Earl's Court , you say? 🤔
TfL’s day job is running the capital’s bus and underground network, but it has held on to its land, and 22 years after its creation it remains the third biggest landowner in the capital, after the emirate of Qatar and the mayor of London ..
theguardian.com/uk-news/2022/a…
Over the next decade, Graem Craig has drawn up plans to build more than 20,000 homes, with 1,650 already under construction.. The largest development is Earl’s Court, where construction is expected to start in 2025 and take 15 years..
The vision of the Earls Court Development Company, set up by TfL and Delancey, is “to bring the wonder back” to a once iconic music and events venue. But it is a vision that has been delayed and revised, and details are scarce at this stage.. 🤔
The developers went back to the drawing board, and Delancey replaced TfL’s original partner Capital & Counties Properties, after protests over plans to demolish two council estates, which have since been handed back to Hammersmith and Fulham council..
Rather than selling off its lucrative assets, TfL set up a separate property department in 2012 to develop the land and manage the properties. Nearly two-fifths of the current portfolio is shop space, but TfL wants to become a bigger player in offices and housing.
Younger people will have to be coaxed back to the office, he says, and offices will need to have pleasant, open, flexible meeting spaces and other attractions – although TfL’s won’t feature swimming pools and basketball courts, like the new Google headquarters at King’s Cross.
TfL sold land above Crossrail stations, which has generated £300m so far and is expected to bring in £500m in total.
TfL was criticised for selling off the “family silver” – its former Grade I-listed headquarters at 55 Broadway overlooking St James’s Park – to a hotels entrepreneur for £120m in 2019.
> Tony Matharu
standard.co.uk/business/tfl-s…
Tony Matharu, Grange Hotels’ Managing Director and Founder of IODR, with Paul Nixon (Cricketer), Prince Harry, Prince William and Devon Malcolm (Cricketer)
🍿
Raj Matharu
Chairman/Co-Founder, Grange Hotels Ltd
bloomberg.com/profile/person…
"Warring Matharu brothers sell luxury Grange hotels after epic journey" - The Times, 2019
thetimes.co.uk/article/warrin…
🤔
The sale, on which HFF Securities advised, is said to have elicited interest from international property investors and sovereign wealth funds, with a joint bid from CBRE Global Investors and Aprirose understood to have been the underbidder.
Queensgate is a partnership between the Kow family, Alvarium Investments, Peterson Group and Dilmun. It has about £2 billion of assets under management.
It funded the purchase w/a debt facility from Société Générale, the Carlyle Group & Cheyne Capital
After completion, the four Grange hotels will be leased to the operator of the Jurys Inn and Leonardo Hotels brands in a back-to-back deal. Three will be rebranded under the Leonardo Royal flag, with the Holborn property assuming Leonardo’s new lifestyle brand, NYX
The Jurys and Leonardo brands are controlled by Fattal Hotel group, an Israeli company that operates almost 200 hotels in 17 countries, including the Midland Hotel in Manchester and the Grand Harbour Hotel in Southampton.
forbes.com/profile/david-…
de.wikipedia.org/wiki/Fattal_Ho…
> Herods , U Hotels , Magic and Hotel Rothshild22
And there it is
15 Golden Square
What is the Wirecard story that the Financial Times has not yet revealed?
🤔
The story is far from over
Even the Netflix "documentary" SKANDAL ignored Trautmann , though they did flash his name at some point in the film..
Netflix paints this story as a FT vs Wirecard tale
The Netflix doc did mention Consett though.. 🍿
And Bluetool Ltd
What's this now?🤔
…te.company-information.service.gov.uk/company/069297…
Bluetool Ltd directors
Gail Hope - 34 Rosedale Avenue , Consett, Durham
Bournewood Limited - Tortola BVI
> Ruediger Trautmann
Ruediger Trautmann conected to the office of Osborne Clarke at Temple Quay , Bristol
Just dropping this here for now
I'm now beginning to understand something about a couple of the latest FF events ..
🤫I'll deal with this later
And something else that I've noticed..
City Year UK ?
Y'all realize that the upcoming UK mobile alert system test is directly connected to this stinking pile of corruption, right?👇
It's a steaming pile I tell you
Prime Minister Rishi Sunak is showing you what he thinks of you
Prime Minister Rishi Sunak's mug
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