through its collaborative agreement with Development Securities Grainger acquired this 10-acre site in central Birmingham in 2006. The scheme will deliver up to 1.4 million sq ft of mixed-use accommodation comprising 800000 sq ft of offices 400000 sq ft of residential 20000 sq ft of retail a 180-bed hotel and 1500 car parking spaces. Gateshead College In 2005 Grainger won a competitive bid for Gateshead College and planning consent has now been granted for a 252-unit scheme. West Waterlooville Hampshire Grainger owns c500 acres of land adjacent to Waterlooville. The land is allocated for 1550 residential units 1 million sq ft of commercial space a local centre and a new school. With planning consent granted in 2007 Grainger is now the lead developer for the entire scheme and will directly deliver various elements as well as working in partnership with other developers and housebuilders on additional phases. Macaulay Road Clapham Having acquired the site in several stages Grainger received planning consent for this scheme 97 residential units and 30000 sq ft of offices in 2006. Newbury Berkshire Grainger was selected by West Berkshire Council and Network Rail in 2006 as the preferred developer for a mixed-use scheme comprising 330 residential units and 50000 sq ft retail adjacent to Newbury station. Zizkov Prague Through its joint venture agreement with the Discovery Group Grainger has acquired this 31 acre site close to Prague city centre forming part of the old Zizkov railway goods yard in the region of Prague 3. A planning application is being promoted for a new mixed use development the first planning phase consists of 483000 sq ft of retail 580000 sq ft of office accommodation leisure 245 residential units a hotel and 2100 car spaces. Our Schemes Grainger has a strong track record in working with private and public sector joint venture partners. We are involved in a number of genuine partnerships with local authorities and other stakeholders to deliver long-term complex regeneration opportunities with an emphasis on transparency and communication. The company was floated on the London Stock Exchange in 1983 and has since grown and complemented its core business of owning acquiring and trading regulated and market let tenanted properties to cover home reversion regeneration and mixed-use development. Our unique expertise gained from owning and managing property in local communities throughout the UK to create innovative and successful new projects and services from strongly- performing residential property funds to equity release schemes tailored to our individual customers needs. Grainger plc now has approximately 2.3bn of assets and 3bn of assets under management and is expanding its business throughout Germany. Our objective is to maintain and consolidate our position as the UKs leading listed residential landlord and integrated property company. This objective is underpinned by our group-wide ethical way of doing business that includes a commitment to integrity in all business relationships employee development tenant care corporate and environmental responsibility and community service. Grainger plc Strategic Land For almost a century Grainger has been creating successful places to live. Many of these have been developed from our Strategic Land holdings which we have built up with a view to their long term potential. Our willingness to take a perspective over many years sets us apart and underpins the way we work with landowners and successfully manage projects through the lengthy and technically challenging planning process. Established in Newcastle in 1912 to acquire and manage tenanted residential properties Grainger plc now owns over 14000 homes in the UK and more than 7000 in Germany and is the largest quoted residential property owner in Britain. Grainger Grainger plc 1 2 1. Zizkov Prague 2. Macaulay Road Clapham AerialviewofWaterlooville In Spring 2013 we were asked by Paul Vallone to look again at a Club for Berkeley customers and potential purchasers. By October 2013 we had achieved expressions of interest from 10 companies and we had conducted a survey to establish if the purchasers would be interested in a club. Phase 1 involved the creation of the website and initial meetings with the brands. The response was overwhelmingly positive and we kept to the brand message by selecting the very best of the British brands. Over the past eighteen months we have worked with Berkeley Group to build the Berkeley Club to a level where we have achieved the objective and created an alliance where brands and Berkeley Group can benefit from share alliances. Berkeley Group is known for innovation and has a reputation within the industry of creating unique opportunities. The Berkeley Club was the first time that brand alliances had been arranged with premium brands on a cohesive and a strategic level. We are delighted and proud of our involvement with this project and we are sure that this will be of benefit to the brands and the Berkeley Group. The brand partners are listed on the following pages. Executive Summary by Tricia Topping Events Own Brand Events Events organised by the Brand Partner where Berkeley clients and team are invited to join. These could be Store opening Launch of a new product Speaker event Guided tour Knowledge tour At these events there are minimal costs to the Berkeley Club. Berkeley Club Events Events organised by a division of the Berkeley Group and where Berkeley are the host. These could be Showhouse and apartment launches Launch of new developments or phases The organising division of Berkeley Group will meet the costs of the events. Joint Events Events that are joint collaborations between the Berkeley Club and Brand Partner. These events are arranged solely for Berkeley Club clients and will not involve clients of the Brands. These could be Showroom events such as Private Walk Through of the Editions Sales at Phillips Exclusive Shopping evenings with Aspinal or Anya Hindmarch or Oyster and Pearl event with Coleman Douglas Pearls. These could be joint cost or met by the Berkeley Club. Asprey has developed over generations into the finest British jeweller and luxury goods house and become a name synonymous with refinement and luxury. As ever each Asprey product is made with the most exacting craftsmanship using only the finest materials. This grand tradition of offering the best craftsmanship quality and design continues today at the Asprey workshops and around the globe as timeless treasures are created for the exclusive Asprey clientele. Joined in June 2014 Key Contacts Ciara Hurley-Stewart ciara.hurleystewartasprey.com 020 7758 8861 Berkeley Club Events The Last Hoorah Asprey displayed their products in the show apartment of Chelsea Bridge Wharf as part of the last chance to buy event with BH Central and St Edward. Own Brand Events Bovet Watch Preview Private event with Bovet to showcase and present 15 of their highly collectable timepieces. Coloured Diamond Teas Private talk to BC members on Coloured Diamonds over afternoon tea. Hosted by Aspreys Coloured diamond specialist Philip Baldwin. Asprey and Rolex Private Preview To celebrate the launch of the Rolex Basel Collection 2015 at Asprey they offered the BC 10 invitations to attend the private tea and preview. AW15 Private Preview Asprey offered the BC 6 invitations to attend the private preview of their Autumn Winter 2015 Collection. This event was oversubscribed and 9 BC members in total attended. Aston Martin - an iconic marque of unrivalled heritage has entered a second century. With fresh investment a new Chief Executive Officer and the strongest model line-up in the companys history we now look to an exciting future. The very essence of Aston Martin is something you feel each time you look at one of our cars. It sweeps over you on every unforgettable drive. Powerful exhilarating and precise yet timelessly elegant and sophisticated our cars blend iconic design exceptional engineering and unrivalled craftsmanship to create an unforgettable emotional experience. Each car is the essence of Power Beauty and Soul. Joined in June 2014 Key Contacts Neil Slade neil.sladeastonmartin.com Own Brand Events Aston Martin VIP Event To launch Aston Martins V12 car they held a launch event with Boodles Alexander James and Bang Olufsen for 30 guests of the Berkeley Club. 12 Carlyle Consultants We manage the PR communications and business affairs of the Italian cook restaurateur andTV personality Commendatore Antonio Carluccio OBE OMRI. Our wealth of knowledge in the food industry includes book promotions restaurant openings brand partnerships product launches and media opportunities including television. Our experience also covers website and social media management we have experience in producing short videos and have worked with Jamie Olivers FoodTube. C M Y DAILY MAIL WEEKEND IS PUBLISHED BY ASSOCIATED NEWSPAPERS LTLTL D. PRINTED BY THE POLESTAR GROUP. REGISTERED AS A NEWSPAPER AT THE POST OFFICE. ASSOCIATED NEWSPAPERS LIMITED 2014. Thebiggestregretyouwishyoucould amend That I no longer have any communication with my ex-wife Pris- cilla and her children. They were such a happy part of my life for so long but something has happened and I cannot explain what. Thetemptationyouwishyou couldresist Asking so many questions about everything. The priority activity if you were the Invisible Manforaday Id follow a traffic warden around and cause chaos as he gives out tickets. Thepethatethatmakesyourhackles rise... Ignorant people. The person who has influenced you most My mother Maria. She was always ready to defend her six chil- dren and mother taught me a lot about cooking. She died 20 years ago and there are only three of us children left. The book that holds an everlasting resonance Philip Pullmans His Dark Materials trilogy. I love the fan- tasy and losing myself in the stories. The piece of wisdom you would pass ontoachildThink big and if things dont go as you plan just try again. The philosophy that underpins your life MOF MOF Minimum of Fuss Maximum of Flavour. The unlikely interest that engagesyourcuriosity... Whittling wood to make walking sticks. I started when I was a boy and I now have about 300. Im even a member of the Brit- ish Stickmakers Guild. I find it relaxing. Thetreasureditemyou lost and wish you could have again A bronze statue of a girl holding lilies. She was stolen during a house move about 40 years ago and I miss her. The unending quest that drives you on I wish I could cook Chinese food but even though my friend Ken Hom has taught me a bit I still cant do it. Themisapprehensionaboutyourself you wish you could erase That Im grumpy. My face is not entirely sympa- thetic and some people think I look like a Mafioso But Im jolly and gentle. The event that altered the course of yourlifeandcharacter The death of my little brother Enrico when he was 13 and I was 23. He drowned in a lake. I dont think Ive ever got over it. It made me question the Catholic Church and the existence of God. Thecrimeyouwouldcommitknowing you could get away with it Id steal the secret treasures from the Vatican then give the proceeds to the poor. The poem that touches your soul I Love You So Much by the German Joachim Ringelnatz. I lived in Vienna in my 20s and a girl called Inge was my first true love. It reminds me of her. The song that means most to you I Would Like To Kiss You an old Neapolitan song recorded by Pavarotti and others. I remember my father Giovanni singing it to my mother. Thewayyouwouldspendyourfantasy 24hourswithnotravelrestrictions... My day would begin in my garden lis- tening to the birds. Id have porridge coffee and fruit from my trees. Id meet my girlfriend Sabine and go to the Amazon rainforest to meet a tribe that is lost to civilisation. Later Id go for a walk in wood lands in Hampshire to pick mushrooms. Sabine and I would spend the afternoon in the Caribbean. Id go snorkel- ling to look at turtles. Lunch would be salad with fresh fish and tomatoes dipped in the We ask a celebrity a set of devilishly probing questions and only accept THE definitive answer. This week its TV chef Antonio Carluccios turn PS... Everyone assumes Im grumpy. My face isnt entirely sympathetic and some people think I look like a Mafioso Sherlocks Martin Freeman returns to the stage in Richard III at Londons Trafalgar Studios. If you havent seen it before catch the reissued Beatles comedy A Hard Days Night in cinemas from Friday. And David Grays new album Mutineers is out Monday NEXTNEXTNEX WEEKTWEEKT Sixpagesofsensationalsalads tokickoffourbrilliantsummer series KatieDerhaminvites usbackstageattheProms MontyDononhowtobeat theaphidinvasion PLUS BritainsbestTVlistings PHOTO DEFINITE ARTICLE salty sea water. After lunch Id relax in a hammock with a Havana cigar then have a nap. Then Id go to a fishing vil- lage by the Black Sea and eat a kilo of Beluga caviar. Sabine and I would watch the sun go down on safari in Africa then arrive at a tranquil lake in Kerala India for a spicy dinner. Id end the day with a malt whisky. Thehappiestmomentyouwillcherish forever The day in 2009 when I awoke from depression. Id tried to kill myself Antonio stabbed himself in 2008 but after going into The Pri- ory hospital I slowly got better. The saddest time that shook your world Enricos death. That awful moment I saw him in the mortuary is an image that will never leave my mind. Theunfulfilledambitionthatcontin- uestohauntyou To organise all the photos from my life. Theyre all over the place in boxes and drawers. Theorderofserviceatyourfuneral I want my body laid on a bed of sliced truffles then carried into the cremato- rium by six beautiful women. I then want a party in the foothills of Mont Blanc in Italy where my ashes will be put into a firework which will explode and scatter me across the countryside. Thewayyouwanttoberemembered As a jolly fellow who was good to peo- ple and enjoyed simple things. ThePlug Antonios new book Pasta is published by Quadrille priced 20. Visit www.antonio-carluccio.com. As told to Rob McGibboncoffee and fruit from my trees. Id meet my girlfriend Sabine and go to the Amazon rainforest to meet a tribe that is lost to civilisation. Later Id go for a walk in wood- lands in Hampshire to pick mushrooms. Sabine and I would spend the afternoon in - ling to look at turtles. Lunch would be salad with fresh fish HOTOGRAPHSCAMERAPRESSHANLEEDEBOERALAMYREXX As told to Rob McGibbon Peter Ustinov in Quo Vadis. Above rightmushrooms. Far right A turtle Theprizedpossessionyouvalueabove all others My home in south-west London. I moved in eight years ago and I call it Il Castelluccio The Little Cas- tle. My garden is full of fruit. I have prunes pears quinces and plums. The film you can watch time and time again Il Postino The Postman is the most beautiful and touching film. It takes me back to happy times in my childhood in northern Italy when my father was a railway stationmaster. Thefigurefromhistoryforwhomyoud mostliketobuyapieandapint The great actor Peter Ustinov. I met him briefly at a party in the 90s and he was such an interesting intelligent man with a great sense of humour. Id love to go back to the 50s when he was playing Nero in Quo Vadis released in 1951. I loved him in that film. weekend78 National HOME 2 Designed by a pupil of Sir Charles Barry architect of the Palace of Westminster the grade II listed Wyfold Court has a dramatic gothic-inspired silhouette. Inside the 1870s mansion in Kingwood near Henley-on-Thames Oxfordshire this three-bedroom flat has had a total makeover showcasing its 20ft-high ceilings. The new owner gets to enjoy 170 acres of shared parkland though there is a monthly 730 service charge. The antiques and Ralph Lauren furniture are for sale by separate negotiation. 0118 984 5757 struttandparker.com water after eating because it caused cramps but thats exactly what Enrico did. My father was the first on the scene and gave him the kiss of life for two hours but it was no good. Ill never forget the sight of my 13-year- old brother lying on the marble in the morgue. The day after he died I bought a kilo of anchovies and made a green sauce with parsley. That was the start of me using cooking to relieve sadness. A year later I moved to Vienna where my girlfriend lived. It was a double loss for my parents but I had to escape the grief engulfing our family. It was there that I learnt to cook and became a wine merchant. I never returned home. I arrived in London in 1975. Initially I lived in Cheyne Walk in Chelsea then in The Boltons before returning to Chelsea this time to Harley Gardens. After I met and married Priscilla Conran sister of Sir Terence we moved to a top-floor flat in Hanover Place next to the Royal Opera House in Covent Garden where we could hear the singers warming up. Later we bought a large house in Landridge Road in Fulham where I dedicated myself to gardening. I returned to the family home in Borgofranco for a BBC programme but the station had closed and the flat was deserted. I often think about those times and old photographs bring the memories flooding back. In all these pictures I am slightly apart from my siblings I think that marked the beginning of my nonconformity. Interview by Angela Wintle Antonio Carluccio is promoting Daiichi Sankyo Europes health campaign for the over-60s Make Your Heart Feel Good afa-international.org My earliest childhood memories are of our flat above the railway station at Castelnuovo Belbo in northern Italy where Papa was the stationmaster. Our living area took up the whole of the upper floor and there were six rooms as well as a huge terrace. When the last train was due to arrive before lunch Mamma would send me downstairs to act as lookout once Id given the alert she would start cooking fresh pasta dishing it up just before Papa sat down. We lived very well because Papa was clever. He never moved to areas where he would be a small fish in a big town instead he stayed in small towns where he was treated with as much respect as the local doctor. When I was eight we moved further north to a village called Borgofranco in the Aosta Valley in Piedmont. Once again we lived in a flat above the station although now our living area was smaller and it felt cramped with six brothers. I shared a bedroom with my older brother Carlo space came at such a premium that we migrated to the loo using it as a private room. The kitchen was the heart of the home. Mamma was a great cook and I watched everything she did mentally storing it up. I enjoyed foraging for treasures for her wonderful dishes and compiled a map charting the best local fruit producers pears in one corner peaches and grapes in another. After school Id call on each farmer in turn buying a couple of kilos of their finest produce. I loved living along the railway line but these were troubled times. In 1944 we were caught between fascist and partisan soldiers Mamma would cook for the Wehrmacht for lunch and the Resistance for dinner. I became a mascot for both and they gave me chocolate. One day the partisans decreed that anyone with two pigs had to hand one over so Papa had one of our two animals secretly killed in the station waiting room its blood drained for black pudding. The terrible squealing still haunts me though the salami was delicious. When I was 23 our contented lives changed when Enrico my youngest brother drowned in a lake. We had always been warned never to go into the TIME AND PLACE HOUSES OF CONTENTS CoverAdrianSherratt.ThispageFacundoArrizabalagaRexShutterstock The chef Antonio Carluccio 78 recalls growing up in northern Italy. Inset top right at his childhood home Mamma would cook for the Wehrmacht for lunch and the Resistance for dinner. I became a mascot for both and they gave me chocolate A short stroll from the designer emporiums of Sloane Square London SW1 this two-bedroom lateral flat overlooks the famous gardens of Eaton Square. Recently refurbished in the style of a contemporary gentlemens club more Shoreditch House than stuffy Belgravia it has a retro wood-panelled bathroom and a huge reception. The building has porterage but the service charge is more than 2000 a quarter. 020 7581 2216 maskells.co.uk 4m JOIN THE CLUB CORRIDORS OF POWER COVER Old faithfuls Jilly Coopers garden of remembrance for pets 56 Social values How the housing market is linked to class 6 Wet and wild The Scottish island restored by Vanessa Branson yours for 8000 a week 8 Meet the guinea pigs The families testing out low-carbon houses 10 Something in the mortar The rise of the artisanal brick wall 16 Protected status What will expanded national parks mean for properties on the fringes 20 Numbers game Look beyond prices transaction volumes are key to spotting areas on the up 25 Move over Berlusconi As Silvio puts his Sardinian villa on sale for 500m British buyers are looking for more tasteful bargains 38 PLUS On the Home Front 4 When moving goes wrong 12 Home security 22 City Focus Bradford 28 Christmas gifts 47 The Edit 51 Interiors 52 Beyond the Brochure 58 Antonio Carluccio extract. wicked. PHOTOGRAPHYMARKROPERSTYLINGDAVIDMORGAN 100delicious. tiramisu Tiramisu is such a classic and for good reason the creamy mascarpone matches the kick of coffee and booze so well. Neil Perry We asked top chefs from around the world to share their favourite Italian desserts. The results are in and theyre nothing short of bellissimo from molten choc-hazelnut fondants to boozy tiramisu. dolceLA VITA 104delicious. delicious.105 NIGELLA LAWSON The UKs domestic goddess is as famous for her books and TV series as she is for her alabaster complexion and midnight snacking sessions in her London kitchen. Nigellas cooking style is feel-good and fuss-free epitomised by this easy yet decadent amaretto semifreddo from her Italian-inspired cookbook Nigellissima Random House 39.99. double amaretto semifreddo with golden gleaming sauce Serves 4-6 50g amaretti biscuits 1 cup 250ml thickened cream 1 eggwhite 112 tbs icing sugar 214 tbs amaretto liqueur see Shopping list p 102 Golden gleaming sauce 50g apricot jam 12 cup 60ml amaretto liqueur see Shopping list p 102 Grease a 3 cup 750ml terrine or loaf pan and line with plastic wrap leaving plenty overhanging the sides. Place amaretti biscuits in a zip-lock bag and bash them with a rolling pin until you have a mixture of coarse and ne crumbs. Place the cream and eggwhite in a bowl and whisk until soft peaks form. Whisk in the icing sugar and amaretto liqueur then fold in the amaretti biscuit crumbs. Pour mixture into the prepared pan and smooth the top with the back of a spoon. Cover with excess plastic wrap and freeze for 6 hours or overnight until rm. To make the sauce place the jam and liqueur in a saucepan over medium heat whisking to combine. Simmer for 1 minute then remove from the heat and cool slightly before pouring into a jug. To serve turn the semifreddo out onto a serving plate cut into slices and drizzle over the golden gleaming sauce. MARIO BATALI Famous for his ponytail and orange Crocs the US chef is a respected source on the history of Italian cuisine. He counts 25 restaurants NYCs mega food emporium Eataly which also has branches in Chicago Rome and across Asia numerous TV series and now a tenth cookbook to his empire America Farm to Table Hachette Australia 55 available October celebrates American farmers with recipes using local produce such as this strawberry dessert. strawberry mascarpone olive oil cake Serves 8-10 4 cups about 750g strawberries hulled 2 tbs agave nectar see Shopping List p 102 or maple syrup Finely grated zest and juice of 1 lime 2 cups 300g plain our 2 tsp baking powder 12 cup 125ml extra virgin olive oil 14 cup 60ml milk 1 tbs vanilla-bean extract 6 large eggs separated 112 cups 330g caster sugar Vanilla icing 1 tbs vanilla-bean extract 13 cup 75g caster sugar 112 375ml cups thickened cream Mascarpone lling 12 cup 125ml thickened cream 1 cup 250g mascarpone 1 tsp Grand Marnier or other orange-avoured liqeur For the macerated strawberries combine the strawberries agave and lime zest and juice in a bowl and toss to coat. Set aside for 20 minutes then drain strawberries reserving juice. Set aside. Preheat the oven to 175C. Grease and line the bases and sides of two 20cm cake pans with baking paper. Sift the our and baking powder into a bowl with 1 tsp salt. Combine the olive oil milk vanilla egg yolks and 114 cups 275g sugar in a bowl. Use electric beaters to beat for 5-7 minutes until pale and doubled in volume. Add the dry ingredients and use a wooden spoon to beat until smooth. In a separate bowl beat the eggwhites using electric beaters to medium peaks. GENNAROCONTALDOPORTRAITPHOTOGRAPHYSIMONBURTPHOTOGRAPHYNIGELLALAWSONPORTRAITPHOTOGRAPHYMARKROPER Nigella Lawson double amaretto semifreddo with golden gleaming sauce I know some Italians consider amaretto liqueur to be too frightfully dclass for words but surely thats part of its charm budino al cioccolato e amaretto chocolate amaretto pudding This pudding is the perfect pick-me-up. The kick from the liqueur the crunch from the amaretti and the sweet vanilla will make you buzz. Gennaro Contaldo wicked. LIFESTYLE FOOD 13 Carlyle Consultants We have been very successful in achieving extensive media coverage internationally including in Australia Europe and the Middle East.We are also well-versed in arranging international events and tours. In 2014 we arranged an extensive tour of South Africa and tours to Europe which included a trip to Bologna in Italy as part of his role as Brand Ambassador for Cirio. We also arranged a six-week tour of Australia and New Zealand where Antonio demonstrated his cooking skills at the Gourmet Escape Food Festival hosted a number of restaurant events openings and book signings as well as filming a new six-partTV seriesAntonio Carluccios Six Seasons. World-renowned chef createsWorld-renowned chef creates real Aussie food with an Italian twist Carluccios INTERNATIONAL 14 Carlyle Consultants The Berkeley Club In 2013 we were given the opportunity to help Berkeley Group to become the first British developer to collaborate with the best of British Luxury brands on a strategic level by creatingThe Berkeley Club a unique property and lifestyle club for customers. The Berkeley Club offers exceptional access to carefully selected luxury British brands all sharing the same commitment to design excellence and customer service. We managed the running of the club from brand introductions organising events including development launches themed Berkeley Club events and luxury brand events.We also managed related features and articles on the Berkeley Clubs website. ThroughThe Berkeley Club we have created an alliance where luxury brands and Berkeley Group mutually benefit from their customers shared interests and have successfully positioned the Berkeley Group brand within the luxury space. THANK YOU Overthelast25yearsTheBerkeleyGrouphasbuiltareputationforcreatinghomesthatsurpassexpectationsintermsofdesignqualityof constructionandtheirvisionforsustainabledevelopment.AcrossLondontheirdevelopmentsencompassnewhomescontemporaryurban apartmentsrefurbishedhistoricalbuildingstraditionalfamilyhomesandinnovativemixeduseschemesallguaranteedtoexpressthe essentialBerkeleyvalues. MadeupoffiveautonomouscompaniesStGeorgeStJamesBerkeleyStEdwardandStWilliamtheBerkeleyGroupisalisted companyintheFTSE100. 15 Carlyle Consultants Our blog recognises the growing importance of the internet and bloggers in the promotion of luxury goods and services. Our strap line is The Business of Luxury.The blog aims to shine a spotlight on trends and the people who work to create wonderful objects in property the creative arts fashion and lifestyle which are admired and desired.We regularly interview leaders in the world of luxury and review special events exhibitions and books. LUXURY TOPPING 16 Carlyle Consultants The Bond Street Festival In October 2015 we co-organised with the FT an eventThe Bond Street Festival for St George to promote its One Blackfriars development at Ralph Laurens flagship store on New Bond Street in Mayfair. Celebrating 30 years of the FTWeekend and with a talk on classic car investment from the FTs Simon de Burton motor maestro at How to Spend it and PeterWallman car specialist at RM Sothebys the event was used to reach out to HNW clients by bringing together lovers of classic cars fashion and property. 220 guests attended the event. London First Chairmans Breakfast On behalf of housebuilder Weston Homes who were the host we organised the London First Chairmans Breakfast at Westons office in Portman Square in January 2016. Members of London First a business organisation that seeks to make London the best city in the world to do business were invited to the breakfast to take part in a roundtable discussion on what they believed to be the main issues and concerns for doing business in the Capital. EVENTS Carlyle Consultants1717 Infrastructure of connections TriciaTopping has been working in the industry for over 20 years and her infrastructure of connections is second to none. Industry knowledge We understand property and business and are able to add value for our clients by aligning PR and comms with their strategic objectives. Clever PR We believe in clever PR quality over quantity.We wont get your name in the press for the sake of our coverage reporting we will assess every opportunity on its merits to make sure that it actually benefits you and is cost time effective. We know luxury With a successful industry blog Luxury Topping Carlyle Consultants are in the business of luxury representing clients ranging from property developers and interior designers to jewellery makers and food brands. We know property We have close ties with the British Property Federation London First the Pall Mall Property Club and Movers Shakers. Our founderTriciaTopping is also a judge for the International Property Awards and WhatHouse Awards.Whether youre after corporate or consumer PR we know our way around the industry and will be able to offer you expert advice. WHY CARLYLE CONSULTANTS 18 Carlyle Consultants Tricia Topping Chief Executive M 07860 835745 T 020 7352 7073 Tricia has over two decades of property business and marketing experience across both the residential and commercial sectors as well as international. She founded Carlyle Consultants in June 2013. Her love of jewellery art fashion and interior design and property inspiredTricia to create LuxuryTopping a blog which focuses onthe business of luxury and shines the spotlight on the trends and people working in the world of Luxury.Tricia is well-connected within the property sector and is a member of the British Property Federation Pall Mall Property Club Movers Shakers and the Institute of Directors.Tricia is also a Fellow of the Royal Society of Arts and a judge for the International Property Awards and theWhatHouse Awards. Tricia was formally Chief Executive atTTA Group now Good Relations Property a leading property PR company which she founded scaled and sold to Chime Communications plc. Alexei Ghavami Head of Property Communications M 07957 7770865 T 020 7352 7073 Alexei is Head of Property Communications at Carlyle Consultants where he specialises in PRstakeholder engagement and content writing for companies in the property sector.Alexei is experienced in working with commercial developers housebuildersand companies providing professional services including architects contractors and property consultancies. With an MSc in Property Development and PlanningAlexei has an excellent understanding of the property sector and his clientscommercial requirements.He previously worked in business development within the law firm Mishcon de Reyas Real Estate department.He has also worked as a freelance PR and marketing consultant and learnt his trade at a number of Londons leading PR agencies includingTTA Group now Good Relations Propertya Chime Communications plc company. Georgina Turpin Account Manager M 07502 223814 T 020 7352 7073 Georgie is Account Manager at Carlyle Consultants and LuxuryTopping where she works for a range of luxury and property clients and an internationally renowned chef. She was previously Sales Marketing Coordinator at a Luxury Gentlemans Outfitters before moving on to pursue a career in PR.At Carlyle Consultants her role includes managing social and digital media writing press releases and briefings organising events and overseas media trips. Nicola Gee Head of Marketing M 07768 476823 T 020 7352 7073 Nicola has 20 years of commercial design experience that she has now successfully brought together to form her own design business working alongside Carlyle Consultants. After graduating from Bath University she has worked successfully at Creative Director level and is working with many high profile clients in the property construction and financial sectors. From start-ups to major nationals these include Associate British Ports Keltbray JLL Lee Baron SmartStream andThe Food Market. TEAM 19 Carlyle Consultants19 communicating luxury If you would like to learn more about our services please get in touch. Email triciacarlyle-consultants.com Office 020 7352 7073 Mobile 07860 835745 www.carlyle-consultants.com linkedIn.comcompanyluxury-topping instagram.comluxurytopping twitter.comLuxuryTopping facebook.comLuxuryTopping communicating luxury