{"id":31334,"date":"2016-10-23T20:40:56","date_gmt":"2016-10-23T13:40:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=31334"},"modified":"2016-10-23T18:53:53","modified_gmt":"2016-10-23T11:53:53","slug":"west-londons-television-centre-a-place-to-live-in-not-just-an-investment","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/west-londons-television-centre-a-place-to-live-in-not-just-an-investment\/","title":{"rendered":"West London's Television Centre a place to live in, not just an investment"},"content":{"rendered":"


\nLONDON \/\/ Studio lights used to blaze around the clock at Television Centre in West London, where some of the best-known BBC programmes were made. And even though the building is being transformed into flats and offices, the developer, Stanhope, wants a “lights-on policy” to remain in place. Stanhope, backed by the Japanese property company Mitsui Fudosan, bought the much-loved, 14-acre TV centre site for \u00c2\u00a3200 million in 2012 (then about Dh1.17bn).It plans to build new blocks, with the entire project to comprise 950 residential units. Prices range from \u00c2\u00a3500,000 for a studio to as much as \u00c2\u00a37m for a top-spec penthouse, while there will also be “affordable” home options for eligible buyers. Amid a growing backlash against the number of London properties being bought up by foreign investors and left largely unoccupied, Stanhope says it is making efforts to ensure that Television Centre is lived in – as buzzing as it used to be. Alistair Shaw, the managing director of the Television Centre redevelopment, said “block sales” of units at the development had been banned to boost occupancy. “We’re keen to have a lights-on policy,” he said in an interview in a show apartment bordering the development. “We’ve always wanted to get people to live here.” This is an emotive topic in the UK. It emerged last month that the mayor of London plans to launch an inquiry into the surge in homes being bought by overseas investors, amid concern over property prices and the number of units left unoccupied. That is not a problem that Mr Shaw expects at Television Centre. Stanhope exhibited at the recent Cityscape Global property show in Dubai, where it looked to promote Television Centre to Middle East investors – as a place for people to live. “We’re doing no block sales to anybody. If you do block [sales], which others do, you lose control a bit of who’s going to live there, their rationale for living there,” he said. “Our message in the Middle East will be, ‘come and live here, use it to live and enjoy it’. We do have rental investors here and that’s fine because [units will still] be occupied. But occupation is what we are looking for. Because that’s the buzz of the place – the people make the place. So we have to invite Middle Eastern buyers to come and live here, or get others to live here.” Another reason that the developer is not doing bulk sales of units in the development is the way it was financed, Mr Shaw said. “We were in a very fortunate position, in that the way Mitsui Fudosan has financed this project, there was no banking requirements to do pre-sales. So it gives us more time to make our case for occupation.”business@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…West London’s Television Centre a place to live in, not just an investment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

LONDON \/\/ Studio lights used to blaze around the clock at Television Centre in West...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-31334","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-89o","jetpack-related-posts":[{"id":23925,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-bbc-television-centre-to-be-pitched-to-dubai-property-buyers\/","url_meta":{"origin":31334,"position":0},"title":"London's BBC Television Centre to be pitched to Dubai property buyers","date":"August 25, 2016","format":false,"excerpt":"\r The building where classic television shows Top of The Pops, Dad's Army, Blue Peter and Fawlty Towers were recorded is being converted into flats and marketed in Dubai next month.BBC Television Centre at Wood Lane, White City, W12 7RJ - an address which still comes tripping off the tongue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-television-centre-to-be-pitched-to-dubai-property-buyers\/","url_meta":{"origin":31334,"position":1},"title":"London's Television Centre to be pitched to Dubai property buyers","date":"August 25, 2016","format":false,"excerpt":"\r The building where classic television shows Top of The Pops, Dad's Army, Blue Peter and Fawlty Towers were recorded is being converted into flats and marketed in Dubai next month.BBC Television Centre at Wood Lane, White City, W12 7RJ - an address which still comes tripping off the tongue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25085,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-developers-at-cityscape-hope-lower-pound-will-restore-interest-after-brexit-vote\/","url_meta":{"origin":31334,"position":2},"title":"UK developers at Cityscape hope lower pound will restore interest after Brexit vote","date":"September 5, 2016","format":false,"excerpt":"\r British property developers will be hoping the weak pound will attract investment into the sector as the Cityscape Global exhibition gets under way.More than a dozen property brokers and developers from the UK have taken space at the Dubai property show this year, including new entrants Stanhope, which is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102722,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-style-in-a-little-space\/","url_meta":{"origin":31334,"position":3},"title":"Big style in a little space","date":"January 5, 2019","format":false,"excerpt":"\r A small flat in the redeveloped BBC TV Centre has been cleverly furnished to maximise spaceBehind the sweeping curves of the restored 1950s, grade-II-listed former BBC Television Centre Helios building in west London, Sophie Ashby and Charlie Casely-Hayford\u2019s compact one-bedroom flat is a trove of unexpected delights. This is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24871,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-movie-studio-in-the-frame-at-londons-largest-regeneration-project\/","url_meta":{"origin":31334,"position":4},"title":"New movie studio in the frame at London's largest regeneration project","date":"September 4, 2016","format":false,"excerpt":"\r The biggest single regeneration project in London, which features a major new film studio, is on show at Dubai's Cityscape Global this week.The \u00a38.4 billion (Dh41.01bn) Greenwich Peninsula and its latest residential development Upper Riverside consists of prime waterfront real estate surrounded on three sides by the River Thames.Greenwich\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24875,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-movie-studio-in-the-frame-at-londons-largest-regeneration-project-2\/","url_meta":{"origin":31334,"position":5},"title":"New movie studio in the frame at London's largest regeneration project","date":"September 4, 2016","format":false,"excerpt":"\r The biggest single regeneration project in London, which features a major new film studio, is on show at Dubai's Cityscape Global this week.The \u00c2\u00a38.4 billion (Dh41.01bn) Greenwich Peninsula and its latest residential development Upper Riverside consists of prime waterfront real estate surrounded on three sides by the River Thames.Greenwich\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/31334"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=31334"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/31334\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=31334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=31334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=31334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}