Canary Wharf Magazine June 14 by Runwild Media Group

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JUNE2014

contents

Features

business

14 SPACE RACER

82 EMERGING ECONOMIES: THE MINT SERIES

Supersonic skydiver Felix Baumgartner talks to NEIL BRISCOE about tackling a new frontier

Turkey is third in a four-part series examining the rise of the MINT nations and their evolving impact on the global economy

19 THE RACE IS ON

travel

JOSEPHINE O’DONOGHUE charts the changes impacting the world of Formula 1

101 CAPITAL GAINS

25 MOTOREXPO 2014

ROWENA MARELLA-DAW locates the trendiest spots in Zurich – a city enjoying its playful side

A guide to the best of the best at this year’s Motorexpo

COLLECTION 32 MARQUES OF DESTINCTION

108 BUSINESS DESTINATION: BRUSSELS KATE VANDY discovers why each year 14 million business people travel to the small city of Brussels

RICHARD BROWN profiles high-performance watch brands that won’t break the bank

REGULARS

STYLE

EDITOR’S LETTER

WATCHES & JEWELLERY 104 business travel

the knowledge: hIM

111 OUT & ABOUT

the knowledge: hER

118 Directory

business digest

121 PROPERTY

50 STEP INTO THE LIGHT Create a statement in white this season

motoring

travel

66 DAY TRIPPING RYAN BOROFF meets the motoring enthusiasts taking to the track through driving clubs

69 THE FAMOUS FIVE There are five cars every motoring enthusiast should drive; NEIL BRISCOE tells you which

74 GREEN ZONE As hybrid technology enters its latest phase, MATTHEW CARTER explores the eco supercar

on the cover (Image: Maserati)

Just a couple of hours from home. And yet a world away.

w w w. a u s t r i a . i n f o

Yo u r p e r s o n a l H o l i d a y I n f o r m a t i o n L i n e : 0845 101 1818 (calls charged at local rates)

june

Published by

CONTRIBUTORS Editor-in-Chief Lesley Ellwood

Managing Editor emma johnson

Deputy Editor

Richard Brown

Assistant Editor Aimee latimer

Motoring Editor Matthew Carter

Collection Editor

annabel harrison

Senior Designer DANIEL POOLE

Brand Consistency Laddawan Juhong

General Manager Fiona Fenwick

Production

Kate Vandy

katy kingston

Rowena Carr–Allison

Kate is a writer and broadcast journalist based in London. She indulges a passion for travel writing whenever she has a moment away from producing and presenting current affairs programmes. Her focus is on business, luxury and adventure travel, and she writes for a variety of publications around the world.

Since graduating with a first-class degree in fashion and textiles from Goldsmiths College, Katy has worked as a stylist on shoots for British Vogue, Harper’s Bazaar and Glamour, as well as independent commissions for clients that include Condé Nast Traveller, Temperley, Burberry, Adidas, M&S and Boden.

After time at The FT and Sony Pictures in London, Rowena chose to see the world. Over the past decade she has written for ELLE, Metro, Brides, Harpers Bazaar, Red, OK! and cntraveller.com. She’s learned to shoot in Texas, shopped in Istanbul, gone unplugged in Nicaragua, driven across the USA and partied in St Barts.

Hugo Wheatley ALEX POWELL oscar viney

Property Director

Samantha Ratcliffe

Communications Loren Penney LUCY JONES

Head of Finance Elton Hopkins

Managing Director Eren Ellwood

One Canada Square, Canary Wharf London, E14 5AB T: 020 7987 4320 F: 020 7005 0045 www.rwmg.co.uk

Members of the Professional Publishers Association

Neil Briscoe

jo o’donoghue

Matthew Carter

peter morgan

Neil has been a car critic for 15 years and still hasn’t lived down the shame of the time he was overtaken by a Daweoo Matiz while driving a new Alfa Romeo. He lives in Ireland but travels all over the world to drive new cars, and sometimes even remembers to drive on the correct side of the road. His favourite car is a Series 1 1948 Land Rover.

Based in the Cotswolds, Josephine has worked as a writer and editor for six years, specialising in lifestyle, travel, culture and local features. This month, she investigates what makes Turkey one of the key economies for the next decade, and investigates what has happened in the eight months since the Post Office was sold.

Former editor of both Autocar and Classic and Sports Car, Matthew has been a motoring journalist for longer than he cares to admit. He currently owns three cars: a city-friendly VW up!, and two classic Alfas – a 1960 Giulietta Sprint Veloce and a brutal SZ. He has been Canary Wharf’s motoring editor since the beginning.

After graduating in photography from Surrey Institute of Art & Design, Peter spent five years assisting photographers, before moving on to shoot his own work. Peter lives and works in London, shooting an eclectic mix of fashion and design for clients such as Burberry, Dare Studio and Odalisque.

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accredited by the audit bureau of circulations Runwild Media Ltd. cannot accept responsibility for unsolicited submissions, manuscripts and photographs. While every care is taken, prices and details are subject to change and Runwild Media Ltd. take no responsibility for omissions or errors. We reserve the right to publish and edit any letters. All rights reserved. Subscriptions: A free online subscription service is available for Canary Wharf magazine. Visit the subscriptions page on our website. rwmg.co.uk/subscribe

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FROM THE EDITOR

“Money may not buy happiness, but I’d rather cry in a Jaguar than on a bus.” – Françoise Sagan

Born to Run? Hotel California? What’s your driving song? Whatever it is (unless it’s Rhianna’s Shut Up and Drive – just no), put it on now, as this month, we at Canary Wharf are getting into the spirit of the season. Formula 1 is in full swing (turn to page 19 for our highlights so far), and the world-famous Motorexpo returns to our fair shores for the 19th consecutive year, bringing with it the most covetable brands in the motoring world – Lotus, Jaguar, Porsche, BMW… Turn to page 25 for your guide to some of the best motor sightings on offer.

Now for every true motoring enthusiast, so I’m told, there is a list of cars that you dream of driving – the carefully edited, carefully chosen wish list that, should you win the lottery or somehow benefit from a freak windfall, you would invest in. One such motoring devotee shares his own list – from a Land Rover Series III to the classic 911, sharing why each one deserves it’s place (p. 69). Will you agree with his final picks? Of course, a great car is nothing without the road to take it out on, and this month, motoring editor Matthew Carter details his ultimate road trips (p. 94), from the dusty red tracks of Australia and the ever-bucket-list ticking Route 66, to the home-grown, sheep-dotted hills of North Wales – mix tapes at the ready.

Driving aside, June has plenty to keep us occupied, not least watching Andy Murray defend his hard-won title at Wimbledon this year. If you haven’t managed to swing centre court seats, head over to the Summer Screens at Canada Square Park (p. 111) – simply grab a blanket and some strawberries and prepare yourself for some tense moments. Finally, don’t forget that Father’s Day is coming up (15 June). To help, we’ve scoured the shops to find the top gifts that will make the old man smile – and all are things that you can pick up in your lunch hour!

Emma Johnson Managing editor

12 CW june 2014

Interview | MOTORING SPECIAL

Space

racer

From the edge of space to the edge of adhesion, supersonic skydiver Felix Baumgartner is falling into sports cars and is taking on the scariest race track in the galaxy words: Neil Briscoe

ow do you come back down? It’s a tricky question and one with no clear answer. Those closest to having a shared experience are probably astronauts and the track record there is a patchy one. Neil Armstrong, arguably the greatest of all, shunned the limelight when he returned from the Moon and entered a cloistered university life, refusing almost point blank to discuss his accomplishment. Buzz Aldrin found solace at the bottom of a bottle, before recovering and eventually appearing on The Simpsons. Ironically, one of his successors, Chris Hadfield, appears to have utterly become Ned Flanders. Others have become painters or preachers or have just stuck quietly to engineering or PR roles within the astronaut corps. But for Felix Baumgartner, there is no corps. Only one other man has done as he has, stood on a tiny perch high above the world and just jumped… How do you follow that? From 24 miles above the Earth, on the 14 of October 2012 Baumgartner stepped off his floating platform and fell, plummeting towards home, hitting a recorded speed of 843mph, or Mach 1.25. Supersonic speed, no aeroplane needed. It was no coincidence that the date was 65 years to the day since Chuck Yeager became the first man to breach the sound barrier (with a plane, in fairness). Baumgartner wanted us all to know that he had the Right Stuff. What then, though? Well, obviously there was a massive round of public appearances, talk shows and autograph signing. Red Bull had sponsored the jump and wanted its money’s worth in terms of publicity. Really though, what then? How on Earth - or in space - do you follow the nigh-unbelievable thrill of jumping back to your home planet from the edge of the atmosphere? Well, Baumgartner has chosen racing as his next trick, thereby adding racing driver to his boys’ hero checklist of sky-diver and (almost) astronaut. You get the

suspicion that he’s just doing it to try and revive sales of Action Man, but in fact it’s a mixture of a personal need for a challenge and wanting to inspire the next generation. “I was always like that, when I was a little kid, I always looked up to the guys who did something that no-one had ever done before. Like Neil Armstrong – he landed on the moon and he was my childhood hero. And I was always someone who’d think that if other people say it’s not possible I was always asking myself, is that because it is not possible or because we think it’s not possible. There’s a lot of people out there who have showed us the difference there. “It’s not my main priority but if it inspires a younger generation then I’m happy, because I think they need people to look up to, it doesn’t matter if it’s a race car driver or your parents, as long as you look up to somebody, and if you pick an accomplishment and follow it through then I think that’s good. It’s important to have role models. It’s good to be there, to be one. I was always looking for challenges, like Red Bull Stratos; no one thought a human could break the speed of sound but we did it. And race car driving – people say that with no racing background and no experience you cannot compete in the Nurburgring 24hrs. But if you have a very good programme, and a team like Audi who comes up with the perfect game plan, then everything can work…” Audi has been a dominant force in motor racing for more than a decade now, notching up a dozen wins at the famed Le Mans 24hrs and numerous other victories around the globe. For Felix though, it’s come up with a special brand of hell; the Green Hell as Jackie Stewart called it – the Nurburgring. In June, as every year, 200 cars will take to the most infamous track in racing to compete wheel-to-wheel, bumper-to-bumper, for a full day and night. It is one of the toughest events in motorsport, and even with his meticulously prepared Audi R8 LMS Ultra GT3 racer, Felix is really jumping off the deep end. “Audi

JUNE 2014 CW 15

â&#x20AC;&#x153;The difference between the Stratos jump and racing is not so big, because if you want to accomplish something you have to have confidence in your skills, confidence in your team and in your equipment.â&#x20AC;?

Interview | MOTORING SPECIAL

approached me last year with the idea of competing in the 24hrs of Nurburgring, and I was easily attracted from the first second, but my first request was that we had to practice and practice and practice. Every situation, every possible chance to practice, I have to take, because I’m not a race car driver, and much of the Nurburgring is very dangerous and this is a very fast and difficult car. So we both agreed on working together in that way and Sepp Haider (Audi’s own in-house racing trainer and a former rally champion) took me to the race track at the Lausitzring, and I had the chance to practice there for two days. And then we went to the Nurburgring and for two days I was sitting next to Sepp in the car and he showed me everything. And we slowly built up the progress. “The difference between the Stratos jump and racing is not so big, because if you want to accomplish

something you have to have confidence in your skills, confidence in your team and in your equipment. I had that when I was doing Red Bull Stratos. We had to develop the skills and the equipment, and in racing you have to build the team and the car, the technique has to be up to date and as a race car driver you have to be physically fit and able to do your job. So there are a lot of similarities, between skydiving and race car driving because it requires a lot of discipline and mental focus, and I’m used to that, that’s the reason why it works for me. It is the same buzz, the same excitement. I’ve always liked a challenge and if you’re out there on a race track with 200 other cars, and everyone wants to win, everyone wants to be in front, and you know you’ve got cars coming from behind, cars in front of you, and you have to be anticipating, worrying are you going to hit another car, but it is big fun – I like the speed and I like the challenge. You get both in a race car.” The Nurburgring 24hrs is essentially a one-off event, unique in the GT racing world, but for Felix it may just be the start of a whole new career. He’s impressed both Audi and his hugely experienced teammates, Frank Biela, Marco Werner and Pierre Kaffer and it’s not out of the question that bigger, more prestigious races could beckon. “If they would give me the chance I would sure love to do Le Mans, I would sign up for that. Le Mans is a very different thing, it’s not as tricky a circuit as the Nurburgring but it’s much faster, the average speed is around 260kmh, so it takes focus and discipline again, but it’s the same as with the Nurburgring, if you work on something with the right people and you’re part of the right team then anything is possible.”

JUNE 2014 CW 17

Sport | MOTORING SPECIAL

Race On THE

Josephine O’Donoghue looks at the new rules for Formula 1 and

how everything is changing, from the look of the cars and sound of the engines, to the environmental impact and tighter fuel limits

t’s all change in the Formula 1 world, with the biggest rule changes in the sport’s history coming into play this year. From fuel limits and technology developments, to qualifying regulations and race length, alterations have been made across all areas of racing. “There has been a lot of discussion and controversy about the changes that have been made to Formula 1 this year,” Lewis Hamilton told the BBC. “But don’t believe anyone who tells you it’s no longer a challenge for the drivers. In many ways, it is tougher than before. The cars are immensely complicated, so there is a lot more work needed to understand how best to use them. And there are new challenges in driving them as well.”

JUNE 2014 CW 19

NEW RACING RULES

DIVIDED OPINIONS Just a few hours before the Bahrain Grand Prix started in April, Formula 1 Chief Executive Bernie Ecclestone once again voiced his dissatisfaction at the new rules of Formula 1.

“I think we have to [change], for sure,” he said to members of the press. “I don’t think the way things are at the moment are acceptable to the public. People buying tickets come here and expect to see what Formula 1 used to be. “The engines are without doubt incredible, the amount of power they produce for the small amount of fuel,” Ecclestone (The Times), “but I don’t think it is F1 business.”

Perhaps the most controversial change to F1 racing rules this year is the double points award at the final race, put in place in order to prevent championship winners being obvious too early in the season, and to maximize the excitement and focus on the Abu Dhabi final. The proposal, brainchild of F1 boss Bernie Ecclestone, was announced back in December and is widely considered to be a reaction (or overreaction to some) to the recent winning streak of Red Bull’s Sebastian Vettel. Interestingly, Ecclestone appears very aware that the rule may be ill-received due to ‘unfairness’ on whoever starts the final in the lead, but maintains it is still in the best interests of the sport. “Well, I wouldn’t have suggested it if I thought it wasn’t the right thing to do,” he told Sky Sports F1. “But I was concerned that the championship would still maybe be open with two or three races to go, and then somebody could catch up. [It is] probably not fair that somebody’s done all that work early on and got so many points, and somebody could just pop in and do a couple of races.” Additional points will also be awarded to the driver who claims the fastest lap in practice for each race, in a total that will go towards a new pole-position championship trophy. And speaking of points, a new range of penalty points has been drawn up for ‘racing offences’ – a new fivesecond penalty for minor offences, and further points on a sliding scale depending on the incident. Drivers will have to bear in mind that a total of 12 penalty points will result in a one-race suspension. Drivers will also now be required to choose their race number, between 2 and 99, for the duration of their career in F1. Number 1, as you may guess, is to be reserved for the current world champion. Priority will be given to the driver who finished highest in the previous year’s championship if more than one driver chooses the same number.

ENGINES & ERS The real performance differentiator this year, however, is not the new rules but the new engine regulations. “The

Sport | MOTORING SPECIAL

engine specification is the biggest rule change that we have seen in the sport for some time,” explains Richard Billyeald, principal engineer at Xtrac – worldwide leader in the design and manufacture of transmission systems in top-level motorsport. Nominally, the engines have gone from being naturally-aspirated (non-turbo) 2.4-litre V8s, to 1.6-litre V6 turbo-charged units.” The cars used in the 2013 season featured a hybrid system known as KERS (Kinetic Energy Recovery System), which recovered braking energy to provide additional power. This year, engineers have built new engines based on ERS (Energy Recovery System), which will also utilise heat energy from the exhaust. “The engine can no longer be considered in isolation as it is now part of a ‘power unit’ in conjunction with the ERS,” says Billyeald. “In previous seasons the KERS has essentially been a separate unit that ‘harvests’ kinetic energy. This stored energy is then released back to the wheels on command by the driver, with the power ‘boost’ being regulated to 60kW, which is around 80 horsepower for up to just over six seconds per lap. For 2014, the ERS unit is fully integrated with the engine and plays a much bigger role in the overall car performance. “It consists of two systems: one system recovers kinetic energy in the same manner as the previous KERS, but with twice the power output (120kW); and the other system recovers heat from the exhaust (by taking energy from the exhaust gas to drive an electrical generator) which can then be fed back to the powertrain and hence

drive the wheels. The stored energy is also no longer used as an on-demand boost, but is balanced with the main engine power by the electronic control unit and can be used for just over 33 seconds per lap; much more than in previous years. “To make a comparison between the 2013 and 2014 engine specifications, the new engines coupled with the ERS systems produce similar power to the old V8s, but with much more torque and using as much as a third less fuel, whilst achieving pretty much the same lap time: a very impressive improvement.” Alongside the engine changes there has also been a major change in the gearbox regulations: the number of gears has increased from seven to eight and a gearbox needs to last six races (3,300km) compared to last year’s five races (2,750km). In a further twist to the rulebook, F1 drivers will also need to finish each race on just 100kg (around 130 litres) of fuel compared with the 150-160kg per race used in 2013 with no official limit.

FROM THE STANDS “This year, although the cars look similar to previous seasons, the difference in the way they drive on the track will be obvious to the spectators,” explains Billyeald. “With much more torque than before, the cars move around a lot more, especially on the exits of corners, which makes them look more spectacular to watch.” There have certainly been some exhilarating surprises in the season so far, as the new rules make race winners

JUNE 2014 CW 21

“We spend longer hours at the circuit now. Because the new car is so complicated – with the new technology and systems – any small problem takes twice as long to fix. This has stopped one of our cars from competing in some qualifying and practice sessions; if really unlucky it could stop a team competing in the race altogether” – Lotus mechanic Gavin Morgan speaking about the 2014 changes

Sport | MOTORING SPECIAL

far less predictable. During the Bahrain Grand Prix, manufacturers involved in the sport. These new hybrid fans endured an edge-of-your-seat battle throughout units are far more relevant to the development of the race, ending with an incredible win by British driver road car powertrain systems and have rejuvenated Lewis Hamilton for Mercedes and a fantastic surprise in manufacturer interest in the sport (Honda is due to the form of the Force India team finishing third, ahead of return to F1 in 2015) and offer a very rapid forum for Red Bull, Ferrari and McLaren. major manufacturers to develop their own road car Hamilton is keen to express that the new F1 car is applicable technologies.” no easy task: “They still drive like an F1 car,” he writes Although the early races in Australia and Malaysia in his BBC column. “But cast doubt on the new rules you have to really hone your with what seemed quite technique, especially when conservative racing, Bahrain it comes to using the fuel as certainly demonstrated the efficiently as possible. There old-school exhilaration are all sorts of ways to affect of a Grand Prix under the that: how late or early you revised rules. – Lewis Hamilton, source: BBC change gears, which gear “The quality of the racing you take a corner in – and in naturally varies from event to particular, when you’re braking and using a technique event, as it does with all sports, but there has certainly called ‘lift & coast’ […] been some good racing so far this season,” Billyeald “You’re trying to be as fast as you can, and you’re still acknowledges. “The danger is when you have a single going through the corner on the limit, but you have to team dominating the sport, as Mercedes has done so far approach the corner slightly differently otherwise you this year; however, the racing has still been good and the won’t make the end of the race.” other big teams are already catching up, which will lead For fans, one of the most obvious differences is the to an exciting finale.” change in that F1 ‘scream’. Rather than the recognisable “You’re always going to have some races that and penetrating V8 scream, the new V6 turbo hybrids are incredibly exciting and some that are a little bit have a multi-dimensional tone with a deeper resonance. processional,” Force India’s Bob Fernley said after the The issue of noise has so far divided F1 fans, with Bahrain Grand Prix. “That’s the nature of what we do. Ecclestone leading a protest on the loss of F1 racing’s But when you get a race like this, it justifies everything. most distinctive features, and forward-thinking You’ve not had a race like this for a long time. And that’s enthusiasts embracing the evolution of motorsport a testament to the new rules.” technology. “With much of the exhaust energy being recovered, the engines sound quieter than before,” says Billyeald, “which is more in keeping with the environmental image that F1 is able to promote.” REMAINING RACES “[…] Some people will say they just want the loudest 6-8 June Canadian Grand Prix cars they can have, but we also have to think of the 20-22 June Austrian Grand Prix wider world,” Hamilton writes, “and F1 is now at the 4-6 July British Grand Prix forefront of developing great engines with lots of power 18-20 July German Grand Prix but excellent fuel consumption. What we have been able 25-27 July Hungarian Grand Prix to achieve with these engines is incredible – we get the Belgian Grand Prix 22-24 August same power, if not more, out of a V6 than a V8 and use 5-7 September Italian Grand Prix 30 per cent less fuel. That’s fantastic. And the new era of 19-21 September Singapore Grand Prix road cars will benefit.” 3-5 October Japanese Grand Prix

“F1 has always been about pushing technical boundaries, and that’s what we’re doing with these new engines”

INSPIRED IMPROVMENTS? “I think the rule changes are a resoundingly positive change,” says Billyeald. “The previous generation of engine technology of high-revving V8 engines had minimal ‘trickle-down’ to road car technologies, made evident by the reduced number of major motor

10-12 October

Russian Grand Prix

31 October 2 November

United States Grand Prix

7-9 November

Brazilian Grand Prix

21-23 November

Abu Dhabi Grand Prix

JUNE 2014 CW 23

available at

Jubilee Place

Events | MOTORING SPECIAL

MOTOREXPo

2014 This month, Canary Wharf welcomes some of the greatest names in the world of motoring – from Jaguar to Lotus. Prepare to covet… WORDS: aimee latimer

BMW i8 Concept Roadster

JUNE 2014 CW 25

n all of its 19 years at Canary Wharf, Motorexpo has never welcomed such an impressive roster of high-performance sports cars as it will in 2014. This year, the focus is on high speeds and low emissions, with anticipated new models being unveiled and a Formula 1 exhibit playing host to Lotus and Infiniti Red Bull Racing. Motorexpo showcases the latest and greatest from the top names in motoring, this year welcoming appearances from Porsche, Land Rover, Jaguar and MINI, to name but a few. Motorexpo has built on the success of its interactive offering from former years, with the DriveMe feature back by popular demand. Get behind the wheel of a luxury model and loop it round Canary Wharf’s public highways when you spot a ‘DriveMe’ sign on any of the vehicles across the exhibition. On top of this, also returning this year is the sold-out UK Youth Gala Dinner at Boisdale of Canary Wharf on 11 June, which aims to raise more than £100,000 for charity and which will be hosted by Emmy-winning actress Tracey Ullman. On the same day, there will be a meeting of motoring industry leaders in The East Wintergarden. Called the SMMT International Summit, it will open a discussion on the issues facing the industry. Held across Canary Wharf and concentrated around One Canada Square, this year Motorexpo – still the biggest free to attend motoring event in the world – has picked up the pace. Unmissable for collectors, enthusiasts or just the curious – be sure to stop by.

D Monday 9 – Sunday 15 June Monday – Saturday: 10am – 6pm Sunday: 11am – 5pm Throughout Canary Wharf

 BMW What is it: The new BMW i8.

Why See It: It’s one of the first chances to see the model before its highly-anticipated global launch in June 2014.

Look out for: The BMW M3 Saloon and M4 Coupe also on display: both feature redeveloped 431hp M TwinPower Turbo six-cylinder petrol engines.

 Agility Global

D i8, £99,895, BMW, bmw.co.uk

What is it: Agility Global’s premium electric urban sports motorcycle, the Saietta R.

Why See It: It produces no emissions yet rockets from 0 – 60mph in 3 seconds and can travel 120 miles on a re-charge of only 3.5 hours, at a running cost of £0.60 per charge.

Look out for: That body work – any motorbike that took 70,000 hours of styling and engineering to create deserves a closer look.

Free to attend motorexpo.com

D Saietta R Premier, from £16,770, Agility Global, agilitymotors.com

Events | MOTORING SPECIAL

 The Luxury Mobile Office Company What is it: A moving office in the back of a highly decked out Mercedes Viano where passengers sit around a full width board table.

Why See It: It’s new to Motorexpo and proves working on the go doesn’t have to involve balancing your laptop on your knees in the back of a cab.

Look out for: The Bang & Olulfsen sound system, the two plasma screens and the winestocked mini bar. D Available for half or full day charter 356 days a year, The Luxury Mobile Office Company, 08454 59 00 39, theluxurymobileofficecompany.com

  LOTUS What is it: The Lotus Evora Sports Racer.

Why See It: Lotus is a leading name in F1 and the sports car market so seize this opportunity to see one of its vehicles close up.

Look out for:

 MINI What is it: The new MINI Hatch.

The differences between this new model and the award-winning mid-engine Lotus Evora supercar which it’s based on. The handling has been upgraded and the frame work is more dramatic.

Why See It:

D Evora Sports Racer, from £66,850 ,

Look out for:

Lotus, lotuscars.com

Its head-up display panel that displays your speed and sat-nav right in your field of vision, keeping your eyes forward and on the road.

This model has a space-saving transverse engine layout that could make you revaluate any concerns that if you buy a MINI it’ll be too mini.

D Hatch, £13,750, MINI, mini.co.uk

JUNE 2014 CW 27

Dining With dad With Motorexpo and Father’s Day coinciding this June, expect something extra special when dining in Canary Wharf and make sure this Father’s Day is one to remember

Plateau restaurant, bar & grill

Boisdale of canary wharf

Brunch Special • from £42 On Father’s Day, head to Roka for contemporary Japanese Robatayaki cuisine. Make the most of the special Sunday brunch menu of tasty small dishes where you’re greeted with a choice of a Roka-style Bloody Mary or Bellini at the door. The Sunday brunch is served until 8pm and is priced at £42, £54 and £66 per person. Roka’s normal menu will also be available, with an extensive à la carte menu that includes hot dishes, sushi, sashimi and a separate tasting menu.

Three-courses & bubbles • £35 Make it an occasion this year and enjoy three delicious courses and free-flowing bubbles on 15 June, with Plateau’s special Father’s Day menu. On top of that, there’ll be live music to enjoy. Plateau’s location on the fourth floor of Canada Place means it has brilliant floor-to-ceiling views of Canada Square Park and Canary Wharf buildings, meaning it is no surprise that Plateau is such a favourite amongst Canary Wharf’s locals and visitors to the area alike.

Three-course Menu & wine • £45 For Father’s Day, Boisdale is serving up a three-course traditional lunch with unlimited wine for £45 – all to the backdrop of live jazz. After lunch, visit the Cigar Terrace, an awning-covered heated terrace upholstered in Boisdale’s signature tartan, where you’ll find an extensive and global cigar menu. There’s also The Whisky Bar in the restaurant on the second floor where a 12-metre long wall showcases just some of the more than 1,000 bottles of malt whisky on offer.

D The Park Pavilion, 020 7636 5228

D Canada Place, 020 7715 7100

D Cabot Place, 020 7715 5818

Roka

RESTAURANT

Le Pain Quotidien

One canada square restaurant & bar

Tom’s kitchen

Hot breakfast • until 3pm Set yourself up for a busy day at Motorexpo by picking up organic croissants, muffins or granola for breakfast at Le Pain Quotidien. Or, until 3pm at weekends, enjoy a hot breakfast with a choice of scrambled eggs, porridge and filled croissants. At this cafe, enjoy comfy chairs, rustic tables and cups of hot coffee while you take in a long brunch or explore the rest of the menu. Le Pain Quotidien’s philosophy revolves around simple, healthy food and, of course, great coffee.

Raw & Grill Menu • until Late Right in the heart of Canary Wharf you’ll find the architecturally-striking One Canada Square Restaurant & Bar. If you’re heading to Motorexpo early, why not start your day with a leisurely or express breakfast? For evening dining, there’s a raw menu which includes steak tartare and cured Scottish salmon. For something meatier, try the grill menu with cuts of prime steak and surf and turf that’s sure to please the carnivores amongst you.

british classics • comfort food Tom’s Kitchen is a modern British restaurant, bar and deli. Serving British favourites and comfort food classics in a relaxed and informal environment from breakfast to dinner. It’s a wonderful place to grab a booth or a table on the outside terrace and while away lunch with great food and a buzzing atmosphere. On Sundays the bar is open until 5pm if you want to make time for a drink after a delicious late lunch or pre-dinner.

D Jubilee Place, 020 3617 6631

D Lobby, One Canada Square, 020 7559 5199

D Westferry Circus, 020 3011 1555

Family Favourites  jAMIE’S iTALIAN Jamie’s Italian’s kids menu is healthy and fun. There’s something on offer to please every child, whether it’s spaghetti Bolognese or organic hot dogs, and each dish on the kids menu is £5.95. D Churchill Place, 020 3002 5252

Canteen  A selection of dishes are available as half portions for children at half price. Also, be sure to ask your waiter for an activity pack to keep the little ones entertained. D The Park Pavilion, 020 7513 0406

 BYRON At Byron, children aged under six are treated to mini classic burgers and chicken burgers. Or, if they’re not a fan of burgers, they can choose a creamy serving of tummy-pleasing macaroni cheese. D Cabot Place, 020 7719 0800

canarywharf.com

@yourcanarywharf

4 Jubilee Place, Canary Wharf, London E14 5NY. T: 020 7538 2332 www.davidmrobinson.co.uk

collection

treasured timepieces, fine and contemporary jewellery & luxury goods

Second Time ARound Watch connoisseurs will be thrilled to learn of the subtle development to Richard Milleâ&#x20AC;&#x2122;s sought-after RM 011 model, which launched seven years ago. The updated model, the RM 11-02 Automatic Flyback Chronograph Dual Time Zone (ÂŁ116,500), includes a UTC feature for the indication of a second time zone with a SuperLuminova-filled hand, along with the traditional functions of the original, such as the Flyback Chronograph, annual calendar with oversized date, 60-minute countdown timer and 24 hour totaliser. The PVD-treated titanium movement is fitted with two winding barrels and an automatic winding rotor with variable geometry supplying approximately 50 hours of power reserve. D richardmille.com

MARQUES – of –

DISTINCTION Now, more than ever, it’s possible to procure a decent piece of wrist candy without losing a substantial slice of your savings. This month, as Tudor prepares to re-enter the UK market, we profile the thoroughbred brands offering high-performance timepieces at prices that won’t break the bank WORDS: RICHARD BROWN

Frédérique Constant

hile the costliest creation at this year’s Baselworld came with a ludicrously lofty £33 million price tag (Graff’s candy-coloured Hallucination is encrusted with 110-carats of diamonds and is billed as the most ‘valuable’ watch ever made), it was timepieces from brands operating at the other end of the price spectrum that most excited the value-for-money-minded. As brands have moved to bolster their bread-and-butter offerings, never before has there been such a wide variety of accessiblypriced mechanical timepieces – quality watches that you can do more than just dream of owning. The following brands package sound mechanics in some of the industry’s best-looking cases, keeping your bank manager off your back while commanding appreciative nods from those in the know.

Cleverly named as to evoke images of octogenarian watchmakers plying their trade in centuries-old workshops, Frédérique Constant was actually formed just 26 years ago. Today, it sells more than 120,000 watches per year to people in more than 100 countries. Anchored to the centre of the affordable watch segment, the brand offers classically-inspired watches for the right side of £4,000 – some of which feature movements that have been designed, produced and assembled in-house. At 42mm, the company’s Slimline Moonphase is a beautifully proportioned piece, perfect for dressy occasions. Choose between a variety of dials, all of which feature an attractive sunburst pattern, and either a leather or stainless steel strap. A snip at £2,840.

Above: Slimline Moonphase, £2,840 Frédérique Constant

collection

Montblanc More fool the person prejudiced against this brand’s watches simply for the fact that ‘Montblanc makes pens’. It does. But it also makes some damn fine time-telling devices too. Inspired by the exploits of French watchmaker Nicolas Rieussec (who invented the first chronograph in 1821), Montblanc’s supremely handsome Nicolas Rieussec pieces form the brand’s halo collection. At less lofty prices, the Meisterstück Heritage line, launched earlier this year, offers smart aesthetics, refined details and highly legible dials. Taking design cues from the famous pen that inspired the collection, the line comprises the Automatic (£1,870), the Date Automatic (£1,690) and the Moonphase (£2,965) – all well-made, well-priced and undeniably pretty to look at.

Christopher Ward Christopher Ward was founded in 2012 on a boat on the River Thames with one mission; to create ‘the cheapest most expensive watches in the world’. The company would do so by selling direct to the public via its website (the first luxury watchmaker to do so) and by not investing in any sort of celebrity endorsement. The brand has reported year-on-year growth figures of around 60 per cent ever since. To celebrate its 10th anniversary, Christopher Ward has just unveiled the C5 Malvern Slimline, a watch inspired by the company’s first ever model, the C5 Malvern Automatic. At 40mm, the Slimline is 2mm wider than its predecessor and has wider lugs (20mm) but, importantly, is slimmer by 2.10mm at only 8.70mm. For a ridiculously wallet-friendly £399, you get a hand-wound mechanical movement with 38-hour power reserve and one of the best-looking models from the brand to date.

Clockwise from top: Meisterstück Heritage Moonphase, £2,935, Montblanc; Clifton Chronograph, from £2,600, Baume & Mercier; C5 Malvern Slimline, £399, Christopher Ward

Baume & Mercier One of the forerunners in the accessible luxury market, Baume & Mercier recently upped its game and moved into the sphere of serious watchmaking – its Clifton 1892 Flying Tourbillon (£38,000) propelled the brand into a position amongst the industry’s heavyweights. Yet it’s within the mid-range price bracket that the brand truly excels. For evidence, see the Clifton Chronograph (from £2,600) that arrived in stores in April. With a Swiss-made, self-winding movement, a day and date display and sapphire crystal case back, the watch offers wearers devilishly good-looks at down-to-earth prices.

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Longines By far the biggest-selling player in this list, Longines shifts more watches per year than almost any other manufacturer on the planet. Having kept the time at 14 Olympic Games – including at the first modernday meet in 1896 – the company celebrated its 170th anniversary in 2002, a year after it produced its 30 millionth watch. Numbers aside, the brand is more than a bulldozing marketing machine. The reason for its success is simple: it sells good looks and good quality at accessible prices. Longines’ collections stretch from the classic to the contemporary and the company provides a particularly extensive range of ladies watches, the PrimaLuna being a particularly elegant option. For men, the recently launched Heritage 1935 (£1,310), with its cushion-shaped steel case and fluted crown, is a monochrome, matt-blackdialled thing of beauty.

Maurice Lacroix Tudor Tudor owes its very existence to the gap that exists between the low-end, mass-produced watch market and the high-end, high-grade world of premium horology. It was, after all, built to fill that exact void and, 68 years after Rolex founded the company, it continues to excel at what it set out to do, offering the signature looks of its sibling brand at prices that won’t make too big a dent in your savings. Baselworld 2014 saw the brand launch the military-inspired Heritage Ranger (£1,940), which, equipped with a 41mm brushed stainless steel case, leather strap and luminous numerals, will make a great addition to any watch collection. Expect the brand to do very well indeed when it enters the UK market this September.

From top: PrimaLuna, from £1,790, Longines; Heritage Range, £1,940, Tudor Right: Pontos S Supercharged, £3,750, Maurice Lacroix

Thanks to a mesmerising seconds’ indicator that turned on its axis every quarter of a minute in horizontal and vertical cycles, the Maurice Lacroix Masterpiece Seconde Mystérieuse proved to be one of the stars of the show at Baselworld 2013. Twelve months later and the brand was back, this time impressing show-goers with what it does best, mid-priced mechanical watches that both look and feel more expensive than they are. The Pontos S Supercharged (£3,750) weighs in at a portly 48mm, making it the biggest model in a line that debuted in 2012. Inside you’ll find a rare but robust ETA-produced ‘Valgranges’ calibre that will provide for a 46-hours power reserve. The watch also features a nifty inner rotating bezel connected to a start/stop pusher at two o’clock. It comes in steel or a PVD black version. Get one, if you’ve got a big enough wrist for it.

collection

Raymond Weil

Ball

With its conservative name and largely classical designs, you could be forgiven for thinking that Raymond Weil has been making watches for centuries. It hasn’t. That doesn’t mean its attractive designs aren’t matched by sound mechanics. They are. Established in 1976, the company is now run by Weil’s son-in-law and two grandsons, making it one of the few Swiss watch brands still in the hands of its founding family. Music inspires many of the brand’s creations, accounting for partnerships with the Royal Albert Hall and, since 2008, the Brit Awards. The company recently unveiled the Nabucco Rivoluzione II (£2,940), an update to a line that has existed since 2007. At 46mm in diameter and 15.25mm thick, it’s a masculine piece, made even more so by bright, contrasting red or yellow (whichever you choose) hands. The watch is notable for being the brand’s first to feature a ceramic bezel.

It’s the American brand with the Swiss-beating heart, re-launched in 2002 to offer some of the most wellmade, value-for-money timepieces on the market. For prices that range from around £1,200 to £3,600 (its BMW range excluded), Ball offers mechanical movements, in-house complications and more patented technology than you’ll find inside watches three times the price. Look out for the Engineer II Magneto S (£2,510), a watch that protects against magnetism by surrounding its movement with a brand-new Ball-produced alloy, and the equally clever Engineer Hydrocarbon Black (£2,190), which, by employing luminous paint on its black ceramic bezel for the first time, allows its wearer to tell the time even in the dark.

Hamilton Marrying American styling with Swiss precision, and offering it at prices that start in the hundreds rather than the thousands, it is perhaps no surprise that Hamilton is the United States’ number one watch brand. Since a debut appearance in the 50s classic The Frogmen, Hamilton watches have appeared in more than 300 Hollywood films, spotted on the wrists of everyone from Elvis Presley to Russell Crowe. Collections are split into two lines: Khaki, which draws inspiration from military pieces, and Classic, which comprises the company’s more understated creations. For a hard-wearing watch with a big personality, see Hamilton’s Take-off Auto Chrono Limited Edition, complete with bullhead pushers and a quick-release case that can be removed from its straps to be stored in a suitably-showy display box. Yours for £2,360.

Ebel Ebel is not so much an under-the-radar brand as one that doesn’t always receive the same attention as its shoutier stablemates. The company has been making watches out of La Chaux-de-Fonds, Switzerland, since 1911, including a period during WWII when it manufactured timepieces for the RAF. Most of its pieces flit around the £2,000 mark and the brand is esteemed perhaps more for its women’s watches than for its men’s. Ebel’s Onde Diamond (prices start from £3,100) is a tasteful, 30mm timepiece that’s all sweeping lines and sculptured curves. For men, the Classic comes with an automatic movement, 42-hour power reserve and is water resistance to 50m. Not bad for a watch that costs £2,200.

Right: Nabucco Rivoluzione II, £2,940, Raymond Weil; Take-off Auto Chrono Limited Edition, £2,360, Hamilton; Engineer II Magneto S, £2,510, Ball; Classic Automatic, £2,200, Ebel;

JUNE 2014 CW 35

Swiss movement, English heart

Calibre JJ03 modification (Patent pending) of ETA 2893 self-winding movement / Personally assembled by Master Watchmaker, Johannes Jahnke and team at CWâ&#x20AC;&#x2122;s Swiss atelier / 2 x 24 hour time-zone display / 24 airport code identification and simultaneous world map indicator / 43mm, marine-grade, 316L polished steel case with sapphire crystal and transparent case-back / Ethically sourced, midnight blue, Louisiana alligator strap with Bader deployment

265_ChristopherWard_CanaryWharf.indd 1

15/05/2014 11:13

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Diamond Diva It was designed, we’re told, for divas looking to unite their love of diamonds with an appreciation of high-end horology. No surprise then, that Roger Dubuis’ new Velvet collection sparkles like the best of them. Fitted with a 172-component calibre – designed, developed and perfected in-house, to the industry’s highest possible standards – it also has the mechanical credentials to boot. In case that wasn’t enough, ladies are invited to select the watch’s accompanying precious stones from a range that includes rubies, emeralds and sapphires. Choices, choices, choices.

In-House Investment The Oris 110 might have flown under the radar had it not been for the calibre housed inside. Instead, with that movement having been developed in-house, the first from the brand in 35 years, the watch demanded attention the moment it was unveiled. Launched earlier this year to mark Oris’ 110th anniversary, the 110 comes equipped with an astonishing – and industry-leading – ten day power reserve. ’Tis a pretty little thing too. Regrettably, only 110 will be made in stainless steel (£3,750) and 110 in rose gold (£9,950) so if you want one, get moving. Doris.ch

D The Velvet Collection by Roger Dubuis, POA; rogerdubuis.com

watches

For treasured timepieces, horological heirlooms and modern masterpieces, watch this space... by richard brown

ONE TO WATCH This month Sandy Madhvani, Showroom Manager at David M Robinson in Canary Wharf, selects his watch of the moment:

Success In Sight A device designed for allowing blind people to tell the time is now up for the Design of the Year award at London’s Design Museum. Different from what you’d usually expect to find on this page but no less beguiling, the Bradley Timepiece went through 25 iterations before it arrived at its charismatic, present-day form. Ball bearings denote the time as they are moved around a solid titanium face using magnets. More than 1,000 people pre-ordered the device before it went on sale last month. Such has been the response to the watch’s design, Bradley’s makers believe that only 1-2 per cent of its customers are visually impaired. D Bradley Timepiece, £115, Eone Time eone-time.com

“The sporty, stainless steel 5960/1A has to be one of the most handsome watches released this year. See the piece in person, among others launched from the brand at this year’s Baselworld, during our week-long Patek Philippe exhibition from 9 June”

D 5960/1A, £36,920, Patek Philippe Available at David M Robinson, Jubilee Place, Canary Wharf

JUNE 2014 CW 37

The Trailblazer ROBIN SWITHINBANK takes a closer look at industry heavyweight TAG Heuer, a watch brand that’s on track to become Switzerland’s number one chronograph producer

he watch industry is often accused of moving at a glacial pace when it comes to – cliché klaxon – moving with the times, but touting that opinion nowadays is like throwing a Little Britain catchphrase into conversation and expecting people to roll about laughing. That time is long gone. Over the last decade the watch world has been transformed, metamorphosing from a sleepy cottage industry into one hurtling at breakneck speed towards the mainstream. Some might say it’s already here. If you’re not sure, ask yourself the question; 10 years ago, would you have been reading a story about luxury watches in a lifestyle magazine? Maybe you would. Maybe you’re a lifelong watch nut. But more than likely you wouldn’t. Times have changed. To understand how, and perhaps why, it wouldn’t hurt to look at TAG Heuer, one of the few brands in the luxury spectrum that could claim to be a household name at the turn of the millennium. Back then, it made lots of F1 watches sported by then-McLaren drivers David Coulthard and Kimi Raikkonen. There was an ugly line called the Kirium, and the Carrera and the square-cased Monaco, once made famous by Steve McQueen, had only just been revived. Most of its watches were quartz, and those that

were mechanical relied on third party movements dressed up as TAG Heuer calibres. It was all a bit so-so. But in 2004, everything changed rather dramatically. TAG switched tack, announcing the Monaco V4 concept to a stunned audience at the Baselworld watch fair that year. The V4 was a spectacular, if exceptionally ambitious idea, replacing the traditional gearing system found in a mechanical watch with one that used belts, not unlike a car engine. It would be five years before the concept became something you could actually buy, but the intention was clear. TAG Heuer was innovating, getting back to its avantgarde roots. Since then, a raft of apparently impossible high-end mechanical watches has joinedthe V4, in what the brand now calls its Haute Horlogerie collection, including a 5/10,000th of a second mechanical chronograph and a calibre regulated by magnets, traditionally the arch-enemy of mechanical watches and their metal movements. The latest addition to what TAG now calls its Haute Horlogerie collection is the Monaco V4 Tourbillon, launched this year on the 10th anniversary of the original belt-driven wonder-piece. It follows the same principles as its forbear, only with the addition of a tourbillon – and costs a princely £110,000. The question that arises from this is ‘why?’. Here we have a mainstream brand

COLLECTION

once known for making sporty watches aimed at the younger mantackling nichefine watchmaking challenges. Again, why? The reason became clear in 2009 when TAG unveiled Calibre 1887, its first ‘in-house’ chronograph for 40 years. The new calibre was built against a Seiko blueprint, but nonetheless, it was TAG’s.For decades, TAG – like the majority of Swiss watch brands – had been dependent on third-party suppliers for its movements. Most of these came from ETA, a Swatch Group company and therefore a stablemate of brands in TAG’s competitive set, chiefly Omega. Because of an ancient quirk in Swiss law, ETA was obliged to supply movements to all-comers, rivals included, much as if Mercedes were forced to make engines for BMW. In the early 2000s, the group announced it had asked the Swiss Competition Commission (COMCO) to look intogetting this law overturned. It argued it could no longer make enough movements for its own brands, which was bad for business, and that relying on one supplier was stifling the industry. Leaving the rest to fend for themselves would spark creativity, they said. Necessity is the mother of all invention, after all. TAG Heuer was one of the first to spot that Swatch Group might reasonably win. It recognised it would have to find other suppliers, or start investing heavily in making its own movements; but building a movement from scratch is a paralysingly expensive business. The general consensus in the industry is that you need £13.5 million to launch a new movement – not exactly chicken feed, even when you’re a global brand like TAG. How then to raise that kind of cash? The answer was in the Haute Horlogerie collection. With headline pieces and price tags to match, it gave TAG the means – and the belief – to start going it alone. Last autumn, the story took another giant leap forward. TAG announced it had begun producing CH 80, a second in-house chronograph calibre (that it had designed from the ground up), in a new state-

of-the-art facility (its fourth) in the unremarkable village of Chevenez, in the north-western corner of Switzerland. The announcement came with a dramatic prediction. By 2015, it was said, the Chevenez manufacture wouldbe producing 100,000 units a year, with the split between Calibre 1887 and CH 80 roughly even. This, claimed TAG, would make it Switzerland’s number one chronograph brand, a significant step for a company that only four years previously didn’t make an in-house movement. The first watch carrying the new calibre was released at Baselworld this year. Dubbed the Carrera CH 80, its subdials are laid out at 3, 6 and 9, a more traditional look compared to Calibre 1887’s 6, 9, 12 arrangement. The movement has an 80-hour power reserve (hence the 80 in the name; CH stands for Chevenez) despite being just 6.5mm thick – a power-to-thinness ratio TAG is rightly proud of. TAG says it has invested £27 million into these movements so far, which means there’s a lot riding on its success. “It’s important to be able to communicate that we produce in-house,” says TAG’s CEO, Stéphane Linder. “It gives TAG Heuer wearers a feeling of exclusivity and quality craftsmanship, and the knowledge they have a movement that is a bit more special than the others.” Arguably, it does far more than that. It plants TAG’s feet firmly on independent ground and gives it a lifeline for when Swatch Group pulls the plug. It’s also just one example of an industrywide shift. IWC, Panerai, Hublot, Breitling, Maurice Lacroix, NOMOS Glashütte, Oris – the list of watch companies gunning to join the ranks of manufacture brands is growing all the time. One day the flow of movements from Swatch Group will dry up (it’s already started), and to survive, brands are going to have to take a leaf out of TAG Heuer’s book and go their own way. Quickly. Glacial pace of change? The industry simply can’t afford to sit around and watch while the ice melts.

The consensus in the industry is that you need £13.5 million to launch a new movement

D TAG Heuer, David M Robinson, Jubilee Place, Canary Wharf tagheuer.co.uk

JUNE 2014 CW 39

COLLECTION

Showstoppers at Masterpiece Among the art and antique collectors who showcase annually at Masterpiece London are also a number of master jewellers who present their coveted collections at the summer fair. One of these is Mayfair-based jeweller Hancocks, which is choosing to celebrate the fair’s fifth anniversary by displaying works from some of the finest jewellers from the canon of jewellery history, including Cartier, Boucheron and Pierre Sterlè. These will be showcased alongside pieces from one of the 21st century’s most notable collections, owned by The Duke and Duchess of Windsor. Key pieces include a retro rose gold bangle by Boucheron and a stunning double row diamond ‘Ribbon’ motif necklace by Pierre Sterlè. Other jewellery exhibitors at the fair will include Grima, Theo Fennell, Fred Leighton, Verdura and Wartski, to name but a few.

MASTER DIAMONDS

From top: Sterle diamond bow necklace; Boucheron bracelet

Only in recent years have buyers begun to realise the financial benefits of investing in fancy coloured diamonds. Unlike colourless diamonds where the margins are slim, prices for fancy colours – the most rare in the diamond family category – continue to increase and are therefore a great investment. This year, diamond house De Beers pays tribute to its 125-year-old heritage by unveiling the 1888 Master Diamonds: a unique collection of exceptional coloured diamonds. Ranging in weight from 0.68-carat to 10.10-carat, each exquisite piece has been astutely cut for beauty and come in vivid hues of blue, yellow, grey and cognac. Each piece has been hand-picked by the De Beers Institute of Diamonds.

D Masterpiece London 2014, 26 June - 2 July

D 1888 Master Diamonds & Creative Solitaires

masterpiecefair.com

debeers.com

jewellery Jewels, gems, pearls and diamonds; the essential components of any lady’s jewellery collection by olivia sharpe

Cutting Edge The significance of Elizabeth Gage’s work in the world of jewellery design is irrefutable and was recognised by the industry in 2010 when, after more than 40 years of work, her jewellery was entered into the permanent V&A collection. Gage’s Belgravia store continues to house her coveted collections:

“The garden is both my anchor and my reservoir of ideas when designing collections. The boldness, contrast of shape and colour are reflected in my jewels – constantly changing, they remind me that I, too, must change and so must my designs” – Elizabeth Gage

JEWELLERY & WATCH LONDON As of this year, this prestigious event is relocating to Chelsea’s Saatchi Gallery. Previously held at Somerset House, since its inception in 2012, the inaugural show has grown considerably and this year it has announced that more than 60 jewellery and watch brands will be exhibiting, hence the move. Confirmed jewellery brands in attendance include Lalique, Roberto Coin, Chavin Jewellery, Rosato and Fei Liu Fine Jewellery. Visit the website for more details. D Jewellery & Watch London

D The House of Elizabeth Gage elizabeth-gage.com

40 CW JUNE 2014

18-19 June jewelleryandwatchlondon.com

COLLECTION

GARDEN of EDEN

Fly by night with bejewelled dragonflies, butterflies and bees

3 11

6 10

8 7

D 1. Amethyst and diamond bee drop pendant, £2,995, Theo Fennell, theofennell.com D 2. Urban Jungle gold-plated Swarovski crystal necklace, £1,295, Erickson Beamon, net-a-porter.com D 3. Binsect spider earrings, £85, Tom Binns, matchesfashion.com D 4. Fantasia earrings in 18-karat white gold, diamonds, pink sapphires and micro-mosaic, POA, Sicis Jewels, sicisjewels.com D 5. Butterfly gold-plated Swarovski crystal earrings, £430, Erickson Beamon, net-a-porter.com D 6. Stone embellished earrings, £433, Ermanno Scervino, farfetch.com D 7. Gold-plated and silverplated Swarovski crystal dragonfly ring, £335, Roberto Cavalli, robertocavalli.com D 8. Honeybee gold-plated, crystal and Czech stone bracelet, £98, J. Crew, net-a-porter.com D 9. Printemps Mon Amour ring in 18-karat yellow gold, sapphires and micro-mosaic in blue and yellow tones, POA, Sicis Jewels, as before D 10. Candy coloured flower drop earrings, from a selection, Butler & Wilson, butlerandwilson.co.uk D 11. Papillon Royale ring in 18-karat white gold, diamonds, sapphires and micro-mosaic, POA, Sicis Jewels, as before

42 CW JUNE 2014

for HIM:

the knowledge AN ESSENTiaL ROUND-UP OF NEED-TO-KNOW NEWS & THE LATEST IN LUXURY LIFESTYLE

Moving Forward

Technology’s moving at a dramatic rate, and angle. Bang & Olufsen has launched the BeoVision Avant, a TV that balances game-changing technical intelligence with emotional intelligence. Whereas normally the layout of a room – even your choice of furniture – is dictated by the layout around a large TV, the 55-inch BeoVision Avant is mounted on a rotating axis. The screen glides circularly into place, while a hidden speaker lowers from the screen and the screen’s electronic curtains draw back to choreograph simultaneous sound and image. Its remote, the BeoRemote One, features MyButtons: three personalised settings that can angle the screen towards your favourite chair. Tech wise, the dramatic design reinforces rather than overshadows function. BeoVision Avant doubles as a sound system with eight driver units and eight dedicated amplifiers built in. The screen has Chromatic Room Adaption, meaning sensors adjust the screen to compensate for the room’s colour tones. It is also specially coated to dampen reflections by 98 per cent. It’s a roundabout way to deliver exceptional image and sound. D BeoVision Avant, £5,995, Bang & Olufsen, South Colonnade

Spring forward Brunello Cucinelli’s Spring/Summer 2014 Teddy Boy Collection comes in an unusually dark palette for summer – think folky burgundies, wood browns and earthy greens – giving it an everyday wearability, which can then be easily dressed up. The brand’s self-professed linchpin of the collection is the jacket in lightweight and hotweather-friendly wool and silk blends. The trousers are interesting: made slim, short and with a cuff, they should be paired with boat shoes or smart brogues. Don’t let the flash of ankle put you off, it still looks smart and – in the absence of socks – is an effortless way to update your wardrobe for summer. D Spring / Summer 2014 Teddy Boy

From Bits to Bolts Aspinal of London’s Made in England bags live up to their name. Every material, from the cast-brass hardware to the bonded canvas and tweed, is made in England and put together by hand in Cumbria. The three bags in the collection – a briefcase, messenger bag and a smaller messenger bag – are perfectly proportioned for the daily commute and come equipped with large document-sized compartments. The tan leather and tweed nicely top off the heritage look.

Collection, brunellocucinelli.com

D Made in England Collection, from £495, Aspinal of London, Cabot Place

Pocket-Sized Power This unassuming device was created from the concept of taking the highest-level audio technology out of the studio and making it portable and accessible. It plugs into a computer and pumps headphones with a louder, crisper quality of sound. Because it can play any current or anticipated audio format, it works by improving the software you have, rather than introducing bells and whistles. If you find yourself in noisy spaces working away from the desk often, this may be one to add to the tech arsenal. D Geek Out, from £199, Geek, anthemavs.co.uk

Gear Role Shift Dom Reilly has launched a limited-edition watch roll made with actual gear ratios from Williams Formula 1 racing cars that were once driven by motoring’s biggest names. Dom Reilly, a travel-accessory brand, has lined the roll with a dense foam, only otherwise used in the

cockpits of Grand Prix cars, which absorbs up to 97 per cent of impact. The interior, which fits up to four watches, is lined with leather to prevent scratching, and the exterior is clad in dark blue leather. D Limited-Edition Watch Roll, £475, Dom Reilly, domreilly.com

For Him | STYLE

brit

Classic

A bit Mod and very cool.

Sepia-tinted aviators suit everyone.

D Men’s Trench Collection Square Frame Sunglasses,

D Matte Navy Shawford Sunglasses, £240,

D Traverson Kawazu Sunglasses, £275,

£187, Burberry, uk.burberry.com

Paul Smith, paulsmith.co.uk

TUMI, Cabot Place

Image courtesy of Pal Zileri

investment Burberry hits a perfect style note again.

Shady Dealings It’s time to admit it: it does get sunny in England

Quirky

Cool

statement

Designed in England, made in Italy.

The silver detailing is elegant but masculine.

Beautfiul yachting glasses, no boat included.

D Walter Hayes Tort Sunglasses, £190,

D Giaguaro Black Sunglasses, £140,

D Sorensen Dark Havana Yachting Days Sunglasses,

Oliver Spencer, eyerespectdirect.com

Super Sunglasses, opumo.com

£195, Orlebar Brown

JUNE 2014 CW 47

Father’s Day

FAVOURITES Whether you’re choosing between fashion and footwear or gadgets and grooming, with four shopping malls and more than 300 stores, Canary Wharf is your one-stop shop for Father’s Day gifts

Image courtesy of Gant, Canada Place Solid Colour Flip Flops, £30, Hackett, Cabot Place

Bulldog Kaufmann Cocktail Photographic Mid-Length Swim Short, £225, Orlebar Brown, Jubilee Place

Modern Sunglasses, £125, Emporio Armani, David Clulow Opticians, Cabot Place & Jubilee Place

 The finishing touch  Even the man who has everything never has enough ties Introduce ties in shades of burgundy and blue to your wardrobe and you’ll find they suit grey, black and navy suits. Choose between patterns and textures from brands like Emmett London, Reiss and Aquascutum. A new tie is the surefire way to make a good suit feel new again.

Blue Tone on Tone Print Woven Silk Tie, £95, Emmett London, Jubilee Place

The Shaving Kit, £195, Molton Brown, Jubilee Place

Spot Knit Tie, £85, Aquascutum, Cabot Place

Contra Plain Wool Tie in Bordeaux, £39, Reiss, Jubilee Place

SHOPPING Form 2i Headphones, £109, Bang & Olufsen, South Colonnade

An Eye On the time

Kash Wool Blazer, £399, Tiger of Sweden, Jubilee Place

Eat Drink Nap, £30, Oliver Bonas, Jubilee Place

Wristwatch, £129, Boss, Cabot Place

Fulbeck Brown Daino Shoe, £285, Church’s English Shoes, Cabot Place

Chain Print Hankie, £55, Aquascutum, Cabot Place

Meisterstück 90 Years Legrand Rollerball, £345, Montblanc, Canada Place

The Large Mount Street Bag, £595, Aspinal of London, Cabot Place

Smartphone Cover Black compatible with Samsung Galaxy S4, £29.90, Moleskine, Cabot Place

Sterling Silver Collar Stiffeners, £85, Alfred Dunhill, Cabot Place

Master Collection Gents Chronograph Watch, £1,730, Longines, Goldsmiths, Canada Place

Formula 1 Chronograph 42mm, £1,695, TAG Heuer, Charles Fish, Cabot Place

 At a Pinch  The tie clip is a subtle and useful accessory that every man should own. Find yours at Canary Wharf. Tie Pin Timony, £59, Boss, Cabot Place

Mechanically Wound Chronograph, £POA, Patek Philippe, David. M. Robinson, Jubilee Place

Image courtesy of Reiss, Jubilee Place

canarywharf.com

@yourcanarywharf

Ruffled Dress, £1,930, Marni (26 Sloane Street, SW1X, 0207 245 9520); White Rubber Strap Sandals, £450, Burberry Prorsum (burberry.com); 18kt Yellow Gold Hoop Earrings, £1,225, Armenta (Talisman Gallery, 020 7201 8582)

STEP into

the light There is a certain power in wearing white â&#x20AC;&#x201C; the stark lack of colour exudes both confidence and style. Whether full-length silk or embellished with lace, wear it with your head held high Fashion Katy Kingston Photography Peter John Morgan

THIS page

White Crepe Cap Sleeve Dress with Cut-Out Back, £995, Burberry Prorsum (burberry.com); 18kt Yellow Gold Hoop Earrings, £1,225, Armenta (Talisman Gallery, 020 7201 8582)

OPPOSITE page

White Dress, £2,935, Rocha (net-a-porter. com); Sandals, £530, Hermes (78 New Bond Street, W1S, 020 7235 1991)

THIS page

Skirt with Knife Pleat in Off-White Wool Gabardine, £2,080, Shirt with Balloon Sleeves in White Light Linen, £900, both Hermes (as before)

OPPOSITE page

Rayon Dress, £1,840, Antonio Berardi, antonioberardi.com

Make Up

All make-up by Victoria Bond using Chanel Perfection Lumiere Velvet and S 2014

Hair

John MacPherson for Johnny Hair London using Redken

HAIR ASSISTANT Kat Vucicevic

Model

Georgia at Premier

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for HER:

the knowledge AN ESSENTiaL ROUND-UP OF NEED-TO-KNOW NEWS & THE LATEST IN LUXURY LIFESTYLE

Blanched Fashion

Tiger of Sweden / Jeans has launched a monochrome antidote to summer fashion’s kaleidoscope of bright colours. For this season, the brand broke away from its signature clean lines and neat tailoring to create a collection that’s somewhat more worn around the edges. Loosely-knitted jumpers, draped dresses and scrunched tops in neutral greys, stony-whites and washes of black. It’s comfortable clothing on the right side of grunge that’s ideal for off-duty wear. D Spring / Summer 2014 Lookbook Jeans, Tiger of Sweden, Jubilee Place

Hot Stuff Because Ellis Faas’ Hot Lips are so powerfully pigmented, the lightest application seals lips with a deeplymoisturising flush of colour. Long-wearing, non-greasy and encased in a sleek silver pen, the only hitch comes when you have to choose between the nine shades. D Hot Lips, £22, Ellis Faas, ellisfaas.com

Designer Digs To celebrate 2014 FIFA World Cup Brazil, online retailer yoox.com has teamed up with 11 fashion designers to create an exclusive collection of 11 uni-sex World Cup tops. The Yoox Soccer Couture designers come from each of the qualifying continental zones and include Opening Ceremony and MSGM. Masha Ma designed the top for China with a vivid splash of red and black. All are available from the end of May and throughout June and July.

Join The Fold Dressing for work in hot weather, between the hot sun outside and ramped up air-con inside, can be testing. Fortunately, The Fold London – makers of stylish workwear for women – has launched its Spring / Summer collection. The range features a modern palette of pinks, peppergreys and the odd bolt of cobalt blue. Star pieces include the asymmetric Houston shirt inspired by a Japanese kimono and the Camolet dress with its figure-enhancing tailoring, including a wrap-around waist and elbow-length sleeves.

D #yooxsoccercouture Sweatshirt, £100, Masha Ma for China, yoox.com

Barbara Casasola for Brazil

D Spring / Summer 2014, The Fold London, thefoldlondon.com

This June we love

the summer scent Prada has reinvigorated its coveted Candy perfume with sparkling, floral notes to create the pretty, flirty and uplifting Prada Candy Florale – a must-have summer fragrance.

For its unique capsule collection, Marni has collaborated with three upcoming artists to create bright, colourful accessories.

OPI’s fun new Neon collection sports colours that require sunglasses.

D Prada Candy Florale, £51.50 for 50ml,

D Marni Artist Collaboration Bag,

D Down To The Core-Al, £11.95, OPI, Waitrose

Prada, Boots, Canada Place

£200, Marni, marni.com

Food, Fashion & Home, Canada Square

The Unique bag

the finishing touch

For Her | STYLE

If It Suits Designers, celebrities and, most importantly, women, love the female suit. Sleek, empowering and smart worn day or night, female power dressing has never looked stronger

WORK

For work it’s all about picking a luxe fabric, such as 100 per cent wool or silk, that will look polished all day.

Adelle Grey Tonic Jacket, £129, T.M.Lewin, Canada Place

Gala Twill Blazer, £375, Helmut Lang, net-a-porter.com

Hugo Boss Rose Gold Camille Watch, £229, Michael Kors, Jubilee Place Paul Smith

DAY

A light suit worn effortlessly over a white shirt can be instantly vamped up by swapping flats for heels.

Rachel Grey Tonic Trousers, £75, T.M.Lewin, Canada Place

Jersey Tuxedo Shirt, £98, ME+EM, meandem.com

Edie Lizard Black Pumps, £159, Jemima Vine, jemimavine.co.uk

PLAY

A tuxedo jacket will drape with nonchalance while projecting nighttime glamour.

Matthew Williamson Navy Tailored Tuxedo Jacket, £775, Cédric Charlier, avenue32.com Black Sandals, £POA, Hugo Boss, hugoboss.com

Knot Disc Detail Leather Clutch, £1,335, Bottega Veneta, matchesfashion.com

june 2014 CW 59

STYLE | For Her

Beauty Notes from Backstage  A peak behind the curtain at the beauty looks on the Spring / Summer 2014 runways 

Michael Kors Sporty, sexy, effortless beauty was the style of Michael Kors’s Spring / Summer 2014 runway, where the brand debuted its Michael Kors Fragrance & Beauty Collection. Strong, groomed eyebrows were contrasted with messilypinned hair. For warmth, two of the Bronze Powders were blended, then eyes were subtly defined with taupe shadow and a light coat of brown mascara. Finally, a berry shade was patted on to lips for a just-bitten flush of colour. D Michael Kors Fragrance & Beauty Collection, houseoffraser.co.uk

Bronze Powder Brush, £36

Lip Lacquer in Dame, £23

Bronze Powder in Glow, £34

Chanel

Precision Eyelash Curler, £24, Chanel

Chanel prepped skin with Hydra Beauty Cream to give it the lit-fromwithin glow it needed to compete with heavy eye make-up. Cheeks went without blush, and lips were only slightly tinted with Rouge Coco Baume, so as not to distract focus from the bright streaks of couture eyeshadow. For creating those big eyes at home, perhaps somewhat more demurely, line with Ecriture De Chanel, curl with the Recourbe Cils De Chanel Precision Eyelash Curler and apply Le Volume De Chanel mascara.

Highlighter Face Pen, £27, Éclat Lumière

D Boots, Canada Place

Burberry Burberry played on a modern notion of pretty with glowing skin and a halo of pink eyeshadow created with the line’s Complete Eye Palette. Nails were a big focus, with coats of dusty versions of spring colours, such as yellow and minty-green, applied with glossy lacquer. D uk.burberry.com

60 CW june 2014

Fresh Glow Fluid Base in Nude Radiance No 0.1, £34

Lip Glow in Ice No.00, £18.50

Skin Perfecting Make-up, Vitalumière Aqua, £33, Chanel

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MOTORING | News

The Phantom

BLUEBIRD Rolls-Royce remembers a world speed record legend WORDS: MATTHEW CARTER

olls-Royce is paying homage to one of the UK’s most daring world speed record holders, Sir Malcolm Campbell, with the Rolls-Royce Phantom Drophead Coupé Waterspeed Collection. Built partly to publicise the company’s Bespoke Collection, which allows the well-heeled to develop a car to match their own personal taste and requirements, the Phantom celebrates Campbell’s exploits on water with the Rolls-Royce-powered K3 and K4 ‘Bluebird’ boats in the late 1930s. The car is finished in a specially developed ‘Maggiore Blue’ exterior paint, inspired by Bluebird’s famous colour scheme. Nine layers of paint are applied before an exhaustive process of hand-sanding and the application of a cutting-edge powdered lacquer is undertaken to ensure an impeccable finish. For the first time in Rolls-Royce history the exterior finish extends to the engine, creating a visually striking link to the power behind Campbell’s records. The Drophead’s traditional teak decking to the rear has been replaced by brushed steel with each piece of material individually panel-beaten by hand for 70 hours following initial mechanical pressing.

62 CW JUNE 2014

Fittingly, the car was first displayed at the Bluebird Restaurant on the King’s Road in London – originally the site of Campbell’s Bluebird Motor Company – and will be given its European debut at the famous Concorso d’Eleganza at Villa D’Este on Lake Como. It was on the nearby Lake Maggiore where, on 1 September 1937, Campbell established his legend, setting a world-record speed of 126.33mph in Bluebird K3.

9-16 NOVEMBER THE O2

IF YOU wAnT THE bEST, wHY SETTLE FOR LESS? GET YOUR OFFICIAL HOSPITALITY PACKAGES TODAY www.match-hospitality.com +44 (0) 20 7647 5920 or tennis@match-hospitality.com The players shown are for illustrative purposes only. Qualification and participation subject to ATP rules. Images courtesy of Getty Images and Red Photographic.

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21/05/2014 12:10

The Racing

CERTAINTY Porsche reckons the new Macan 4x4 is more sports car than SUV. And rightly so WORDS: MATTHEW CARTER

tandard industry practice for the press launch of a four-wheel drive SUV involves a not-toodemanding road route plus some gentle cross-country stuff, either along a well trodden path through a wood or, if the car maker is feeling really adventurous, in a quarry. The last place they go to show off a tall 4x4, something that’s likely to lean through the bends thanks to its compliant suspension, is a racetrack. And yet here we are, in the glorious sunshine at the equally glorious Goodwood circuit in Sussex, ready to drive the new Porsche Macan SUV on track. Yes, there’s also a road route, but the roads around VEHICLE SPECS here are almost as fast and CAR: Porsche Macan S demanding and there’s no stop PRICE: £43,300 for either a wood or a quarry ENGINE: Front-mounted, along the way. 2,997, V6-cylinder petrol, Porsche obviously thinks the twin turbo POWER: 340 hp PERFORMANCE: 157mph max, 0-62mph in 5.4 secs DRIVE: Four-wheel drive, seven-speed PDK double clutch automatic

Macan is different, a feeling underlined by the short film we are shown about the development of the car. Throughout the film, Porsche emphasises how sporting the Macan is and how the dynamic benchmark during the engineering process was not a rival 4x4 but the legendary 911 sports car. Now, being a cynical journalist my initial reaction is to say Porsche must be talking nonsense. Not even the company’s undoubted engineering genius can defy the laws of physics, surely. The next few laps are going to involve degrees of body roll reminiscent of a racing yacht during Cowes week. Oh my goodness, how wrong can I be? I start in the most potent of the Macans on offer, the 400hp twin-turbocharged 3.6-litre Turbo. After a couple of acclimatisation laps it’s time to change the suspension settings from Comfort to Sport Plus and go for it. Body roll? None to speak of. Grip? Astonishing. Handling? More like a Cayman sports car than a

Review | motoring

Cayenne SUV, Macan’s big brother. Performance? Breathtaking. With 400hp on tap, this is the most powerful compact SUV around and over the fastest part of the course I see more than 140mph on the speedo. At our legal limit, the engine runs barely above tickover. It’s much the same story (albeit at slightly lower speeds) in the Macan S, which confusingly is also a biturbo but doesn’t get the badge on the boot. It has to ‘make do’ with a 3.0-litre V6 engine and a mere 340hp. After a dozen or so laps, it’s time to take stock and let the turbos and brakes cool down a bit after their bashing. The Macan – the name is derived from the Indonesian word for tiger apparently – is Porsche’s fifth mainstream model and its second 4x4 after the Cayenne. It’s about the size of an Audi Q5, which is logical as it is based on the Audi’s architecture… though Porsche is at pains to tell you that it shares only 30 per cent of its parts with the Q5. The rest is pure Porsche, which goes a long way to explaining why it handles and performs so much better than the Audi. The Macan range is three strong, with the £59,300 Turbo at the top of the tree. Underneath come the petrol-powered Macan S and the Macan S Diesel, both selling at £43,300. The Diesel is expected to grab the lion’s share of sales (around 60 per cent) with the two petrol models taking 20 per cent each. Time to see if it’s as good on the road as it is on the track. And the answer is a resounding yes. Perhaps the most astonishing thing is how supple the ride is out on our pockmarked back roads. Normally a car with big wheels – both S models have 18-inch alloys as standard, but these press cars are blessed with optional 20-inch (petrol) and 21-inch (diesel) alloys – delivers a jittery, teeth-rattling ride. Not here. Even with the Sports Plus programme in use, the ride is remarkably supple while the grip remains extraordinary. And the performance is if anything even more dramatic out here in the real world. I try the Diesel first and come away impressed with the acceleration… around 6 seconds from 0-60mph is

impressive by any standards, but especially in a heavy diesel SUV. And then I have a go in the Macan S petrol and the Diesel is immediately discarded. While the Turbo is undoubtedly quicker, the performance from the S is real-world rapid… putting it another way, you simply don’t need the extra power of the Turbo unless you are going to spend your entire time on the racetrack. This performance is matched by the excellence of the seven-speed Porsche PDK double clutch automatic transmission, which looks after gearshifts faster and more smoothly than a human could ever manage. Powerful brakes, accurate ‘feel-some’ steering and a rear-drive bias make driving a pleasure while the practical side of the car includes a roomy boot and ample space for five adults in the cabin. Porsche’s ergonomics are among the best in the business and while the cockpit is button heavy, it just works… apart from the buttons mounted above the driver’s head, that is – they are too fiddly. I reckon it looks pretty good, too. Design cues are taken from the Cayenne, notably the bluff nose, but there are nods to the 911 and the 918 hybrid supercar. And off-road? Ah, well, here I haven’t a clue as there was no opportunity to try it off the beaten track. Macan does, however, have an off-road button as standard which automatically alters the shift pattern and sends more torque to the front wheels for ultimate grip. And if you specify the optional air suspension, the ground clearance is increased by 40mm when the button is pressed. In other words, it should be fine for off-roadlite driving. When Porsche launched the Cayenne back in 2001, it rapidly became the company’s fastest selling model. The Macan will do even better. In fact, I’d buy one tomorrow, but for one thing. The entire first year’s production destined for the UK is already sold out. Put an order in now and you’re going to have wait until May or June next year before you take delivery. All I can say is: get your name down now. It really is that good.

Powerful brakes, accurate ‘feelsome’ steering and a rear-drive bias make driving a pleasure

JUNE 2014 CW 65

DAYTripping For the speed freaks amongst us, there’s only one place to release pent up frustration – the race track. But the usual ‘race days’ on offer often fail to live up to expectation. Fortunately there’s a new way for enthusiasts to get their thrills WORDS: Ryan Boroff

am not a natural racing driver. By the time I’ve come to the end of the first sighting lap, I’ve usually forgotten what the first corner looks like or even which direction it heads in to. I find myself agitated and over-excited. I become anxious and worry about how well I’ll drive, heaping pressure on myself. Mine is not the cool and confidently unemotional personality of Lewis Hamilton or Sebastian Vettel. Mine are not the levelheaded qualities of a winning racer. These are the anxieties of an amateur, wannabe racing driver. They are, though, the idiosyncrasies of someone who loves driving fast. Speed is addictive, as any petrolhead will tell you. But on public roads it is fraught with challenges, not least an unwelcome encounter with the police. A far better place to release your inner speed demon is upon the controlled and altogether safer environment of a race track. With no oncoming traffic and no speed

limits; with corners with gravel run-offs that forgive you for your over exuberance. There are other obstacles. Motor racing has always been expensive, often prohibitively so. Many otherwise rational men have lost the shirts from their backs as the lure of driving fast and chasing the adrenaline fuelled dream of winning on the racetrack has undone them. Motor racing has largely remained the preserve of the wealthiest, or the luckiest, or both. Which is why I don’t race and why any time on a race track is welcome. I’m at Silverstone at a Ginetta media day created to mirror the experience of the Ginetta Racing Drivers Club (GRDC). Ginetta wants to open Motorsport up to a wider audience. The GRDC is an entry-level club for drivers with limited track driving experience or for amateur, wannabe racing drivers like me, in other words. People who love the idea but for whom starting out in motor racing seems rather daunting; people, perhaps, who have had their fill of

Feature | MOTORING

track days and want to progress to the next level. For £27,250 the GRDC package includes ownership of a road-legal Ginetta G40 GRDC car with 12 months road tax, two track days of one-to-one race tuition, an ARDS package to get you a competition racing licence and entry to four British GT race weekends. The car comes ready-to-race with an FIA extinguisher, seat, harness and engine kill-switch. At Silverstone the format is familiar: some forms to sign, a driver briefing, the requisite fitting of overalls and helmets. Then an impatient wait in line before my turn arrives. I’m escorted to an orange G40R which shimmers and clicks as the car cools in the sunshine. I slide into the passenger seat. My instructor introduces himself and explains the format. We’re going to take a spin around for a couple of sighting laps, one slow, one much quicker. Hands reach inside the cockpit and buckle me in to the racing seat. Straps are pulled ever so tight. The G40R fires into life and rumbles away, then my instructor slips the car into gear and we’re off for two laps of the track. He shows me the correct driving lines, talks about which gear I should be in and when I should be braking and how hard. “Careful this is a sharp corner”; “Here is the chicane, remember you need to be here in order to avoid trouble over there”; “Stay on the power and let it come round”; “Second gear here and then feed on the power gradually as you exit” and so on. It’s a masterclass in discipline and concentration. I listen to every single word - before forgetting almost everything. “Any questions?”, he says. I ask him to tell me exactly how many laps I have. I learnt long ago that I can’t bear the disappointment of coming in earlier than I thought I would, as I return to the pit lane without fulfilling my full potential, without nailing a lap, without even nailing one corner. You see

racing is addictive. Even for those with limited talent. Lacking talent I may be, but not the tools. I climb into the driver’s seat of the G40R for three laps and then out of the G40R and into the lighter weight G40 GRDC car for a few more. Powered by a 1.8-litre Ford Zetec engine which pushes 135bhp to the rear wheels, the GRDC car is capable of reaching 60mph from start in six seconds and on to a top speed of 140mph, which is more than possible at a track like Silverstone. In reality it feels a good deal quicker as you are seated so low to the ground. It is noticeably more track focused than the G40R. The unassisted steering is accurate and there’s a short throw on the five-speed manual gearbox which is operated via a race car heavy clutch. Under full throttle the car is loud, with loads of grip, even on road tyres, as we were. Weighing just 820kg the car drives and feels very much like the wonderfully old-school style racer it is and it’s genuinely thrilling on track. And all the time accompanied by an exhaust note which spits, barks and howls back at you. Four laps in and we take a break. I find myself going over my experience on track. I nailed a few corners and completely messed up a few of the others. Though I may have strived to attain the seamless flow of man and machine working in harmony, it mostly eluded me once again. My limitations have been cruelly exposed. I should be disheartened, but I’m not because I did make progress. My improvement, albeit gradual, is encouraging. The proverbial bug has bit me. Instead, I want to buy a G40 GRDC car and get back on the circuit. I will spend hour upon hour learning every rise, drop, corner and camber at Silverstone. Then I will be ready, ready to race. Unleashing my inner racing driver, which will emerge from these racing overalls fully-formed. D ginetta.com/grdc.php

JUNE 2014 CW 67

Motoring | FEATURE

The Famous Five

There are some things that are essential in life. For every true car enthusiast, there are five cars that they should own, or at least drive, once in their lives WORDS: Neil Briscoe

The Duetto is there to be enjoyed, not to bludgeon physics into submission on the way to another lap record Alfa Romeo Duetto Everything sounds better in Italian. Whether it’s a chef writing out his menu or the soft words of your lover in your ear, Italian takes the crude sounds of English and Latin and softens them, stretches them and dips them in gelato. Everything in life should be at least a little Italian. You want proof? Try saying four-door saloon in Italian. It comes out as Quattroporte, and heavy on the rolled Rs. If you want to say ‘two-seater’ then it’s Duetto, and instantly you are on the Med, the sun caressing your skin and the breeze lightly ruffling your hair as you flick down the gearbox and let the barking four-cylinder engine have its head. The original Alfa Romeo Spider was the Duetto, designed by those enduring motoring artists Pininfarina, it was low, lithe and impossibly pretty. The early versions had a pert, perfect rear with a tapering shape that became known, almost inevitably, as a boat-tail. Later versions with the chopped-off ‘Kamm back’ are more aerodynamically rigorous, but far less good looking. The boat-tail is Sophia Loren in a summer dress. The Kamm is her in a boiler suit.

The engine is Alfa’s legendary 1750 four-cylinder unit which can snarl, bark and pull with the best of them. It’s never a true performance car in the way that a Porsche 356 is, but then that’s not the point. The Duetto is there to be enjoyed, not to bludgeon physics into submission on the way to another lap record. As for reliability? Alfas are notoriously fragile, but some years ago I had to drive one right across London. It was a boiling-hot July Friday, with record temperatures and London traffic predictably snarled. Car after car, from BMW to Ford to Volkswagen, was pulling off the road in front of me, steam cascading from overwhelmed radiators. The little Alfa just kept on plugging, adoring the Italianate heat and sunshine, as happy to be out as a cheery Labrador.

Get it right: Get a boat-tail, get it in red. Simple.

Get it wrong: Kamm-tails and plastic bumper cars are less pretty; right-hand-drive production dried up in the Seventies.

JUNE 2014 CW 69

You’re instantly connected to the Monte Carlo Rally, to Paddy Hopkirk, to Michael Caine and ‘blowing the bloody doors off’

Land Rover Series III With everyone from Greenpeace to the government bemoaning the rise of the Chelsea Tractor, it’s high time we reassessed our use of and desire for 4x4s. For a start, if you’re going to buy one, it should be an actual 4x4 – one with four-wheel drive, ground clearance, steep approach and departure angles. It should be, in other words, a Land Rover – the older the better. It may seem odd to recommend a car with such wayward steering, terrible brakes and a lack of handling. But that is the beauty of the Land Rover – you stop caring about all of that, start concentrating on finding a rhythm between man and machine and start slowing down a bit. Comfortable? No. Fast? Certainly not. But rugged, gorgeous (in a blocky sort of way) and most of all, useful. After all, any of the other cars on this list are liable to slither and slide when the weather turns to sleet, snow or ice. They can’t cope with lumpy country roads or dirt tracks and if you need to shift a broken washing machine, a 911 or Alfa Spider is useless to you. The Land Rover can take all that in its stride. You may live in a trendy city apartment or a suburban semi but in a Series III you’ll feel as rugged as Bear Grylls. Better still, there’s no finer way of showing the hordes of soft-roader-owners the error of their ways. All they can do is the school run. You can cross the Kalahari.

Get it right: Get a Series III long wheelbase, fit a winch and a snorkel. Never clean it.

Get it wrong: Buy a RAV4 and think you look rugged.

Mini Cooper It’s been repeatedly voted the most important and most beloved British car of all time, a car that stunned the world in 1959 with its clever packaging and which went on to be a dominant force in motorsport. Once upon a time, we all knew someone who’d owned a Mini, or passed their test in one, but the passing of the years has thinned those numbers. It’s time to rectify that. Perched in front of that almost-flat steering wheel, the windscreen just inches from your face and nothing but a narrow door card between you and the outside world, you're in motoring heaven. The way an original Mini reacts to its steering has never been bettered and if the old go-kart-handling adage is well-trodden to the point of being threadbare, it’s also true. The 1275 engine grunts and farts with the sort of aural character missing from today’s dreary diesels, but if you can locate a convenient gear in the vague, uncooperative gear box, then you’re doing well. The ride will bounce you up into the roof lining with every bump, and the boot is tiny – frustrations that will evaporate when you string together a series of tightening corners, twitching the Mini this way and that. Owning one isn’t just about having a car, it’s possessing a little slice of history. You’re instantly connected to the Swinging Sixties, to the Monte Carlo Rally, to Paddy Hopkirk, to Michael Caine and ‘blowing the bloody doors off’. Best of all, it’s classless. You can have a shiny, restored slice of perfection for thousands, or a ratty MOT-refugee for buttons. Both will provide an equal amount of fun.

Get it right: Fit as many extra spotlights, bonnet stripes and bucket seats as you can.

Get it wrong: Avoid the later bigger, wider wheels – they spoil the chassis with too much grip and insufficient flexibility.

Comfortable? No. Fast? Certainly not. But rugged, gorgeous (in a blocky sort of way) and most of all, useful

Motoring | FEATURE

Owning a 911 is about more than just having a great car, it’s about being a brief footnote in the story of the greatest sports car ever made

Porsche 911

You have more than fifty years’ worth of 911s to choose from, so finding one to suit your budget and requirements shouldn’t be too hard. The true cognoscenti will tell you that the only one worth having is a 1973 Carrera 2.7 RS. They’re right of course – the 2.7’s legendary razor-sharp responses and properly racetrack-ready chassis have for decades defined how a 911 should feel. Good luck affording the six, even seven-figure budget needed to buy an original one now though. How about a truly classic one then? A pre ‘big bumper’ model from the late 60s with the 2.4-litre engine and delicate chrome trim? That’s the 911 at its purest – simple, light, quick (but not outrageously fast) and actually practical too, thanks to rear seats that real people can briefly squeeze into. Later models got faster, became more complicated and lacked the simple loveliness of this original model – not to mention the fact that Steve McQueen prominently drives one (midnight blue, Fuchs alloy wheels) in the opening moments of Le Mans.

You could go all 80s and get a 964-era Carrera or Turbo (has to be in Guards red, has to have the whale-tail spoiler) or you could go for out-and-out modernity and have a current 991-generation; a car that can stand comparison with the greatest. My pick, though, is the 997-series of 911, which was replaced in 2011. Fast enough to be fun, strong enough to be useable, fitted with a near-perfect steering set-up and with that wayward rear-end finally tamed. For an enthusiast, owning a 911 is about more than just having a great car, it’s about being a brief footnote in the story of the greatest sports car ever made.

Get it right: Late 2000s 997 Carrera 2 S. Dark metallic. Black leather. Manual gearbox. The simpler you keep your 911, the better.

Get it wrong: Anything with a bodykit; any of the convertible models; anything with a ‘Turbo Look’ body that isn’t a Turbo.

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FEATURE | Motoring

The most perfect car ever? Hell, yes; an evocative name, a beautiful shape, rigorous engineering and all-season practicality

Mercedes-Benz SL (W113) I’ll brook no argument, this is the most perfect car ever made. First and foremost, it’s the prettiest. This is, remember, a car from a car maker that was still, in 1963, growing and expanding. Mercedes was relatively humble at the time it built this second generation SL, yet the shape (penned by legendary stylist Paul Bracq) stands easy comparison with any contemporary Ferrari, Maserati or Alfa Romeo. You want proof? In spite of being one of the world’s largest and richest car makers, Mercedes has never since equalled its styling… There’s more though. It may be based on the plain Jane W111 ‘Fintail’ Mercedes saloon, but the SL is uncommonly good to drive. Not as sharp as some sportier rivals, but still accurate and beautifully stable at high speeds. The massive steering wheel feels incongruous in a supposedly sporting car, but you soon learn to guide the SL with your fingertips, letting the car do the heavy work and allowing you to relax, even as you enjoy the road. Its combination of soft-top and removable hardtop (the concave shape of which lent the model its

72 CW JUNE 2014

sobriquet of ‘Pagoda Roof’) make it practical, while Mercedes’ iron-fisted, mid-60s quality control means it’s one of the few classic cars that you can truly consider using as a daily driver today. The 2.3, 2.5 or 2.8-litre engines (giving us the 230 SL, 250 SL and 280 SL names) are all lazy, low-revving straight-sixes but they can still wind the SL up to some serious speeds, and that unstressed nature makes them naturally reliable. But most perfect car ever? Hell, yes; an evocative name, a beautiful shape, rigorous engineering and allseason practicality. With ever-increasing values, they even make a solidly-sensible investment. Tell me you can think of anything better…

Get it right: Stick with simple colours (silver is best) and the optional automatic gearbox is desirable.

Get it wrong: Assume that the later ‘Bobby Ewing’ SL is anywhere near as pretty or desirable.

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Photography by Mike Petch

his year, there’s been a raft of hybrid sportscar introductions, which have both petrolheads and eco warriors – unusual bedfellows for sure – jabbering with delight. Surely this latest trend in supercar design is some kind of fantastical dream? It’s not, even though the term ‘eco supercar’ ought to be an oxymoron. Most supercars are powered by thirsty V8 or V12 engines which drink fuel by the yard. Until now, sustainability has never been at the forefront of supercar development. Yet BMW, Ferrari, McLaren and Porsche have each introduced a hybrid supercar. In actual fact, these cars are so super that the super prefix is no longer enough, instead hypercar is being used as the more appropriate moniker. Whichever, the message is quite clear: green cars can be exotically sexy too. Each of these cars may be different in how its hybrid technology is deployed, but each is capable of delivering astonishing levels of performance yet still be low polluting and fuel-efficient. All but the Ferrari can be powered by emission-free, electric power only.

This means you could quietly sneak out of the City in electric-only, clean as a whistle mode – while sneaking under the radar of London’s congestion charge – before hitting warp speed once the countryside opens up for your motoring pleasure. This combination of cleanliness, economy and ultra performance is no whimsy. Motor racing has been a test bed for hybrid technology for some time, as carmakers have raced to respond to increasing regulatory pressure to reduce greenhouse emissions. Hybrid technology is not the most obvious choice for supercar deployment, as weight reduction is usually paramount. The lighter a car is, the quicker it can accelerate, stop and turn. Hybrid components – including motors, generators and batteries in particular – add weight. Even though these components may enhance power and improve fuel economy, the additional weight means the car needs more energy just to move itself. Which is not a good place to start in supercar design. Yet the results are quite marvellous:

green Zone

Absurdly fast, yet lean and green – the eco supercar is with us WORDS: Matthew Carter

Review | MOTORING

McLaren P1 The McLaren F1 was the fastest production road car ever made and nobody would have predicted, even five years ago, that its modern day successor would be a hybrid. With McLaren’s racing history, it’s unsurprising the P1 is constructed like a F1 car, with a carbon fibre exterior and (mostly) carbon fibre interior. The car is powered by a 3.8-litre twin-turbo V8 petrol engine, mounted midship, which produces 727bhp. This is supplemented by a 176bhp lowweight electric motor such that the combined output is 903bhp. The P1 has a steering-wheel mounted rocket boost button with the official name Instant Power Assist System (IPAS). Press this and all the electric motor’s energy will shove alongside that of the engine’s, ensuring the P1 can reach 62mph from standstill in less than 3.0 seconds. Top speed is an eye-watering 217mph. CO2 emissions of 200g/km may not be very clean but this drops to 0g/km when driven in electric only mode, something the P1 can do for 10 miles or so. Pricing begins at £866,000 and only 375 will be made so don’t expect to see many of them around town.

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Ferrari LaFerrari It’s fair to say Ferrari took a quite different approach for its LaFerrari hybrid , the least ‘eco’ car on this list. Only 499 hybrid LaFerrari cars will be built at Maranello and they’ve all been sold. A successor to the legendary Enzo, Ferrari has used racetrack developed hybrid technology to augment the car’s performance rather than focus on sustainability. This is a car that uses its hybrid system like a turbo charger rather than as a method of reducing CO2 emissions (emissions are a significantly less green 330g/km). The LaFerrari is a ‘mild’ rather than a full hybrid and it doesn’t have a fully electric mode, though it does recapture excess energy under braking or whenever its V12 engine provides more torque than required. Instead, its hybrid system uses two motors. The first provides ancillary power and the other supplements 161bhp to the 789hp mid-mounted 6.3-litre V12. The petrol-electric powertrain thus delivers a whopping 950bhp to the rear wheels. The 0-62mph sprint can be despatched in less than 3.0 seconds and a maximum speed north of 220mph is possible. Price is in the region of £1m.

Porsche 918 Spyder Surely Porsche’s 918 Spyder can lay claim to being the most beautiful car here, but it may also be the most versatile. Its plug-in petrol-electric powertrain unites a 572hp 4.6-litre V8 engine with two electric motors. The first delivers a maximum of 114bhp to the front wheels. The other delivers 127bhp to the rear wheels. Together with that V8 engine, total output is 784hp. The official 0-62mph sprint time for this mid-engined targa in top-end Weissach spec is 2.6 seconds, though the car can do the same sprint using electric power only in 6.2 seconds. Top speed is 201mph. Porsche claims fuel consumption in the region of 94mpg and that its hybrid should be able to run in purely electric mode at speeds of up to 93mph for up to 15 miles. Emissions figures are similarly impressive with a tiny 70g/km of CO2. How sustainable these cars are is contentious. In the real world it’s possible that the fuel economy of these cars could be very similar to existing powertrains, unless they are plugged in and charged from the mains when a chance at such astonishing economy is possible. But then that shouldn’t be the question. The fact that these cars exist at all is the wonder. Their technology should trickle down to lesser vehicles over time. Which means they have the potential to change the automotive landscape for good. The new age of the supercar isn’t golden, it’s green. How long it lasts remains to be seen.

Review | MOTORING

BMW i8 BMW’s i8 may be more than half the price (£99,845) of the more expensive offerings here, but it is a supercar none the less. The i8 has the potential to transform how future cars are built. BMW went for a radical new way of building the car to ensure its lower weight offset the additional weight of its hybrid components. The car has a complex, multi-layered design constructed from carbon fibre reinforced plastic (CFRP) and aluminium and the powertrain components – including the batteries – sit in a capsule below the CFRP passenger cell. The resulting weight savings have been massive. Instead of a large, heavy V8 engine, the car is powered by a 231bhp 1.5-litre three-cylinder engine, which is Lilliputian in supercar terms and unprecedented in history in terms of its deployment. This engine drives the rear wheels while a 131bhp electric motor drives the front. The result is an uber-efficient sports car, capable of accelerating from 0-62mph in 4.4 seconds and on to 155mph with combined fuel economy of 134.5mpg. The car can run on emission-free electricity for about 15 miles and emits just 49g of CO2. Most compact city cars pollute more than this and the i8 wins out on sustainability. Oh, and you can plug it into the mains to charge it.

june 2014 CW 77

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BUSINESS

We keep tabs on the movers and makers shaping the worlds of business and finance

Hope You Like Heights

The Medical Defence Union (MDU), the UKâ&#x20AC;&#x2122;s leading medical defence body, has leased 47,000 sq ft on levels 32 and 33 of One Canada Square for a term of 15 years. The MDU is expected to move from its South bank offices to Canary Wharf in late 2014 or early 2015. Joining the MDU in the same skyscraper is the National Bank of Abu Dhabi. The bank is moving from its base in Knightsbridge to level 28 and will rent 11,500 sq ft with a ten-year term. The two join a spate of moves by major companies to Canary Wharf. Collectively, this new crowd, which includes EY, Secure Trading and ICM Capital, has increased the occupancy rate in the Canary Wharf Group portfolio to 97.3 per cent. Welcome to the neighbourhood. D canarywharf.com

NEWS 3G BOSS Channel S Television UK recently announced a major new TV Show in association with Canary Wharf Group plc. 3G BOSS is a reality TV talent hunt show designed to find the next generation of young entrepreneurs. Young people between the ages of 15 and 18 will be given a series of tasks which will take place in leading businesses around London, including those on the Canary Wharf Estate. At the end of the 3G BOSS series, one candidate will be crowned the new “3G Boss”. The prize includes a paid internship at Canary Wharf Group plc. Channel S will record the show over the summer and it will be broadcast in Autumn 2014. Howard Dawber, Strategic Advisor at Canary Wharf Group said: “This is a chance to showcase the next generation of young business people and entrepreneurs. It is part of Canary Wharf Group’s commitment to work with the community.”

The Marathon at Canary Wharf On 13 April, Canary Wharf hosted miles 18 and 19 of the world famous Virgin Money London Marathon where spectators lined the streets, cheering the runners onwards to the finish line. The atmosphere across the Wharf was electric, as competitors took on the legendary challenge in front of thousands. Canary Wharf occupies a hugely important position in the overall trajectory of the Marathon for both runners and supporters, as it is often during the 18th and 19th miles that competitors truly ‘hit the wall’. Runners from Canary Wharf Group managed to raise a hugely impressive £10,000 for their respective charities: Whizz-Kidz, NSPCC, Macmillan Nurses, Mitchell Huth Memorial Fund, Royal Marsden, Parkinson’s UK, WaterAid and British Heart Foundation. The beautiful weather on the day meant that Canary Wharf’s host of buzzing bars and restaurants were filled with supporting friends and loved ones taking some well-deserved respite from the summer sun.

Canary Wharf gets behind cycling Canary Wharf Group’s ongoing efforts to promote sustainability continue as cycling is promoted across the estate. The secure cycle compound located in Canada Car Park has reduced its prices by 50 per cent in the hope that more people will choose to cycle to the area. For £12 a month, a cycle parking permit can be purchased, which compares very favourably with the cost of public transport in and out of the area. Other improvements for cyclists are taking place on the estate simultaneously, with a new cycle pump station having been installed on West India Avenue which is free to use. Talks are also ongoing with TFL to extend the Barclays Cycle Hire Scheme on the estate for those who need to make a quick journey by bike.

canarywharf.com

@yourcanarywharf

News | BUSINESS

business digest 5 minutes with… Jenny Dawson, Founder of Rubies in the Rubble Jenny Dawson founded Rubies in the Rubble in response to the millions of tonnes of fresh fruit and vegetables that are discarded each year for being misshapen or too ripe for supermarket shelves. Rubies in the Rubble makes handmade chutneys and jams from the surplus and is stocked in Waitrose. Dawson, at just 27, is the winner of 2014’s Veuve Clicquot’s Business Woman New Generation Award. She talks to Canary Wharf: Is working in the sustainable sector different to any other business sector? Yes and no. You have two reasons and challenges to make your work a success

– the normal challenges that come with being in business and the social goals and achievements. Who in business do you admire? Karen Lynch at Belu (an ethical bottled water company) is an incredible businesswoman with a heart for change and a head for business. Did you have a business background before starting the company? Not particularly. My last job was in a hedge fund, so very different. I did a Masters in mathematics but it was mainly Pure Maths so not applied at all! I was very naive

when I started, but I think that can be a plus – you become fearless as you don’t know what’s to come or have the worries that those in the know might have.

Hats Off

Crossrail Increases Growth Research has found that the growth in activity levels of areas within a mile of the Crossrail stations is almost double the London average in 2013. Transactions within 500 metres of Crossrail stations grew by 23 per cent in 2013, while those within a mile grew by 21 per cent in comparison to the London average of 13 per cent. The report, by Hampton International, analysed activity and prices along all stations on the Crossrail line to identify its impact on the current and projected property market. D hamptons.co.uk

Although not hard to miss, look out for the threestorey-high bowler hat-shaped pop-up venue in Paternoster Square, which will be home to more than 100 events during the City of London Festival. Highlights include comedy sets from the likes of Russell Kane and Mark Watson, and a circus (featuring acrobats and aerialists, not clowns). There will also be a series of nine debates focusing on the financial, political and ethical implications of life in the Square Mile. Out of the City, there will be more than 120 free events throughout London, including ones at Canary Wharf’s Cabot Square, Canada Square Park and Jubilee Gardens. D The Bowler Hat, Monday 23 June to Thursday 17 July, colf.org

Invest in Technology UK technology and financial services firm True Potential is trying to encourage a goal and impulse-based saving culture with the launch of ImpulseSave ‘top-up’ technology. A first of its kind, it allows users to top-up their savings and investments from as little as £10 on the go with an app. David Harrison, managing partner at True Potential, says: “Enabling impulse saving has been the holy grail for many in the digital finance market. High Street banks are reducing their financial advice services, leaving a gap to be filled at the entry level of the market. We believe that True Potential Investor complements the existing financial advice market.” D tpllp.com

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EMERGING ECONOMIES:

THE MINT SERIES In a four-part series, we examine the rise of the MINT nations, their booming economies and what’s to come in 2014. Our final instalment: T is for TURKEY WORDS: JOSEPHINE O’DONOGHUE

s the recession draws hopefully to a close, economists the world over are looking forward to the next decade of economic growth and predicting which nations will offer the most promising future returns. While you’ll probably recognise the term BRIC (coined by economist Jim O’Neill 13 years ago, to describe the collective nations of Brazil, Russia, India and China as emerging economic players of the ‘noughties’) – this time, the ones to watch are the MINT nations. O’Neill predicts that Mexico, Indonesia, Nigeria and Turkey will rise to the top as the next big game-changers of global economic development. Put simply, these four nations are predicted to experience economic booms based on their fast-growing populations and large young workforces who are keen to be educated and employed. The BRIC nations and other countries who have led the economic markets for the

last decade (India and China, for example) could soon suffer economically with both ageing and shrinking populations, creating slower growth rates overall. In comparison, Turkey, for example, has an average age of 29 across its population of 74 million and has what many would consider the ‘perfect’ location: placed at the gateway between Europe and Asia and within easy reach of North Africa. These factors have already helped to nearly quadruple the country’s GDP, from US$230 billion in 2002 to about US$800 billion in 2014. In short, if O’Neill’s principle is correct, these four MINT nations could experience the same double-digit growth rates seen in China in the midnoughties if their current economic status, population demographic, geography and resources are wellmanaged. And that could create quite a shift in the balance of global development.

MINT Series | BUSINESS

’Neill asserts that Turkey’s most valuable asset is its location between the East and West “because they know how to deal with us in the West, with the Middle East, with the Russians. “We all know that Turkey straddles two continents looking east and west – but recently it’s begun looking south and north too,” he says in his own Radio 4 feature on MINT nations. “It has extended its sphere of influence deep into Africa, and its even moved into the power vacuum left by the demise of the Soviet Union in Central Asia. In short, it’s becoming a regional power.” Henrietta Seligman, an analyst at Somerset Capital Management, echoes this belief to The Telegraph. “Being positioned between Europe and Asia and the potential to act as a gateway to the Middle East offers a compelling background to investing in Turkey,” she says. “The country offers a deeper stock market with more well-managed companies than many of its eastern European peers.” If we look back to the 90s and noughties, it’s clear to see that the economic uprising in Turkey has been impressively quick. Nicknamed a ‘catch-up economy’ by many Turks for the preceding 20-30 years of economic sluggishness, the nation now boasts a steep jump in growth. “After a sharp downturn in 19992001, the economy grew by five per cent a year on average from 2002 to 2012” wrote Guardian blogger Jeffrey Sachs last year.

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MINT SERIES: PART IV

“It has remained at peace, despite regional wars. Its banks avoided the boom-bust cycle of the past decade, having learned from the banking collapse in 2000-2001. Inequality has been falling. There is nothing flashy about Turkey’s rise, which has been based on fundamentals, rather than bubbles or resource discoveries. Indeed, Turkey lacks its neighbours’ oil and gas resources, but it compensates for this with the competitiveness of its industry and services.” The growth seems to have sparked the competitive business psyche of the nation into action; as Turkey’s LOW TAX RATES business repertoire expands, Turkey has a relatively it becomes a natural favourable direct tax structure, breeding ground for native with a more competitive tax entrepreneurs, which in turn rate than the average in either boosts the economy further. the G20’s mature or rapidgrowth countries. Indeed, the Rapid credit growth total tax rate has trended down across the Turkish economy over the past seven years – an in the last decade has seen encouraging sign of progress. lending to entrepreneurial Source: ey.com, EY: Advisory, businesses rise significantly; Assurance and Tax Services stable regulatory improvements have made it markedly easier to set up and run a business; and native workers recognise an increase in government programmes to support start-up businesses. “I spent time in Istanbul, where I was wowed by the serious depth of Turkish entrepreneurship, which goes beyond just a handful of start-ups,” commented Elmira Bayrasli for Forbes. “There is a real and serious entrepreneurial ecosystem in Turkey. The Turkish government and other public institutions have done a good job in laying the framework for Turkey’s entrepreneurial ecosystem. Of note is its Ministry of Science, Industry and Technology. It supports technology parks and provides

up to $55,000 in seed capital for entrepreneurs through the Techno-Entrepreneurship Grant Programme.” The Istanbul Venture Capital Initiative (IVCI) is one such fund. “It is a EUR 160 million fund of funds, again backed by TTGV and the European Investment Fund (EIF), as an vehicle to encourage others to take out risk in Turkish start-ups. IVCI director Jose Romano describes it as being a “catalyst to advance the development of […] industry.” It has given a number of largely European and some Turkish investors the courage to gamble on Turkish start-ups,” explains Bayrasli. Of course, like the three other MINT nations, the success of Turkey’s economy is also largely the result of a blossoming higher education system – without which, the economy would stall and stagnate. As you may expect from a booming economic hub, it’s been welldocumented that Turkey’s universities (taught in English) are making big improvements, and institutions such as the school at Ankara is attracting students not only from all over Turkey, but from as far away as Africa and Asia. Harnessing the growing entrepreneurial spirit of the country, many of the universities are also creating – or at least boosting – high-tech companies in fields such

ISTANBUL INFRASTRUCTURE Turkish Airlines is now the world’s fastest-growing airline – a good sign for the nation, which will soon boast the world’s biggest airport. The sixrunway hub will be constructed on 77 million square metres of land near Istanbul and will have a capacity of 150 million passengers a year – 60 million more than Hartsfield-Jackson Atlanta International Airport, currently the busiest in the world. Several other grand construction projects planned for Istanbul include a high-speed train to Ankara, a third bridge over the Bosphorus, and a redesign of Taksim Square.

MINT Series | BUSINESS

continue, as Africa and Asia become robust markets for Turkey’s construction firms, information technology and green innovations.” In short, it seems that alongside the other MINT nations, Turkey’s fortunes are on the up with support as avionics, IT and electronics. from all sides: a young working population, improved Advances in technology are also noteworthy, as education, growing investment, new start-up businesses, Turkey has begun to invest in sustainable technologies. international exports and green innovations to name “The country is rich in wind, geothermal and other but a few of the favourable elements. renewable energies,” wrote Sachs, “and will most likely “Turkey’s economy in the last few years has seen become a global exporter of spectacular growth. In 2000, advanced green innovations.” income per capita was just INTERESTING FACT Turkey’s unique base over $3,500 per head – of industry, construction, today it has nearly trebled services and now green and you can see this growth innovations will serve it well – and the fruits of it – all as market and investment over the place,” says O’Neill opportunities move from the with enthusiasm. United States and western Europe to Africa, eastern “Here in the Istanbul business district, there are huge Europe, the Middle East and Asia. skyscrapers, new apartment buildings, lots of shopping “Turkey has been deft in seizing these new malls, all symbols of this huge growth. The city is soon opportunities, with exports increasingly headed south going to have the biggest airport in the world. and east to the emerging economies, rather than west What’s more – there are no signs of Turkey slowing to high-income markets,” said Sachs. “This trend will down,” he adds.

In 1994, there were just two shopping centres in Turkey; in 2014, there are close to 300

THE JP MORGAN TURKEY EQUITY FUND The JP Morgan Turkey Equity Fund offers investors the opportunity to share in the development of the Turkish economy, which is benefiting from increasingly market-friendly policies, focused monetary policies and productivity improvements. Turkey has favourable demographics, a good geographical position and one of the strongest structural growth stories of the emerging market economies. The fund management team adopts a fundamental, bottom-up investment approach, using local market knowledge and insights gained from frequent company visits to identify those businesses with above-average quality and growth prospects for inclusion in the portfolio. D jpmorgan.co.uk

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Game, Set, Match

Now is the time to book your hospitality for the tennis season finale. Get the best seats in the house with MATCH Hospitality at one of sport's most exciting days of the year

he climax to the men’s professional tennis season, The Barclays ATP World Tour Finals, is returning to The O2 this November. Bringing the world’s best Singles and Doubles players together to battle for the last title of the season, only eight Singles players and Doubles teams will take part. Each player has earned their coveted spot by scoring Emirates ATP Rankings points throughout the season, ensuring that these players are the current best in the world, and that each and every match will be an incredible display of performance and skill. Played using a round-robin format, each player plays three matches as they compete for a position in the knockout semi-finals and beyond. As the official hospitality partner to The Barclays ATP World Tour Finals, MATCH Hospitality is offering unrivalled access to this event, with three different packages: MATCH Private Suites; MATCH Business Seat and MATCH Club, where guests can blend business with pleasure, whether that be entertaining clients, rewarding staff or enjoying time with your family and friends. The MATCH Private Suites can accommodate 15, 18 or 30 guests, and offer unbeatable views of the court, these also include a concierge service; parking; a four-course gourmet buffet; a complimentary bar and allocated private meeting space. The MATCH Business Seat offers guests the best available seats in the lower bowl, a gourmet buffet and drinks reception in a dedicated

Photo courtesy of red-photographic.com

lounge, while MATCH Club, allows guests to enjoy Category 1 seats (the best available) – in a catered lounge with a light-bite menu and, of course, that allimportant complimentary bar. D Barclays ATP World Tour Finals Sunday 9 – Sunday 16 November 2014 (020 7647 5920; match-hospitality.com)  MATCH Private Suite from £7,475  MATCH Buisness Seat from £305  MATCH Club from £175

JUNE 2014 CW 87

Return to

sender Eight months on, Josephine O’Donoghue looks back at the sale of Royal Mail, the Government’s claims and the reality of the figures

t was the opportunity that many investors thought would never materialise – a chance to hold a piece of the 60 per cent stake being sold in the Governmentowned postal service, via the stock exchange. Although the proposal to privatise Royal Mail had reached the House of Commons many times before, riding on the wave of similar moves amongst telecom companies and energy providers, it was knocked back repeatedly – most recently in 2009, with unions emphasising that it was “electorally unpopular, politically unwise, and damaging to the concept of universal service provision” (joint union letter address to The Guardian in 2009). Even Margaret Thatcher, historically remembered as the prime minister who started the sell-off of public assets, stated that she was “not prepared to have the Queen’s head privatised”. But in 2013, the action was finally pushed through, with government officials claiming that privatisation would give access to private capital, improve competitiveness and allow for the full transformation of its business model to reflect the changing demands and uses of the postal service. As budget cuts forecast until 2020 dictated that Royal Mail would not be receiving tax payer bail-outs in coming years, utilising the cash flow of the stock market was seen to be the Government’s only remaining option. In addition, it was widely acknowledged that the sale was encouraged as a win-win solution to the gap in Osborne’s economic plan – around £1.7bn for the October shares, with further sales due later. So has the sale been positively received eight months on? Priced at 330p per share by the Government, prices rocketed to 450p per share in the pre-market auction. According to the BBC, “Royal Mail’s share price rose by 38 per cent on the first day of trading, resulting in an immediate loss to the taxpayer of £750m”; a prophecy come true for ex-PM Harold Macmillan who famously likened the sale of public assets to the Government selling

off the ‘family silver’ too cheaply and to poor effect. At the time, shadow Business Secretary Chuka Umunna stated that the Government had “botched the sale of this treasured national institution”, warning that taxpayers would not forgive the Government if it sold this much-loved institution under value. “The sale was grossly undervalued,” argued Ed Miliband at PM Questions. “Shares sold for £1.7bn at privatisation are now worth £2.7bn […] A national asset sold at a knockdown price, a sweetheart deal for the City and the Government totally bungled the sale.” As first-week reactions came to the surface, Business Secretary Vince Cable urged critics to calm down as they jumped to condemn the loss: “You get an enormous amount of froth and speculation in the aftermath of a big initial private offering (IPO) of this kind. It is of absolutely no significance whatever. “What matters is where the price eventually settles, that’s what we are interested in.” Perhaps there was some truth to his statement at the time – indeed, both British Telecom and British Airways experienced a 30 per cent rise in share price immediately after their IPOs before settling back down – but unfortunately for Cable, Royal Mail bucked the trend. Eight months later, Royal Mail’s share price is trading at more than 70 per cent higher than the original price tag. Furthermore, some of the supposedly long-term investors, have chosen to sell large holdings within a matter of weeks, for maximum profit. Around half of the shares sold to large investor groups have been resold in this manner. This is particularly galling for those postal workers who aren’t allowed to sell their own shares for three years from the October 2013 sell-off. After pushing back months of pressure to name the 16 priority investors who were allowed to buy a 22 per cent stake ahead of the public, Cable finally released the information at the end of April this year. In an awkward public ‘confession’ of sorts, the list

Even Margaret Thatcher, stated that she was “not prepared to have the Queen’s head privatised”

Feature | BUSINESS

shows that the chosen investors included some of the biggest and most powerful hedge funds in the world alongside investment firms and financial groups hired by the Government to advise them on the sale of Royal Mail. One example is the key financial adviser on the sale, Lazard & Co, a company whose branch Lazard Asset Management was given priority status – and then sold its shares within seven days for an £8m profit. As a result of these ‘convenient’ sales, it appears that taxpayers have been shortchanged by hundreds of millions of pounds. “You have 16 priority investors who made a killing [out of the sale]. And it leaves the general public with that uncomfortable feeling that there is just too cosy a relationship between [you] and these investors,” Margaret Hodge, chair of Parliament’s financial watchdog the Public Accounts Committee (PAC), told company representatives. Business Minister Michael Fallon acknowledged the gap between prediction and results, but swiftly passed the blame to a planned strike action by Royal Mail staff for depressing the valuation that October. According to him, it was “wholly possible” that the shares could have been priced higher than 330p if the threat of nationwide strikes had not been imminent. “Hindsight is a wonderful thing,” stated Mr Cable in a similar vein, “but on the basis of the facts we had, the information we had, the knowledge we had of the company, this was a successful transaction.” Investment bank Panmure Gordon is just one of several groups reported to have passed correct market predictions for the sale of Royal Mail to the Government, before October 2013. Panmure Gordon estimated the under-valuation to be worth up to £1.9bn – and Shadow Business Secretary Umunna recognised that the valuation didn’t appear to incorporate three major central London sites (around £1bn in value) that would be included in the sale – and spoke up about it. It is even rumoured that Goldman Sachs, one of the 16 priority investors, predicted the share price would climb to 610p per share within 12 months, despite suggesting a flotation price of 300p a share. After six months of blame shifting, Cable was summoned to deliver evidence to the Commons Business Committee hearing, which had the task of assessing the mistakes made in the privatisation of Royal Mail. After the hearing, postal workers union leader Billy Hayes called on Cable to resign: “It’s clear Cable needs to go – this is a man who lost the taxpayer a billion pounds. A postal worker who lost a valuable item would be sacked and the same standard needs to apply to Mr Cable.”

JUNE 2014 CW 89

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Travel

beautiful destinations, luxurious escapes & exclusive resorts

Off the Beaten Track

For the adventure-inclined, we have just the thing for your next holiday. When Geoffrey Kent started Abercrombie & Kent in 1962, as he remembers, ‘with little more than a few tents, a Land Rover and an ice bucket,’ he also set out to transform off-the-beatentrack travel voyages from that first trip; a Kenyan safari. From now, when you book one of Abercrombie & Kent’s glamorous escapes, you can also choose to have a Land Rover, so that you can explore the road less travelled in style, in some of the most stunning locations in the world, including the wilds of the Serengeti. D For further enquiries and to book call 0845 415 4757 or email landrover@abercrombiekent.co.uk

Jackson Hive At the Rustic Inn in Jackson, Wyoming, you’ll find yourself immersed in the idyllic ranch life depicted in all the best old Western movies. Set against the backdrop of 12 lush acres and a rushing creek, guests can spend nights in log cabins and days horseback riding and partaking in wildlife tours around Yellowstone National Park. There’s also a fully-serviced spa on site, should your muscles need a rub after all that white water rafting. D rusticinnatjh.com

Parisian Chic Legendary hotel line Peninsula will be making its grand entrance into Europe this summer, and where better to start than in the City of Love? Expect 200 lavish rooms, including 45 suites, housed within a late 19th-century classic French building, situated in the heart of Paris’s shopping scene and just a stone’s throw from the Arc de Triomphe. Having been artfully restored over the past six years, The Penisula Paris hotel combines classic Parisian grandeur with the ultimate in 21st-century convenience, ensuring your stay will cause you to fall for your accommodation as much as for the astounding city. D paris.peninsula.com

LUXURY ESCAPES From weekend breaks to faraway adventures, we present some of the world’s best places to visit and suggest what to take with you

Hotels | TRAVEL

 Island Living

House of Hackney, Pre AW14 Collection

It’s the long-debated conundrum, what would you take with you if you were stranded on a desert island? But what if that island was equipped with everything you could possibly desire? No longer would you be querying how long you could survive but, instead, would be begging: “How long can I stay?” At least, that’s the idea at Fregate Island Private Reserve: the 720-acre isle off the coast of the Seychelles whose highest point, Mount Signal, towers 125 metres above sea level with a view of the island’s jungles, beaches and neighbouring islands. Aside from being home to seven sensational beaches, a few exotic species and 16 beautifully-crafted residences each with their own private pool, Fregate’s philosophy is to ensure dedicated service that is second to none. And should you desire a completely intimate getaway, the island is available for private hire.

WHAT to PACK

– Swimwear –

D fregate.com

 A Breath of Fresh Air Swap the Med for the sun-kissed Swiss Alps and discover that summer holidays don’t have to mean soaring heat and crowded beaches full of vitamin-D-deprived Brits. South-facing Crans-Montana experiences the same amount of sun as Naples while offering views that stretch from the Matterhorn to Mont Blanc. For a panorama that will leave you breathless, bedrooms you won’t want to leave and a spa that features a 16-metre swimming pool, stay at the recently-opened five-star Crans Ambassador, a place where state-of-the-art sport and contemporary Alpine architecture collide. Play golf on a course used for the Omega European Masters, hike 280km of footpaths or mountain bike 152km of trails. Alternatively, climb, paddle-boat, paintball or paraglide. D cransambassador.ch

Zante Bikini, £190, Marianna G Swimwear, mariannagswimwear.com

Clarinet Top & Bottoms, £125, Bang! Swimwear, bangswimwear.com

Palmeral Open Back Swimsuit, £195, House of Hackney, houseofhackney.com

Textured Bikini Top, £17, Textured Bikini Bottoms, £17, both COS, Jubilee Place

Corsano Bikini Top, £135, Adriano Bikini Brief, £135, both Orlebar Brown, Jubilee Place

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the drive of your life Driving in London is no fun, says Matthew Carter, so grab your licence and head for one of these alltime top driving spots

tuck in a monster M25 jam on a wet Wednesday you might be convinced that driving has become a chore rather than a pleasure. And given those circumstances, it’s hard to argue with you, especially if you’re behind the wheel of an interesting car. After all, what’s the point of 400hp under foot if your maximum speed tonight is going to be in single figures? And when you do eventually break free of the jam and head back into town, where’s the joy in driving nervously past speed cameras or crashing the suspension over speed bumps? But believe it not, there is still pleasure to be had behind the wheel of a car. You just need to know where to look.

Feature | MOTORING

THE US We all know about Route 66, where you go to get your kicks. Running across the country from Chicago to Santa Monica in Los Angeles – a distance just a smidge short of 2,500 miles – this legendary highway is known to all Americans as the Mother Road. Thing is, it no longer exists… at least, not in its entirety. It was established in 1926 and became the major route taken by those migrating to seek their fortune in the West, especially during the Dust Bowl depression era of the 1930s. Crossing eight states, it also moved between three time zones. Business along the route became hugely prosperous thanks to the passing trade, but it wasn’t to last. As the new Instate Highway System grew, so Route 66 was by-passed, until it was officially removed from the maps in 1985. Since then, however, there has been a movement to keep it alive. Stretches of the road that passed through Illinois, Missouri, New Mexico and Arizona are now officially a National Scenic Byway with the name of Historic Route 66. Indeed, various sections are now on the National Register of Historic Places and in 1999 President Clinton signed a National Route 66 Preservation Bill which guaranteed $10 million in fund grants to preserve and restore historic features along the way. Today you can drive much of the old route – and stay in dodgy motels while picking up all manner of tacky souvenirs along the way – but you need to plan carefully as modern maps do not acknowledge the route. Thankfully, there are dozens of websites devoted to the old road, giving tips and hints about where to go and what to look for: historic66.com is a good starting point.

What to drive there Obviously you need to drive something American and preferably from the 1960s if you can find it to rent. If not, it needs to be the all-new 2015 Ford Mustang. Ignore the more sensible 2.3-litre EcoBoost version and instead opt for the 5.0-litre V8 with 425hp on offer. It’s kicks you want, remember.

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ITALY It stands to reason that the country responsible for great cars like Ferrari, Maserati and Lamborghini will have some equally great roads on which to exploit them. The road that immediately springs to mind is the Stelvio Pass, a switchback mountain climb in Italy’s South Tyrol, with hairpin bend after hairpin bend all the way to the top, some 2,757 metres in the sky. But hairpin bends demand first or second gear only and there’s precious little opportunity to extend the car… too much traffic, too. So instead try a little piece of history, such as the course followed by the Mille Miglia, one of the last great road races. The first Mille Miglia took place in 1927 and the final one in 1957 when two fatal crashes – one involving spectators – brought the event to a halt. Travelling on public roads from Brescia to Rome and back, the thousand-mile trip used to attract the top manufacturers of the day.

Hairpin bend after hairpin bend all the way to the top – some 2,757m in the sky It was famously won by Stirling Moss in a Mercedes Benz 300SLR in 1955 after he and his navigator, British journalist Denis Jenkinson, undertook six reconnaissance laps to create pace notes written on a scroll of paper 18ft long. It took them more than ten hours of on-the-limit driving to complete the race. Although no longer a road race, the Mille Miglia was revived in 1977 as a re-enactment and celebration of this great event. Open to cars built before 1957, it now takes days rather than hours to complete and attracts celebrities and car nuts in equal measure. Starting in Brescia over a long weekend in May, it heads to Padova and then to Rome via San Marino and L’Aquila before heading back to Brescia via Bologna. The route is full of great roads, wonderful towns and villages, elegant architecture and plenty of memorials to a time when heroes risked all to win.

What to drive there Logically, you should be behind the wheel of something Italian, perhaps the new Alfa Romeo 4C, a totally focused, mid-engined two-seater. But if you’ve got a bit of style (and money), how about the very Mercedes 300 SL Gullwing that Moss and Jenks used to carry out the recce runs in 1955? It’s coming up for auction by Bonhams at the Mercedes-Benz Museum in Stuttgart in July.

Feature | MOTORING

GERMANY Built in 1927 as a showcase for German automotive engineering, the Nürburgring is fast, scary, exhilarating and addictive in equal measures. It’s not strictly a road route, but it’s definitely somewhere that anyone with petrol pumping through their veins needs to drive. The ’Ring was the home of the German Grand Prix until 1976, when it was deemed too dangerous for the then current breed of Grand Prix cars, something demonstrated that year by Niki Lauda who so nearly lost his life in a fiery crash during the Grand Prix. Nestling in the Eifel Mountains and snaking through mile after mile of lush woodland – in its current guise it’s almost 13 miles long – Jackie Stewart summed it up by christening it ‘The Green Hell’. Today, the legendary 13-mile-long Nordschleife is still used for some endurance racing – usually touring or GT cars – but it’s probably better known as a test track used by virtually every motor manufacturer. But ever since the early days, the ’Ring has also been open to the public for what are called Touristenfahrten. You can hire something locally or take a ride in the ‘Ring Taxi’, but the best way to experience the Nürburgring is from behind the wheel of your own car. But there are things to remember. This is a serious racetrack and you will be going quickly. You will also be sharing the track with other cars and bikes and there are rules about overtaking… racing is strictly verboten. D For all the info, visit: nurburgring.org.uk

What to drive there Every prestige carmaker uses The ’Ring for testing their new cars. As we’re in Germany, you could take a Porsche, a BMW or a hot AMG Merc. But let’s think out of the box here. What you really need is a Nissan GT-R, which in September last year lapped the circuit in just 7mins 08.69secs to claim the production car record.

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AUSTRALIA Big place, Australia. And while parts of it have been colonised, there are still vast areas of open desert where it is possible to get back to nature. One such is known as the Red Centre Way in Northern Territory, so named because the soil and sands are red. Starting and finishing in Alice Springs, a five-day trek gets to the soul of the country, taking in National Parks, comet and meteorite craters, vast gorges, sandstone cliffs, dunes and salt pans. You can ride camels, eat bush tucker and sleep under the stars. And you can visit Uluru, otherwise known as Ayres Rock, and learn about Aboriginal history from the tribes who have been there for 20,000 years. The route starts in Alice Springs and meanders gently west for around 700km before you turn round and drive a more direct 450km back to Alice. The Red Centre Way is geared up to tourists, so there are plenty of hotels or camper parks to stay in en route. The accepted itinerary takes you from Alice to Glen Helen Gorge (130km) and then on to Kings Canyon (260km). This second part of the journey is often on unpaved, corrugated roads without another soul in sight. The third element is the big one; a 300km drive to Uluru, taking in some magnificent scenery along the way. The Ayres Rock Resort is more shopping mall than nature reserve, but there is nothing quite like Uluru itself. Spend as much time as you can there: its colours change dramatically during the course of the day and you need to see them all. Most of all, relax and unwind. This is as far removed from the hustle and bustle of city life as possible.

You can do the trio back to Alice in a day, but as ever beware of local wildlife. Kangaroos don't read the Highway Code and can cause unbelievable damage when they jump into your path without looking.

What to drive there You can do the trip in a camper van or even a family hatchback. If you want to go native, try hiring a Ute (a locally-built V8-powered pick up truck) but perhaps the best form of transport would be a 4x4 Range Rover. What better way to discover the great outdoors than from the plush leather seats of a fully air-conditioned Rangie?

Feature | MOTORING

THE UK Driving in London isn’t much fun. Driving in the south east isn’t much better. But leave the city behind and things improve enormously, especially if you are prepared to drive a few hundred miles over the border into north Wales. Wales is a mecca for the UK-based petrolhead, delivering challenging roads with little or no traffic and all with a backdrop of dramatic scenery. It’s little wonder, perhaps, why Jaguar includes certain roads in Wales as an integral part of its vehicle evaluation process. New Jaguars go high-speed testing on closed banked circuits and at places like the Nürburgring, but when it comes to fine-tuning the suspension settings for everyday driving, Wales comes into its own. As a result, a modern Jaguar like the F-Type delivers high levels of roadholding and handling, but coupled with the sort of ride comfort a BMW, Audi or Mercedes chassis engineer can only dream about. Jaguar’s chief engineer Mike Cross explains why Wales is so important to the company. “The country offers a broader range of roads than almost anywhere else. There are roads with demanding surfaces, gradients, bumps and awkward cambers. “Though visibility through the bends is generally good, the roads are narrow which demands excellent steering precision, and the weather is not always brilliant so we can evaluate wet-weather grip, there, too. “Best of all, it is sparsely populated. Although we drive within the law we are anxious not to upset the

locals, so driving in remote parts of Wales gives us everything we need.” So where exactly does Jaguar go? They’re not saying, as they don’t want to attract too much attention to what they are doing. However, there’s a route known locally as the EVO Triangle, which might give us a clue. Named after the UK performance car magazine, EVO’s testers regularly use a route across the Denbigh Moors in the north of the country when appraising new cars. The Triangle is around 20 miles long and starts in Cerrigydrudion from where you take the A5 to Pentrefoelas. Then it’s a right turn onto the glorious switchback A543 northwards before you find the B4501 and head back to Cerrigydrudion, watching for local wildlife (sheep mostly) all the while. Could this be Jaguar’s test route too? Well, put it like this, John Barker, erstwhile editor of the magazine, now works for Jaguar as a chassis engineer.

There are roads with demanding surfaces, gradients, bumps and awkward cambers

What to drive there Obviously, a Jaguar F-Type Coupé: its chassis was perfected here, so where better to exploit the performance from its V8 engine and revel in its superb handling and compliant ride? Go there now and you’ll probably find Cross and his team putting the finishing touches on the forthcoming (so it’ll be camouflaged) Jaguar XE saloon.

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Weekend Break | TRAVEL

Capital GAINS Zurich has much more to show than vaults of gold bullion. Fun, trendy, sophisticated – this city is giving Europe’s other capitals a run for their money WORDS: Rowena Marella-Daw

ne of the most affluent cities on the planet, Zurich doesn’t need to flex its financial muscles by building skyscrapers or theme parks (not yet, anyway). Deeply-rooted in tradition, the city retains its old world charm by preserving historic buildings within the Old Town, its low-rise skyline punctuated by the towers of Grossmünster, Fraumünster and St Peter Church. Climbing 187 steep steps to the top of Grossmünster’s church tower will reward you with a spectacular perspective of this charming city. The waters of Lake Zurich flow into the Limmat River, slicing the Old Town in two. Along the riverside promenade, reflections of quaint buildings on tranquil waters create a laid-back atmosphere, and it’s easy to forget that this historic enclave is at the heart of global financial activity. The Old Town’s west side is quieter

and more upscale, its narrow, cobbled lanes and petite squares dotted with boutique and designer shops, restaurants and cafés, while the busier Bahnhofstrasse is the main shopping district lined with major retail brands. On the north end of this thoroughfare, Zurich’s railway station serves as the main artery for journeys around Switzerland and Europe. Outside the main entrance, a statue in honour of Alfred Escher (18191882), founder of the Swiss Northeastern Railway and Credit Suisse, stands proud. Indeed, Swiss trains are known for their precision timing and efficiency, and this extends to the network of crisscrossing trams, which apart from being punctual, also add a certain character to the city’s hustle and bustle. A vibrant arts and culture scene attracts savvy visitors to Zurich’s art galleries, museums and concert halls, but perhaps very few know that the local police station at Bahnhofquai 3 is also a point of historical

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and artistic interest. Inside this 243-year old building is Giacometti Hall, where the vaulted ceiling and walls were painted in vibrant colours and floral patterns by Swiss artist, Augusto Giacometti. Unlike any other police station in the world, the hall is very quiet; it’s difficult to imagine that beneath this bright hall are fully-functioning prison cells. Perhaps it gets pretty busy with colourful characters on occasions such as the annual summer Street Parade, one of the largest parties in the world. Another party scene is found in the industrial suburb known as Zurich West, which is creating a buzz as it transforms into a modern entertainment hub. Its focal point, Schiffbau, comes alive at night as hip revellers head for the bars, restaurants and clubs. But it’s not just about partying. In the autumn, film buffs gather for the annual film festival, which has been going strong since 2005. And when Zurich’s denizens and visitors aren’t engaging in finance and leisure, they are found indulging in exquisite artisan chocolates. Family-owned Vollenweider (vollenweiderchocolatier.ch), which celebrated its 70th anniversary last year, has a boutique at Theaterstrasse, just behind the Opera House. Not surprisingly, its truffles are named after famous opera productions. Bravo to ‘Romeo & Juliet’, a raspberry truffle filled with a dark chocolate centre blended with raspberry juice. Encores are commonplace here – a piece of the ‘Merry Widow’, for instance, made with prune chocolate and plum liqueur, quickly leads to another… and another. Vollenweider’s chocolates are quite special, even Swiss astronaut Claude Nicollier is known to have taken them with him on NASA space missions. Another of Zurich’s veteran chocolatiers, Sprungli (spruengli.ch) has been trading since 1836. Competing with its chocolate truffles and desserts are the Luxemburgerli macaroons, apparently its best-selling creation. These miniature delights are so delicatelyflavoured you can eat a selection without guilt – including the Baileys Deluxe, made with original Irish cream and a Baileys chocolate centre. The Cru Sauvage truffles, made with 70 per cent Bolivian cacao, fresh cream and enrobed in rich dark chocolate, deserves a taste too.

Weekend Break | TRAVEL Clockwise from far left: The Dolder Grand Exterior © Peter Hebeisen; Zurich at night © Zurich Tourism; Zurich Fraumünster © Rowena Marella-Daw; The Dolder Grand Spa Pool © Heinz Unger; Zurich Old Town © Zurich Tourism; Zurich Festival

Zurich’s reputation as a global financial capital is undisputed, but it’s a city rich in history and cultural heritage. For those who come here for business, rather than rushing to catch that last flight back to London on a Friday night, perhaps it’s time to slow down the pace, unstrap the Swiss watch and go with the flow of the Limmat River.

to, once you’ve stepped into the magnificent hall and walked through the curved, glass-panelled walkway, you begin to appreciate the beauty of this concept. The Spa Wing’s sprawling Junior Suites and bathrooms have floor-to-ceiling windows to maximise the natural light and panoramic views. There are four Top Suites inspired by prominent figures in arts and entertainment, such as the exquisite Maestro Suite, dedicated to conductor Herbert von Karajan. This two-level, twobedroom pad has all the lavish trappings, but most impressive is the original timber spire ceiling. The Masina Suite takes inspiration from Giulietta Masina, actress and wife of Federico Fellini, so expect 50s-inspired, Italianstyle glamour, while Suite 100 pays homage to the Rolling Stones with its quirky ‘Swinging 60s’ vibe. Dining at the hotel’s two restaurants is part of the Zurich experience. The bright, airy Garden Restaurant has an adjoining terrace for all-day alfresco dining, with a delectable menu of European fare combined with Swiss influences. Chef Heiko Nieder also teases the palate with his eight-course and 12-course dinner menus served at The Restaurant, which holds 18 GaultMillau points and two Michelin stars. Works by Salvador Dalí and Tamara de Lempicka grace its silver-leaf walls. And talking of art, the Dolder Grand is also home to some 100 pieces from the private collection of owner Urs E. Schwarzenbach. The halls, lounges and public spaces showcase originals by Dalí, Pissarro, Warhol, Hirst and Miró, as well as sculptures by Barry Flanagan, Henry Moore and Fernando Botero.

THE DOLDER EXPERIENCE

THIS WAY TO HEAVEN

Like a fairytale castle perched on Adlisberg Hill, the Dolder Grand commands magnificent vistas of the city, lake and the Alps beyond. This five-star city resort is symbolic of Zurich’s reputation as a world-class destination. Since opening its doors in 1899, it has played host to the rich and powerful, and still continues to attract high-profile guests from around the world. A recognised treasure, Zurich’s landscape wouldn’t be quite the same without its legendary hotel. Over the decades, the hotel has had to undergo several renovations to keep up with the times, and its most ambitious has to be the four-year (2004-2008) restoration and expansion project led by Lord Norman Foster of Foster + Partners. Their first task was restoring the main building to its former splendour, and as one would expect from the world-acclaimed architects, the Spa and Golf wing extensions were designed in a much more contemporary style. Though the stark contrast between the old and the new does take some getting used

The 4000sq m spa is just as grand as the hotel. The innovative design features curved stone walls, open spaces and subdued lighting to achieve a sense of calm and serenity. The pool area’s asymmetrical shape has a ‘zen’ feel, especially at night. At the far end of the pool are massage jets designed to target problem areas: stiff shoulders, bingo wings and saddle bags. But unlike most spa pools where you swim in warm water and come out shivering, the water here is cool and invigorating, so once you’re out of the water, the temperature envelops you in warmth. Head for the Japanese-inspired Sonaburo bed, where heated pebbles softly cradling the entire body send you gently to the land of nod. Not to be missed is the Nature’s Organic Seasonal Facial by Amala, a 90-minute indulgence which starts off with an aromatic foot bath, followed by cleansing, then a relaxing Vedic Marma vital points facial – an effective natural antiageing technique. A scalp, hands and shoulder massage completes the ritual.

~ need to know ~ For more information on Zurich, visit mySwitzerland.com / 00800 100 200 30, or contact info.uk@myswitzerland.com; for packages, trains and air tickets sales@stc.co.uk SWISS (Swiss International Air Lines) offers up to 90 flights a week from London Heathrow and London City to Zurich. Fares start from £130* return, including all airport taxes. (*Please note this is a lead-in fare and is subject to change, availability and may not be available on all flights. Terms and conditions apply.) swiss.com / 0845 601 0956

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BUSINESS TRAVELLER

essential information for anyone who travels the world for work

First Serve First Class

American Airlines has become the first and only U.S carrier to offer fullyflattening first and business class seats on coast-to-coast flights. The new fleet operates on the long-haul domestic routes between New York and Los Angeles, and New York and San Francisco. The fleet of new Airbus A321Ts offers three classes of service – economy, business and first – and is the only US carrier to do so between these key markets. And to further improve the quality of the journey, each plane’s cabin is accessible to air-to-ground Wi-Fi technology and each seat has an AC power port and a USB port. Up in first class, there’s also an espresso and cappuccino machine – it hardly gets more civilised than that. D americanairlines.co.uk

Hotels | BUSINESS TRAVEL

Here CHARLOTTE STREET HOTEL Just moments away from Oxford Street sits the serene, yet suitably buzzing, Charlotte Street Hotel. With interior design by Kit Kemp, expect to see her signature English floral patterns and a huge collection of British contemporary art. The hotel, which was once a not-so-glamorous dental warehouse, houses 52 bedrooms and additional suites. Each of which is designed with understated English glamour and brightened with bold accents of cerise pink and lime green. Equipped with three private meeting rooms and a state-of-the-art screening room, it caters for every business need. Sip on a Hemingway Special classic cocktail before indulging in lobster thermidor in the hotel brasserie, Oscar’s. D Penthouse suite, from £990 per night, firmdalehotels.com

Where to stay There

THE UPPER HOUSE, HONG KONG Located in the heart of Hong Kong’s business district, The Upper House enjoys convenience and dreamlike views from the clouds over the city. Designed by Andre Fu who was responsible for one of The Shard’s bars, Gong, the hotel fuses high-style with classic Asian materials, including original artworks and specially commissioned sculptures. In the rooms, which are the largest bedrooms in Hong Kong, you’ll find panoramic windows, yoga mats and bathrooms the size of a small apartment with walk-in rain showers. The hotel is proudly eco-friendly, featuring in-room body motion sensors to save electricity, paperless check-in via iPad and hybrid private hire cars. D Studio 70 room, from £345 per night, upperhouse.com

JUNE 2014 CW 105

THE SMART NOTEBOOK

If you conduct business whilst travelling, then the Evernote Collection by Moleskine might just be your new best gadget. Moleskin has teamed up with Evernote to help you transition from analog to digital with a notebook that keeps you on top of your notes, deadlines and meetings across multiple devices. It also includes a three-month subscription to Evernote Premium. D Evernote Notebook, £25.50, Moleskine, Cabot Place

THE SPRAY FOR HIM You can always rely on Acqua Di Parma to be your trusty plane partner, coming in a carry-on-friendly 30ml size and in its own elegant leather case. The exclusive cologne made from Sicilian citrus fruits and lavender is the ideal go-to spritz to make you feel refreshed and ready to step off the plane. D Colonia Assoluta Travel Spray, £81,

Acqua Di Parma, acquadiparma.com

HOW TO DO IT

THE TECH The world is at our fingertips with the iPad, and the Mini model is the perfect travel companion, slipping delicately into your bag and weighing almost nothing at all. If you’re prepared beforehand, you can download a movie, TV series or that book you’ve been meaning to catch up on. If you’re not, there’s always Angry Birds… D Apple iPad Mini 16GB, £249, Currys PC World, Canada Place

Essential additions to make that long-haul excursion a little more comfortable

THE ESSENTIAL SOCKS

Long-haul flights can leave you uncomfortable and restless, but slipping on a pair of cashmere socks is bound to provide some relief – plus they’re extremely cosy. The White Company has created a range of beautifully soft and snug socks, available in various colours, from charcoal to vintage pink.

THE SPRAY FOR HER

D Cashmere Bed Socks, £32 a pair, The White

Don’t be put off by the ‘cologne’ name – Jo Malone’s scents are made for women and men, and this travel -size sleek bottle will fit perfectly in your carry-on bag. The scent of Earl Grey Tea and cucumber is sure to perk you up after a long flight and, when in faraway lands, it might remind you of a classic English afternoon tea in case you get homesick.

Company, Jubilee Place

D Earl Grey & Cucumber Cologne, £41 for 30ml, Jo Malone, Jubilee Place

THE HEADPHONES

Whether you want to watch the in-flight entertainment, listen to your own music, or simply shut out the noise of the aircraft, you’re going to need a high-quality pair of headphones. These Bang & Olufsen H3s are the traveller’s dream: comfortable, lightweight and robust, with acoustic precision. The headphones come in a variety of colours for all tastes, including their latest reincarnation in gold. D BeoPlay H3 Headphones, £169, Bang & Olufsen, South Colonnade

News | BUSINESS TRAVEL

Man Bags Choosing your travel kit is one of the more acceptable times to fret about which man bag you want. You need it to be durable, unique enough to stand out on the carousel, not so unique as to really stand out, and have the right pockets for your gadgets. This summer, Berluti has launched the Tela canvas collection for men. The collection includes five different styles of bag in taupe-coloured canvas which has been dyed and handpatinated. It includes a weekend bag and trolley carry-on. D Tela Canvas Collection, from £1,960, Berluti, berluti.com

what to know

Give A Little Credit For every frequent-flyer with a wallet cluttered with stray dollars, the odd euro and a few yen, or every business making a loss on currency conversions, there’s Caxton FX. Caxton FX is the leading provider of international currency cards – an alternative to using credit cards abroad. The cards let users lock in an exchange rate at the time they purchase their currency, even if they don’t use the card for months. Caxton FX also offers a costreducing service for companies making international payments. D caxtonfx.com

Budget Recap: Private Jet Tax In George Osborne’s March Budget, he unveiled plans to tax all private jets, with the air passenger duty (APD) levied on private jets to be as much as four to six times the amount charged on economy class flights. Furthermore, all long-haul flights will be subject to the band B tax rate. The current standard rate for band B is £134, and this tax will now apply to all long-haul flights, with the higher bands C and D to be abolished. Critics have voiced concerns that the private jet tax will impact British

companies more so than overseas operators: as a recent survey from BACA, a private aviation industry body, found that more than 25 per cent of overseas operators flying into the UK are not paying APD. Furthermore, there are concerns that an increase in tax could discourage inbound and outbound tourism. However, supporters of the move argue that the flawed APD system has been greatly simplified with the introduction of a two-band APD rate. D gov.uk

JUNE 2014 CW 107

[Business Destination]

Brussels

Despite being known for its surrealist art and cafĂŠ culture, business tourism continues to rise in Belgiumâ&#x20AC;&#x2122;s capital WORDS: Kate Vandy

Hotel Amigo Brussels, Armand Blaton Suite

Hotel Amigo Brussels, Ambassadeur Ballroom and Foyer

Hotel Amigo Brussels, Armand Blaton Suite Terrace

Destination | BUSINESS TRAVEL

he destination for lovers of pommes frites, museums and comics, Brussels caters for much more than just culture vultures and foodies (although these are rather fabulous for a post-meeting wander around the city). Bi-annual flower carpet Brussels is also positioned as one of Europe’s leading hubs of business. As the headquarters to the EU and NATO, alongside many other European institutions, Brussels is often referred to as The Capital of Europe. This certainly plays no small part in attracting business to the city. With more than 14 million business visitors annually, it comes as no surprise that the Brussels region represents nearly 50 per cent of all business tourism in Belgium. As the growing appeal of alternatives to Europe’s traditional three big business centres (Paris, London and Frankfurt) has increased, Brussels has benefited greatly. The appeal of Brussels is clearly linked to the presence of the offices of more than 2,000 international associations, 15,000 lobbyists, more than 1,000 press correspondents, regular summits of the 28 EU heads of state as well as its many first-class meeting facilities. That Brussels operates as a bilingual city also boosts its appeal as a place to do business. French and Dutch are the © Mihai-Bogdan Lazar official languages, with English widely spoken as well. Its excellent location and impressive transport links have played an enormous part in its appeal as a centre for industry events. Paris is a mere one-hour, 22 minutes away via Thayls high-speed train, London two hours via Eurostar, with Madrid and Rome a two-hour flight away, and Berlin just over an hour’s flight away. And if you do arrive by air, it's only a 20-minute train ride from the centre of the city.

WHERE TO STAY Situated on a quiet, secluded side street right behind the Grand Palace, Hotel Amigo is the perfect place to do business by day and enjoy the delights that the city has to offer at night. The hotel has 173 beautifully turned out and modern rooms, 19 of which are suites. The style is elegant and feels like a mixture of Italian design with a splash of Belgian influence. This can be seen in the stylish, big bathrooms which have wonderful Tintin reproductions on the walls. The hotel has modern conference facilities that include six fullyequipped meeting rooms, a ballroom and a business centre. The restaurant, Bocconi, serves lovely Italian food, and there’s a well-equipped gym to burn it off in.

SPARE AFTERNOON There is something for everyone in Brussels, and its compact size means you can get a lot out of a spare afternoon. Whatever your interests, be sure to take a stroll to see the famous Manneken Pis statue that surely must be Brussels, most famous landmark. For fans of surrealism, there’s the delightful Magritte museum, which is dedicated to Belgium’s famous artist. If you have a sweet tooth, then be sure to get your chocolate fix in one of the many chocolatier shops on the Grand Sablon – Pierre Marcolini is a highlight (and is also Belgium’s most expensive chocolatier store). If Belgian beer is what you’re after, spend an afternoon at the family-owned brewery of Cantillon, where the brewing process has not changed since it was founded in 1900. Restaurants along the Rue de Bouchers

GET THERE Book a seat on Eurostar (eurostar.com) and you’ll find yourself at Brussels Midi station a mere two hours after leaving London’s St Pancras.

june 2014 CW 109

LIVE JAZZ, BLUES && SOUL SOUL LIVE JAZZ, BLUES EVERY NIGHT (MON – SAT) & SUNDAY LUNCH

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THE T H O M AS B R O W N AFFAI R T H E THOMAS BROW N AFFAIR

Led by multi-million selling R&B star, Kenny Thomas (famous for globetrotting hits Led by selling R&B star, and Kenny Thomas (famous for globetrotting hits such asmulti-million Thinking About Your Love Outstanding) and pianist Wayne Brown such as Thinking About Your Love and Outstanding) and pianist Wayne Brown (who has worked with everyone from George Michael to Billy Ocean), this funky (who has worked everyone Michael to Billy thismonths. funky four-piece’s fusionwith of soul and jazzfrom has George been causing quite a stir Ocean), over recent four-piece’s fusion of soul and jazz has been causing quite a stir over recent months. SAT URDAY JUN E 0 7 2 0 1 4 9 .4 5 P M SATU RD AY JUNE 0 7 2 0 1 4 9 . 4 5 PM

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OUT&ABOUT

eating & drinking, wining & dining, arts & events, culture & community

Match Point

Although the Wimbledon Championships hardly need an introduction, this year is guaranteed to be especially exciting, as 2013 Men’s Singles Champion Andy Murray returns to defend his hard-won title. To really do Wimbledon right, book a table at the The Gatsby Club, hosted by Wimbledon’s official hospitality provider Keith Prowse. Just a short stroll (or quick run if the weather refuses to play ball) from the seats, the Club offers a complimentary Champagne bar, a menu designed by Michelin-starred Albert Roux, afternoon tea and what all Wimbledon fans want: both air conditioning and overhead cover. Open each day with private tables for two to 12, or private areas available for groups of over 40. And don’t forget that Canary Wharf’s Summer Screens will be screening highlights and games in Canada Square Park – so you don’t have to miss any of the action.

Image courtesy of AELTC

D wimbledon.com

FOOD&DRINK | News

FOOD DRINK Seasonal specials, new openings and menu make-overs

Ramsay’s Riverside Revamp Richard Brown visits the relaunched The Narrow

One bottle, £32.09,

I’m a modern man. I moisturise. I calorie count. I’m partial to a Frappuccino and haven’t got a clue how you’d fix a straight six diesel engine. But what’s a fella to do when he asks for a pint and he’s given a schooner? That’s 2/3 of a pint to you and me. It’s the new measure that’s replaced the traditional serving at Gordon Ramsay’s gastro-pub The Narrow. Except, Ramsay has decided he no longer does gastropubs, which means where you’d once have found a posh boozer selling pork scratchings and pickled radishes, you’ll now find a wine-bar-come-whitewashed-restaurant with a ten-page wine list dishing up things like Burrata with fava beans and toasted almonds. The space itself has transformed into an inviting boathouse, all washed-woods, comfy sofas and boating memorabilia. Outside, a fantastic terrace benefits from the best location on the stretch of river that extends from Canary Wharf to the Square Mile, easily making The Narrow the best place to be when the sun is out. Food-wise, the revamped menu revolves around British classics, fresh fish and quality cuts of meat, all cooked well and served at reasonable prices. Great service, sociable staff and a local, community feel still remain, making The Narrows mark II well worthy a visit, just be sure to bring your own pint glass.

D Flypay is available at the App Store and can be

G.H.MUMM,

D 44 Narrow Street, E14 8DP

used at Wahaca, Canada Square

ghmumm.com

gordonramsay.com/thenarrow

time for tea Selling tea to the British is a pretty viable business model, but it was the act of offering something different that transformed Whittard’s from a singular shop established in 1886 on Fleet Street, into a household name. Offering both innovative new blends, and original recipes that have proved their popularity over the ages,

Whittard offers tea, coffee and hot chocolate alongside stylish glass and porcelain tea pots and colourful tableware. With a new store opening on 26 June in Canary Wharf’s Canada Square, it’s never been a better time to jazz up the daily stream of caffeine with something that extra bit special. D Whittard, Canada Place

Mumm’s The Word in Motoring

quick smart Wahaca has teamed up with London-based Flypay, a time-saving app which allows you to check, split and pay your bill in selected restaurants all from your mobile.

112 CW JUNE 2014

Champagne has been present at the World Championship since 1950 and G.H.MUMM has been the official sponsor of Formula One since 2000. It is marking this year’s F1 season with the release of a limited-edition Cordon Rouge, rich with hints of dried fruit, honey and grapefruit. D Limited edition Cordon Rouge Formula

5 London Livery â&#x2DC;&#x2026;

at Lee Valley Riding Centre Outstanding facilities in London l

Solarium, horse-walker and year round turnout

Newly built stables with private tack rooms

Floodlit indoor and outdoor arenas with top quality surfaces

Show jumps, cross country course and hacking

Qualified, experienced and internationally recognised instructors

visitleevalley.org.uk/livery Lee Valley Riding Centre, Lea Bridge Road, Leyton, London E10 7QL

FOOD&DRINK | Review

- Restaurant Review -

Only at Obikà

Obikà Mozzarella Bar’s focus on Southern Italian, water buffalo mozzarella has always made it popular, but a few new additions has pepped up this classic spot just in time for summer words: Aimee Latimer

bikà’s menu hasn’t changed much since the last time I visited: it’s still built around a mozzarella bar, Italian mains and the belief that everything is improved with cheese. However, something is different: this popular branch of Obikà has found its stride and is attracting a new local crowd in the process. Most notably, the restaurant has introduced big canvas parasols over the tables, making the open-plan restaurant, which sits in the architecturally impressive but somewhat cavernous West Wintergarden, instantly more private for dinners. It’s also introduced Aperitivos every day from 5pm to 7pm, small tastings of mozzarella accompanied with a small extra such as a swirl of homemade pesto. This offering has drawn in a new crowd of locals wanting a civilised ‘one drink after work’ with a tasty twist. Now, Obikà’s bar is busy with chattering people, while the tables, which curve around the square layout rather than being pushed into the bar, remain intimate for those staying for dinner. Obikà feels fresher, while still giving regulars the food they’ve loved from the get go. For starters there’s the option of a sushi barinspired mozzarella bar where a choice of classic, smoky or creamy burrata mozzarella is paired with more than 16 sides, including aubergine casserole and

smoked fish. Obikà is proud of its mozzarella and rightly so, the quality is obvious both through the taste and the springy texture of the classic option to the dense creaminess of the burrata. My guest and I decided on the Grand Tasting Platter, which comes stepped with mozzarella, cured meats and cherry tomatoes. ‘Grand’ is not an understatement with the size of the platter meaning it could easily suffice as a shared main between two. Unsurprisingly, it’s popular at lunch – one of Obikà's peak times. We moved onto pizza which come on a wonderfully doughy base without feeling stodgy due to stone-ground flour and a slow-rise process. The choice of toppings are extensive, but in a place known for its cured meat, rashes of prosciutto add a moreish salty kick to any pizza. At Obikà, you will not go hungry – even the salads are served on rectangular plates seemingly to carry more food. However, if you can stretch yourself to desert and fancy something light a must try is the Sgroppino made from vodka, Limoncello, lemon sorbet and Prosecco. Served in a Champagne glass, the sorbet doesn’t clot with the alcohol, but is a sweet, fizzy and is a refreshing if (admittedly a little boozy) way to close to the evening. D Obikà Mozzarella Bar, West Wintergarden

THREE of a KIND... The Trilogy of Treasure collection from The Whiskey Shop

Heady

rare

spicy

One of only 250 bottles, rich oak notes layered with baked apple and stewed fruits are spiced with notes of cinnamon and ginger.

Rescued from three forgotten casks, this powerful gold liquid comes with a 50ml miniature so you can taste it before opening.

With only 225 bottles made, it opens on an intense fruity nose with subtle tropical notes and finishes with a spicy kick.

D The Balvenie 40-year-old Batch 7, £3,000

D The Last Drop 50-year-old, £3,000

£1,000, all from The Whiskey Shop, whiskyshop.com

114 CW JUNE 2014

D Hunter Laing Old & Rare Macallan 35-year-old,

art

Carpe Momentum: Photographs by Christopher Jonas Canary Wharf’s exhibition programme has focussed on three-dimensional work, but this summer photography by Christopher Jonas is on display in the Lobby of One Canada Square. As he withdraws from some of his business and pro bono interests, Christopher has brought his second career as a photographer to the fore, although he has worked creatively for some forty years. He first used a 35 mm camera but recently turned to digital format, for which he had a period of intensive study with Ivan Coleman, Head of Photography in Fine Art at Goldsmiths, University of London. Carpe Momentum – “seize the moment” – is Christopher’s apposite title for this exhibition of 64 photographs and reflects his abiding interest in people and places in the world. The layout of the

23 June – 29 August Lobby, One Canada Square Canary Wharf, E14 FREE

exhibition has been designed in a series of six compositions, which give variety, not only of place, time and mood, but also of colour and monochromatic imagery. The eye of the photographer in his selection opens a wealth of possibilities for us to understand more about our world with deeper perception. D cwjpix.org

The Art and Design Window Galleries showcase up-and-coming artists, designers and craftspeople and are located in Canada Place. Showing this month are:

jubilee walk

VISUAL ARTS

WINDOW GALLERIES

Louise Seijen ten Hoorn Louise’s objects and jewellery pieces are carved, sculpted, cast and fabricated in materials such as metal, plaster, wax and resin. The key vehicle she uses to express her ideas is the human body, or aspects of it, and some of the themes that seep into her work originate in symbolism, fairy tales and alchemy. D luzzious.tumblr.com

Walking on Water: Delivering the Legacy Until 9 July, Canada Place Walking on Water is a visual chronicle of the East London that is emerging post-Olympics, with its 6.5 miles of connecting waterways, villages, neighbourhoods, schools and universities, artist quarters, and centres for media, technology and science. Created by artist Frank Creber and Water City, this 200-piece display was an integral part of the Channel 4 Grand Designs Live exhibition displayed at ExCeL in May. A selection of images from Walking on Water is displayed at Canary Wharf. D water-city.com

canada walk

COMMUNITY WINDOW GALLERY:

Adam King In his works on paper, Adam casts an eye over the contemporary landscape bringing fantasy scenarios within imaginary yet familiar environments. Images cut out of lifestyle and fashion magazines are combined with drawings that reference architecture, resulting in fragmented colourful compositions. D adamkingartist.net

canarywharf.com

@yourcanarywharf

Sun, sport

something new Canary Wharf has launched its own summer season with a packed calendar of events. The series kicks off in June with dance, sport, Motorexpo, a food market, and much more. This summer, keep the family happy, fed and entertained in more ways than ever before

The Pearl Izumi Tour Series at Canary Wharf Fast-paced, action packed cycling returns to Canary Wharf with some of Britain’s top cyclists taking part in the fastest event on The Pearl Izumi Tour Series calendar, around Canary Wharf’s iconic 1.1 kilometre circuit. Olympic champion Ed Clancy will be amongst those competing as he seeks to avenge his narrow defeat by Chris Opie last year. Team performance is crucial, with five world-level UCI squads competing, including Clancy’s Rapha Condor JLT and the newly formed NFTO team,

which includes Adam Blythe and the Downing brothers. Ahead of the professional race there will be the thrill of the ProAm Canary Wharf Corporate Grand Prix as teams from some of Canary Wharf’s tenants battle it out on the same circuit as the professionals. D thetour.co.uk Thursday 5 June From 6.30pm Throughout Canary Wharf, E14 FREE to visit

The Lunch Market A global feast to spice up lunchtimes as more than 30 stalls brimming with delicious international cuisine from local producers and further afield returns to Wood Wharf. With hundreds of tasty dishes all freshly prepared and assembled onsite from top quality ingredients, Canary Wharf’s celebration of wonderful cuisine is not one to miss. Experience hand-carved Iberico hams, freshly battered fish and chips, tempura to go, handmade savoury dumplings, smoked salmon, fragrant curries from India, Thailand and Peru – all created by local producers, ‘startisans’ (startup artisans) and Canary Wharf’s own restaurateurs. Tuesday 17 June 11am – 3pm Wood Wharf, Canary Wharf, E14 FREE to visit

MOTOREXPO 2014 See our essential guide on p.25 Monday 9 – Sunday 15 June Monday – Saturday 10am – 6pm Sunday 11am – 5pm FREE to visit

Summer Screens Enjoy a packed programme of sports, entertainment and news highlights at Canada Square Park’s summer screens. You know summer has arrived at Canary Wharf when the big screens appear, making the perfect accompaniment to your al fresco lunch from Waitrose Food, Fashion & Home, after work drinks at The Parlour or dining on the balcony at Roka or Wahaca. Major summer sporting events will be screened including the ever popular Wimbledon tournament, the masterful British and Scottish Golf Open Championships, fascinating archive footage of London throughout the decades and live coverage and highlights of the Proms 2014 from the Royal Albert Hall. Plus keep up to date with regular news and current affairs updates from BBC News24 and entertainment from all the BBC channels.

D Visit festival.org or canarywharf.com for specific performance times and locations.

events Thursday 19 June – Tuesday 19 August Daily Canada Square Park, Canary Wharf, E14 FREE to visit

As the second week of Wimbledon heats up head to Wood Wharf as the Tennis Village at Wood Wharf swings into action. The first of its kind in London, it aims to mirror the scenes of Murray Mount with a big screen but with the addition of tennis related activities designed to keep all ages entertained, including table tennis, miniature tennis and the ever popular fastest serve competition. There’s food, drink and tennis merchandise on sale at this great event for all the family to enjoy. D tennisvillagefanpark.com Monday 30 June – Sunday 6 July 10am – 10pm Wood Wharf, Canary Wharf, E14 FREE to visit

Monday 23 – Saturday 28 June Monday – Friday 12pm – 2:30pm Saturday 1pm – 5pm Throughout Canary Wharf, E14 FREE to visit

Dancing City at Canary Wharf A summer of outdoor dance arrives at Canary Wharf for a week of ballet, street dance, contemporary and traditional dance. Enjoy full performances and bitesized al fresco dance treats from some of the very best UK and international dance companies and artists within Canary Wharf’s parks, piazzas and waterfronts against its dramatic architectural backdrop. Highlights include Hasta Donde from the acclaimed Sharon Fridman with

Sport at Wood Wharf

a poetically intense duet; La Mirada Interior from Spanish dance company Producciones Imperdibles, where the audience wears headphones and chooses between three very different musical scores to accompany the one choreography; Two of a Kind presented by Ballet Black, a new quartet choreographed by Christopher Marney about changing relationships, and Por Casualidad presented by two bailaores Marco Vargas and Chloé Brulé who are masters of flamenco.

Action For Kids Beach Volleyball Championships The beach is back at Wood Wharf this summer for some fun in the sun. Having raised a fantastic £70,000 last summer in its inaugural year at Canary Wharf, this fast-paced, action packed sporting event is resident at Wood Wharf for three weeks full of beach activities and tournaments. If you did not try Beach Volleyball last year, then do not miss out this summer – enter a team into the Championships, turn up during the pay to play sessions or take part in a taster session. D actionforkids.org/citybeachvolleyball

Monday 30 June – Friday 18 July 11am – 10pm Wood Wharf, Canary Wharf, E14 FREE to visit

canarywharf.com

@yourcanarywharf

THE Directory Whether you want to dine or to drink, to purchase gorgeous gifts and stylish outfits, to keep fit or to be pampered, Canary Wharf is home to a wealth of services and amenities Watches & Jewellery

health & beauty

art

fashion

Aspinal of London Cabot Place 020 7719 0727

bareMinerals Jubilee Place 020 7719 1182

Artisan Fine Art Canada Place 020 3229 0172

Accessorize Canada Place 020 7512 9352

Cadenzza Jubilee Place 020 7513 2946

David Clulow Opticians Cabot Place 020 7345 9181 Jubilee Place 020 7519 6284

Frontispiece the Gallery One Canada Square 020 7363 6336

Alfred Dunhill Cabot Place 020 7519 6326

Carat* Cabot Place 020 7516 0347 Charles Fish Cabot Place 020 7512 9595

Dove Spa @ Virgin Active Westferry Circus 020 7519 6657

David M Robinson Jubilee Place 020 7538 2332 Goldsmiths Canada Place 020 7512 9779 Links of London Jubilee Place 020 7519 1767 Monica Vinader Jubilee Place 020 7719 0458 Montblanc Canada Place 020 7719 1919 Pandora Cabot Place 020 7987 9801 Tiffany & Co. Cabot Place 020 7409 2790 Tumi Cabot Place 020 7513 2456

SUMMER SCREENS

Watch games and highlights from Wimbledon, the British and Scottish Golf Open Championships and the Proms 2014 on open air screens in Canada Square Park, 19 June – 19 August.

Brown’s London Canada Place 020 7513 2757

Aquascutum Cabot Place 020 3069 8790

chocolate

Banana Republic Jubilee Place 020 7719 0743

Nicholson & Griffin Jubilee Place 020 7512 9890

Hotel Chocolat Canada Place 08444 93 13 13

Cath Kidston Jubilee Place 020 7719 8255

Reebok sports club Canada Place 020 7970 0900

Charbonnel et Walker Cabot Place 020 7512 9168

Charles Tyrwhitt Canada Place 020 7513 2988

re:spa Canada Square 020 7970 0912

Godiva Jubilee Place 020 7513 1150

Rituals… Jubilee Place 020 7719 0449

electrical

Sean Hanna Jubilee Place 020 7513 2660

Carphone Warehouse Cabot Place 020 7513 0811

SK:N Canada Place 020 7516 0106

Currys Digital Cabot Place 020 7513 0330

The Gentry Hair & Spa Canada Place 020 7519 6660

HMV Canada Place 020 7512 9222

treatment suite; Four Seasons Hotel London at Canary Wharf Westferry Circus 020 7510 1999 fourseasons.com/canarywharf The Rejuvenation Clinic & Medispa Cabot Place 020 3229 0257 Toni & Guy One Canada Square 0844 445 7722 Urban Beach Tanning & Beauty Jubilee Place 020 3200 2000

Choice Jubilee Place 0845 271 9909 Church’s English Shoes Cabot Place 020 7538 9730 COS Jubilee Place 020 3197 9110 Dorothy Perkins Canada Place 020 7512 9707 Dune Cabot Place 020 7715 4755

sport

Emmett Shirts Jubilee Place 020 7001 0783

Asics Jubilee Place 020 7516 9162

English Tailoring 14 South Colannade 020 7512 9991

Evans Cycles 30 South Colonnade 020 7516 0094

French Connection Jubilee Place 020 7512 9110

Reebok Sports Shop Canada Place 02079700900

Gant Canada Place 020 7715 7470

Runners Need Churchill Place 020 7512 9107

Gap Canada Place 020 7512 1335

Sweaty Betty Jubilee Place 020 3302 8763

Hackett 10 Cabot Place 020 7513 0400

Hackett, Cabot Place

Sri Nam, North Colonnade

Charbonnel et Walker, Cabot Place

Jamie’s Italian, Churchill Place

Hobbs Canada Place 020 7513 2763

whistles Jubilee Place 020 7519 6132

REEBOK BAR & RESTAURANT Canada Place 020 7970 0920

Hugo Boss Cabot Place 020 7715 5302

The White Company Jubilee Place 020 3701 8099

Gaucho Canary Canary Riverside 020 7987 9494 gauchorestaurants.co.uk

Jaeger Menswear, Cabot Place 020 3589 2948 Womenswear, Cabot Place 020 3328 9440

Wolford Jubilee Place 020 7494 4343

Karen Millen Jubilee Place 020 7519 6153 Kurt Geiger Cabot Place 020 7673 9869 L.K. Bennett Jubilee Place 020 7719 0090 Massimo Dutti Cabot Place 020 7718 5030 Monsoon Canada Place 020 7512 9543 Oliver Bonas Jubilee Place 020 7719 1133 Orlebar Brown Jubilee Place 020 7513 1157 Schuh Jubilee Place 020 7513 2468 Ted Baker Canada Place 020 7519 6588 Tesutti Canada Place 020 7993 1318 Thomas Pink Cabot Place 020 7513 0303 TM Lewin Canada Place 020 7519 6292 Jubliee Place 020 7519 6292 Topshop Canada Place 020 7512 1996

food & drink ALL BAR ONE Reuters Plaza 020 7516 0191 AMERIGO VESPUCCI Cabot Square 020 7513 0288 BATTERY CLUB Westferry Circus 020 8305 3089 Boisdale of Canary Wharf Cabot Place 020 7715 5818 boisdale.co.uk BYRON Cabot Place 020 7715 9360 byronhamburgers.com Café Brera Cabot Place 020 7512 9191 Jubilee Place 020 7516 9090

Gourmet Burger Kitchen Jubilee Place 020 7719 6408 gbk.co.uk HENRY ADDINGTON Mackenzie walk 020 7719 1114 IBERICA CANARY WHARF Cabot Square 020 7636 8650 ibericalondon.co.uk Jamie’s Italian Churchill Place 020 3002 5252 jamieoliver.com/italian Le Pain Quotidien Jubilee Place 020 3617 6631 Le Relais de Venise L’Entrecôte 18-20 Mackenzie Walk 020 3475 3331 relaisdevenise.com NICOLAS WINE MERCHANT One Canada Square 020 7512 9092

ROCKET RESTAURANT & BAR Churchill Place 020 3200 2022 Roka The Park Pavilion 020 7636 5228 rokarestaurant.com Royal China Westferry Circus 020 7719 0888 Smollensky’s Reuters Plaza 020 7719 0101 smollensky’s.co.uk Sri nam 1 North Colannade 020 7715 9515 Sweet Couture Canada Place sweetcouture.co.uk The Cat and Canary 25-28 Fisherman’s Walk 0207 512 9187 The Parlour The Park Pavilion 0845 468 0100 theparlourbar.co.uk

Obikà Mozzarella Bar West Wintergarden 020 7719 1532

Wagamama Jubilee Place 020 7516 9009 wagamama.com

CARLUCCIO’S Reuters Plaza 020 7719 1749 carluccios.com

One Canada Square Restaurant & Bar One Canada Square 020 7559 5199

Wahaca The Park Pavilion 020 7516 9145 wahaca.com

Canteen The Park Pavillion 020 7513 0406 canteen.co.uk

the pearson room Canada Place 020 7970 0920 thepearsonroom.co.uk

CORNEY AND BARROW Cabot Square 020 7512 0397

Plateau Restaurant, Bar & Grill Canada Place 020 7715 7100 plateaurestaurant.co.uk

DAVY’S WINE BAR Fisherman’s Walk 020 7363 6633 First Edition Cabot Square 020 7513 0300 firsteditionrestaurant.co.uk

Quadrato Restaurant Four Seasons Hotel London at Canary Wharf Westferry Circus 020 7510 1857 fourseasons.com/canarywharf

THE PEARL IZUMI TOUR SERIES

A serious cycling event challenging champions from around the world and even Canary Wharf’s own tenants in action-packed races on 5 June.

APRIL 2014 CW 119

DAY NURSERY 3 months - 5 years

vision with tradition

Tel: 020 3306 0758

LIMITED OFFER 2 Days £595 (£695) 3 Days £830 (£995) 4 Days £1,065 (£1,200) 5 Days £1,255 (£1,495)

Fees frozen All places booked in June will have these reduced fees frozen until Jan 2016

OPENING SOON

AT ATfirst THE THE LANDMARK LANDMARK 2014 2014 Please note: only a limited number of places are available. First come, serve basis

ENROLL ENROLL NOWNOW 020 3306 0758 0207 515 8333

NOW OPEN

West In dia

Avenue

North C olonnad

Upper B

Canary Wharf

ONLY 2 MINS WALK Canary Wharf Tube

Bank S treet

Excellent Excellent Ofsted Ofsted Reports Reports Baby Baby Gym Gym Baby Baby Salon Salon Large Large Outside Outside Space Space

Canary Wharf

Heron Quays

CCTV CCTV

Wood Wharf

NEG NEG Available Available

rsh

Ma ll Wa

Admir a

ls Way A120

Westferry Road

ank Stre et

vision vision with with tradition tradition

at The Landmark South

DAY DAY NURSERY NURSERY

Childcare Childcare Vouchers Vouchers Accepted Accepted Full-Time Full-Time and and Part-Time Part-Time

LONDON Homes&

PROPERTY Showcasing the finest homes in your area

Covering Canary Wharf, The Royal Docks, Stratford, Bow & Wapping

The Up & UP The experts reveal the key factors driving the rise and rise in house prices

Image courtesy of Cole & Son cole-and-son.com

CW Mag-Sales-June-RHP

16/05/2014 16:09:27

CW Mag-sales-June 2014

16/05/2014 16:10:17

KnightFrank.co.uk West India Quay, Hertsmere Road Two bedroom apartment

A spacious south facing apartment located on the 18th floor of a premier development. 2 bedrooms, 3 bathrooms, reception room, open plan kitchen, parking, concierge. EPC rating B. Approximately 147 sq m ﴾1,582 sq ft﴿ Guide price: £900 per week

KnightFrank.co.uk/lettings cwharf@knightfrank.com 020 3641 9294 ﴾CWQ194354﴿

St Davids Square, Nr Canary Wharf

Three bedroom apartment Large three bedroom apartment with south facing river views from the balconies. 3 bedrooms, 2 bathrooms, reception room, kitchen, concierge, parking, leisure facilities. EPC rating C. Guide price: £650 per week

KnightFrank.co.uk/lettings cwharf@knightfrank.com 020 3641 9294 ﴾CWQ197100﴿

All potential tenants should be advised that, as well as rent, an administration fee of £276 will apply when renting a property. Please ask us for more information about other fees that may apply or visit KnightFrank.co.uk/tenantcharges

CW mag-June-lettings-crop

20/05/2014 14:55:01

KnightFrank.co.uk Pan Peninsula, Nr Canary Wharf Two bedroom apartment

Two bedroom apartment located on the 18th floor within London's tallest and most spectacular residential building. 2 bedrooms, 2 bathrooms, reception room, kitchen, concierge, leisure facilities. EPC rating B. Guide price: £595 per week

KnightFrank.co.uk/lettings cwharf@knightfrank.com 020 3641 9294 ﴾CWQ140079﴿

Discovery Dock, Nr Canary Wharf Two bedroom apartment

Spacious south facing two bedroom apartment located on the 18th floor of this premier development in Canary Wharf. 2 bedrooms, 3 bathrooms, reception room, open plan kitchen, parking, concierge. EPC rating B. Guide price: £600 per week

KnightFrank.co.uk/lettings cwharf@knightfrank.com 020 3641 9294 ﴾CWQ188565﴿

CW Mag Lettings-2-crop1

20/05/2014 14:52:29

KnightFrank.co.uk

Metropolitan Wharf, Wapping E1W An exclusive collection of penthouse apartments

A rare opportunity to live in one of 5 exceptional 6th floor penthouse apartments in a delightful riverside location. 2 bedrooms, 2 bathroom suites with underfloor heating, a large open plan kitchen and terrace, 24 hour security and underground parking space. Available furnished or unfurnished Prices range from £2,300 ‐ £3,500 per week

Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5369

﴾WAQ195301﴿ All potential tenants should be advised that, as well as rent, an administration fee of £276 will apply when renting a property. Please ask us for more information about other fees that may apply or visit KnightFrank.co.uk/tenantcharges

CW mag June 14

21/05/2014 11:14:15

KnightFrank.co.uk Corbetts Wharf, Bermondsey SE16 Outstanding river views

Fantastic apartment in a charming warehouse conversion on the river in Bermondsey. 2/3 bedrooms, 2 bathrooms, open plan kitchen and reception room, entrance hall, guest cloakroom, study area, and a balcony with river views. EPC rating C. Approximately 140 sq m ﴾1,460 sq ft﴿ Available furnished Guide price: £695 per week

Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5369 ﴾WAQ190088﴿

The Deckhouse, London Bridge SE1 Spectacular penthouse

Fantastic duplex penthouse to rent in London Bridge. 3 bedrooms, 3 luxury bathrooms ﴾2 en suite﴿, reception room, separate kitchen, study, entrance hall, 5 terraces and views of The Shard. EPC rating C. Approximately 199 sq m ﴾ 2,137 sq ft﴿ Available furnished Guide price: £1,750 per week

Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5369 ﴾WAQ181963﴿

CW mag June 14

21/05/2014 11:57:39

KnightFrank.co.uk

CW Mag-Sales-June-RHP

16/05/2014 16:09:27

KnightFrank.co.uk

CW Mag-sales-June 2014

16/05/2014 16:10:17

savills.co.uk

for sale

Montpelier Square, SW7

gledhoW gardenS, SW5

5 bedroom suites u access to garden square u EPC=E

4 bedrooms u open plan kitchen/reception room u EPC=C

Guide £8.65 million

Guide £7.5 million

Knightsbridge - 020 7581 5234

Chelsea - 020 7578 9000

for sale

28 offices in london, 80 offices in the uK and 500 offices globally.

ellington Street, N7 2 bedrooms u terrace u gated driveway u EPC=E Guide £995,000 Islington - 020 7226 1313

for sale

Computer generated image

radnor place, W2

WiMbledon Village, SW19

4 bedrooms u roof terrace u parking u EPC=D

5/6 bedrooms u contemporary design u EPC=TBC

Guide £4.95 million

Guide £3.6 million

Mayfair - 020 7578 5100

Wimbledon - 020 8971 8111

to let

balhaM parK road, SW12

WeSt india quay, E14

6 bedrooms u south-west facing garden u EPC=E

3 bedrooms u dock-facing u 24hr porter u EPC=C

£1,300 per week + admin fees apply*

£1,600 per week + admin fees apply*

Clapham - 020 8772 6990

Canary Wharf - 020 7531 2500

Wherever you are, whatever your dream home, talk to Savills.

thinking of renting? there are some important things you need to know. *Admin fees to include drawing up the tenancy agreement and reference charge for one tenant - £276 inc VAT one-off fee. £36 inc VAT for each additional tenant/occupant/guarantor reference where required. Inventory check out fee – charged at the end of or early termination of the tenancy and the amount is dependant on the property size and whether furnished/ unfurnished. For more details visit www.savills.co.uk/fees

to let

aShchurch parK VillaS, W12

harbord Street, SW6

4 bedrooms u wooden floors u garden u EPC=D

4 bedrooms u landscaped 74ft garden u EPC=C

£1,600 per week + admin fees apply*

£1,100 per week + admin fees apply*

Chiswick - 020 8987 5566

Fulham - 020 7578 9051

1 2

savills.co.uk

CITY TOWER, e14

BOARDWALK PLACE, e14

Reception room ø open plan kitchen ø 2 double bedrooms ø 2 bathrooms ø terrace ø 2 balconies ø parking space ø 24hr concierge ø 89 sq m (958 sq ft) ø EPC=C

Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø terrace ø protected parking ø 109 sq m (1,172 sq ft) ø EPC=C

Guide £595,000 Leasehold

Guide £850,000 Leasehold

Savills Canary Wharf wdickenson@savills.com 020 7531 2500

PORT EAST APARTMENTS, e14

EATON HOUSE, e14

Reception area ø open plan kitchen ø 3 bedrooms ø 2 bathrooms ø study room ø balcony with dock views ø 2 car parking spaces ø 24hr porterage ø Grade I listed warehouse ø 294 sq m (2,579 sq ft)

Reception room ø kitchen ø 3 bedrooms ø 3 bathrooms ø guest w.c ø protected parking ø concierge ø 148 sq m (1,599 sq ft) ø EPC=B

Guide £1.85 million Leasehold

Guide £1.175 million Leasehold

Savills Canary Wharf wdickenson@savills.com 020 7531 2500

3 4

1 2

savills.co.uk

RIVER COURT, se1

FENCHURCH HOUSE, e14

Open plan kitchen/living/dining room ø 2nd kitchen ø 3 bedrooms ø 2 bathrooms ø guest w.c ø underground parking space ø 24hr concierge ø far reaching river and city views ø 297 sq m (3,197 sq ft) ø EPC=D

Reception room ø kitchen ø 3 bedrooms ø bathroom ø shower room ø terrace ø 133 sq m (1,430 sq ft) ø EPC=C

Guide £5.75 million Leasehold

Guide £1.75 million Leasehold

Savills Wapping nefthymiou@savills.com 020 7456 6800

DUNBAR WHARF, e14

PACIFIC WHARF, se16

Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø balcony ø 2 parking spaces ø use of residents gym ø concierge ø 102 sq m (1,100 sq ft) ø EPC=B

Reception room ø kitchen ø 3 bedrooms ø 2 bathrooms ø terrace ø parking space ø 127 sq m (1,372 sq ft) ø EPC=C

Guide £925,000 Share of Freehold

Guide £1.1 million Leasehold

Savills Canary Wharf wdickenson@savills.com 020 7531 2500

3 4

1 2

savills.co.uk

LETTINGS LAYOUT ONLY

SHEARWATER COURT, e1w

BERKELEY TOWER, e14

2 bedrooms (1 en suite) ø further bathroom ø reception room ø balcony with marina views ø 24hr security ø Council Tax=G ø EPC=C

2 bedrooms ø 2 bathrooms ø reception room ø 3 private balconies ø allocated parking ø 24hr porterage ø Council Tax=G ø EPC=E

Furnished £775 per week

Furnished £725 per week

+ £276 inc VAT one-off admin fee and other charges may apply* Savills Wapping brodgers@savills.com 020 7456 6824

+ £276 inc VAT one-off admin fee and other charges may apply* Savills Canary Wharf ibates@savills.com 020 7531 2522

KING GEORGE STREET, se10

NEW CRANE WHARF, e1w

3 bedrooms (2 en suite) ø further bathroom ø reception room ø private rear garden ø underground garage space ø Council Tax=F ø EPC=C

2 bedrooms ø bathroom ø reception room ø allocated parking ø 24hr porterage ø Council Tax=F ø EPC=C

Furnished £675 per week

Unfurnished £550 per week

+ £276 inc VAT one-off admin fee and other charges may apply* Savills Canary Wharf lbrunning@savills.com 0207 531 2523

+ £276 inc VAT one-off admin fee and other charges may apply* Savills Wapping ostaylor@savills.com 020 7456 6810

3 4

*£36 inc VAT for each additional tenant/occupant/guarantor reference where required. Inventory check out fee – charged at the end of or early termination of the tenancy and the amount is dependent on the property size and whether furnished/unfurnished. For more details, visit www.savills.co.uk/fees.

PROPERTY

EXPERT COMMENT a new normal in prime london tom bill Head of London Residential Research at Knight Frank

LETTINGS

SALES

The prime central London rental market has risen for three months out of the first four in 2014 as a pattern of recovery takes hold. April’s rise marks the first two consecutive months of rental growth in prime central London since September 2011, which was the same month UK banks were told to separate their retail and investment banking arms to protect them against future financial crashes. Rents rose 0.3 per cent, which was the third monthly rise so far this year. The annual decline fell to -1.6 per cent, the lowest figure since July 2012. April 2014 brought more legislation for financial institutions, this time in the form of stress tests to prove Europe’s banks could withstand a seven percent drop in GDP. That prospect looks increasingly remote in the UK as a brightening economic outlook buoys the prime central London rentals market. The financial services sector is an important source of demand among tenants and a resurgent IPO market and growing mergers and acquisition activity is boosting employment levels and rental declines are bottoming out. Employment growth at financial firms over the last six months has been reflected by a rise in rental values in prime central London in 2014. The rental market has become a topic of political debate, with proposals by the Labour party that include a cap on rent rises. These measures could prove counterproductive in prime central London, where rental markets vary so drastically from each other that any one-size-fits-all approach to capping increases could deter investors. Lettings are up by a fifth and applicants up by 13 per cent compared to last year, which shows demand remains strong. Rising rents helped halt a decline in rental yields in April, which remained unchanged at 2.83 per cent from March. It was the first time yields have not fallen in three years.

It is tempting to say the last 12 months marked a return to normality for the prime London property market, but the term ‘normal’ is difficult to apply to a market affected as much by global financial markets as it is by UK politics. A reputation as a safe investment, cemented during the financial crisis, and recent periods of political instability all over the world, means there are today more reasons people buy a home in London than there are stops on the tube map. It would be more accurate to say 2013 and the start of 2014 have been marked by less abnormality than the years of doubledigit growth that followed the financial crash. Knight Frank data certainly suggests prime central London’s appeal is widening beyond its so-called ‘safe haven’ status. The number of transactions has jumped markedly. A 37 per cent increase in prime central London sales last year shows more people are spending more money as global economic threats, like the euro zone sovereign debt crisis, recede and the U.S. begins tapering its stimulus programme. Transactions increased across all price bands, including a 33 per cent jump between £1 million and £2 million, an 88 per cent rise between £4 million and £5 million and a 42 per cent increase for £10 million-plus homes. Further proof that the market has evolved beyond a defensive investment is that European buyers fell from 16 per cent to 11 per cent last year, suggesting concerns over the break-up of the euro zone are easing, underlined by the fact there were no Greekdomiciled buyers in 2013 for the first time in four years. However, despite the broadly calmer picture in Europe and the UK, Knight Frank web traffic data suggests inflows from emerging markets could rise as volatility grows in regions like South America and the Far East, unsettled by the withdrawal of economic stimulus in the U.S., China’s transition to a consumer-focussed economy and events such as the situation in Ukraine.

Knight Frank 020 7629 8171 knightfrank.co.uk

JUNE 2014 CW 133

Jupiter House, E16 - OIEO £375,000 Leasehold

Free Trade Wharf, E1W - £650,000 Leasehold

• One bedroom • 2nd floor, 678sqft • Underground Parking Space • 24hr concierge

• Two bed, two bath • 2nd floor, River Views • Residents parking • 24hr concierge, gym & pool

EPC-B

Landmark East, E14 - £800,000 Leasehold

Eaton House, E14 - £1,140,000 Leasehold

• Two bed, two baths • 30th floor, 829sqft • Stunning south west views • Residents parking

• Penthouse apartment • Two bed, two bath • Underground parking • 24hr Concierge

EPC-B

11 Westferry Circus, Canary Wharf, London, E14 4HE

EPC-B

020 7715 9700

www.jll.co.uk/residential

Tenant agency fees: £240 inc VAT administration fee per property, £48 inc VAT referencing fee per Tenant/Guarantor

Adriatic Building, E14 - £330pw

Ringwood Gardens, E14 - £350pw

• Luxury Apartment • One bedroom • Balcony • Limehouse DLR

• Two bedrooms • Bright & spacious • Parking available • Mudchute DLR

EPC-C

Pan Peninsula, E14 - £600pw

St Davids Square, E14 - £630pw

• Two bed, two bath • 32nd floor, south facing • 24hr concierge & gym • South Quay DLR

• Three bed, two bath • River Views • 24hr concierge & gym • Island Gardens DLR

EPC-B

dockland.sales@eu.jll.co.uk

Beyond your expectations www.hamptons.co.uk

Trinity Tower, Quadrant Walk, E14 ÂŁ1,012,000 Share of Freehold A luxurious two bedroom two bathroom apartment, enviably located in an exclusive development moments from the bustling heart of Canary Wharf. EPC: B

Berglen Court, E14 ÂŁ1,299,950 Leasehold A gorgeous three double bedroom 1,442 sq ft apartment with its own private entrance and an aspect looking directly onto the Limehouse Marina. EPC: C

Hamptons Canary Wharf Office Sales. 020 7346 5801 | Lettings. 020 7346 5802

Norman Road, SE10 £460 per week (charges apply*) A superb two bedroom apartment located on the top (7th) floor of this exclusive development with a superb private terrace. EPC: C

St. David’s Square, E14 £650 per week (charges apply*) A spacious and modern three bedroom apartment with stunning direct river views and the Cutty Sark. EPC: C

*Tenant Charges Tenants should note that as well as rent, an administration charge of £216 (Inc. VAT) per property and a referencing charge of £54 (Inc. VAT) per person will apply when renting a property. Please ask us for more information about other fees that may apply or visit www.hamptons.co.uk/rent/tenant-charges

Alan Alan Selby Selby is is now now called called CBRE CBRE

40 years in east London saLes, Lettings, management saLes, Lettings, management

Premier LocaL agent database of over 5,000 registered aPPLicants

access to gLobaL contacts

through 300 offices

same team of 21 residentiaL staff

LocaL knowLedge and gLobaL coverage

+44 +44 (0)20 (0)20 7519 7519 5900 5900

CBRE0056 CWMAG Ad 4pp.indd 1

residential.canarywharf@cbre.com residential.canarywharf@cbre.com

www.cbre.co.uk/residential www.cbre.co.uk/residential

21/03/2014 14:27

CBR

alan alan selby selby is is now now called called cbre cbre

we’ve changed our name Alan Selby & Partners are now called CBRE

the the same same team team off offering ering the the same same great great residential residential sales, sales, lett lettings ings and and management services, now have management services, now have a a global network they can access, to global network they can access, to get get the the best best buyers buyers and and tenants tenants for for your your property property from from around around the the world. world. Get find nd out out more more about about Get in in touch touch to to fi CBRE CBRE Residential Residential London London

+44 +44 (0)20 (0)20 7519 7519 5900 5900

14:27

CBRE0056 CWMAG Ad 4pp.indd 2

residential.canarywharf@cbre.com residential.canarywharf@cbre.com

www.cbre.co.uk/residential www.cbre.co.uk/residential

21/03/2014 14:27

Sales Alan Selby is now called CBRE

Ontario Tower, E14 Excellent Studio

o le

N e

g e

A 10th floor studio / suite in Ballymore’s prestigious Ontario Tower development, offering stylish interiors in a fantastic location on the outskirts of Canary Wharf.

c ti o n

The accommodation provides a sleeping area with built in wardrobes, an integral modern bathroom, a sitting area and open plan kitchen with integrated appliances. Ontario Tower offers 24 hour concierge, lift access, secure entry, and leisure facilities. The best in riverside living with a wealth of Canary Wharf shops and amenities close by. The apartment is offered chain free and ideal for investment, pied-à-terre or first time purchase.

£309,995 s

Amsterdam Road, E14 Spacious & Bright

o le

N e

g e

New to the market is this 1 bedroom, 506 sq ft top floor apartment.

c ti o n

The south facing ‘L shaped’ living room is in very good condition and has far reaching views towards Greenwich Park. Situated on a corner plot, this apartment offers exceptional natural light and the additional benefit of windows in both the kitchen and bathroom. The partially open-plan kitchen links well with the dining area and offers plenty of work space. The double bedroom, situated to the rear, has excellent views of the Canary Wharf business district, Pan Peninsula and even the O2 . The development itself is set in a very tranquil location on the River Thames. It is conveniently situated for local amenities and transport links.

+44 (0)20 7519 5900

residential.canarywharf@cbre.com

£299,995 www.cbre.co.uk/residential

Sales Alan Selby is now called CBRE

s o le

N e

Millennium Harbour, E14 Fantastic Location

g e

Situated in one of Docklands most popular residential developments, Millennium Harbour, is this extremely well presented one bedroom apartment. Covering 539 sq ft, this one bedroom apartment is well presented throughout.

c ti o n

Offering a generous living/dining room with access to communal gardens. Separate kitchen with integrated appliances, family bathroom and one double bedroom with ample storage. This particular apartment also benefits from its own allocated parking. The development itself offers a 24hr concierge, gymnasium and spa. Situated within 400 metres of the Canary Wharf estate which offers an array of shops, bars, restaurants and leisure facilities as well as DLR and Jubilee line connections.

ÂŁ395,000 s

Lumina Building, E14 Views of the Wharf

o le

N e

g e

u c ti o n

Offered on a sole agency and chain free basis is this 789 sq ft two bedroom third floor apartment. This naturally bright apartment offers a large open plan living area with excellent views of the Canary Wharf business district which can also be enjoyed from the spacious balcony. The kitchen is modern, fully fitted and in excellent condition. The master bedroom comes with modern en-suite bathroom and also has access to the balcony. The second double bedroom benefits from a sliding partition to side so could also be used as a separate dining room. Lumina Building comes with 24 hour concierge and lifts. Blackwall Station (Docklands Light Rail) is close by for links into the City and the West End.

ÂŁ475,000 +44 (0)20 7519 5900

residential.canarywharf@cbre.com

www.cbre.co.uk/residential

Franklyn James

E14 Millharbour, Canary Wharf

£340 PW

E14 Duke Shore Wharf, Limehouse

£345 PW

A beautifully presented one bedroom apartment located within a short walk to South Quay DLR and Canary Wharf. The property comprises of one double bedroom, a modern bathroom suite, separate W/C, reception room and a large fully integrated kitchen.

A generously proportioned one double bedroom apartment located on historic Narrow Street. The property is on the first floor and comprises a good sized bedroom, fully fitted kitchen and spacious reception room with a private balcony overlooking the river.

E14 Galaxy Building, Isle of Dogs

E14 Phoenix Wharf, Limehouse

£460 PW

An exceptionally spacious two double bedroom apartment set within the desirable Odyssey development which features a gym and 24hr concierge and parking. The apartment itself boasts two bathrooms, a modern integrated kitchen, a large reception room and a private balcony.

£635 PW

A stunning two bedroom, two bathroom apartment offering a generous amount of living space and direct Thames views. Features include a smart open-plan living space with a lounge, dining area and a modern fitted kitchen, private balcony and allocated parking.

www.franklynjames.co.uk enquiries@franklynjames.co.uk

E14 Limehouse Cut, Limehouse

ÂŁ699,950

An incredible 1,376 sq ft one bedroom apartment set within a historic converted warehouse. The property features an impressive spiral staircase, two bathroom suites, a galley style bedroom, a large communal terrace and allocated parking.

E14 Brightlingsea Place, Limehouse

ÂŁ1,250,000

A charming four bedroom, three bathroom townhouse set over four floors. The property is located in a desirable location and has been maintained to an incredibly high standard with luxury fixtures and fitting throughout. Features include underground parking and communal gardens.

Canary Wharf 020 7005 6080

Bow 020 8983 2930

Limehouse 020 7791 1777

www.franklynjames.co.uk

GR O W TH The market leading up to spring has seen record growth in property values and with that in mind, there has never been a better time to talk to us about selling or letting your property. From each of our three local branches we provide a premium service and extensive marketing in order to achieve the very best price for your property.

Docklands

Limehouse

Bow

Sales & Lettings

Docklands@franklynjames.co.uk 60 Westferry Road, London, E14 8JE

Limehouse@franklynjames.co.uk 29 Narrow Street, London, E14 8DP

Bow@franklynjames.co.uk 53 Bow Road, London, E3 2AD

020 7005 6080

020 7791 1777

020 8983 2930

Franklyn James ESTATE AGENTS

property

STATE OF THE MARKET THE EAST LONDON BOOM

CHANGES IN MORTGAGE LENDING

JASON TAYLOR, sales director at Franklyn James Estate Agents, comments on the state of the residential property market

ALASDAIR CARPENTER, managing director of Lourdes Estate Agents, comments on the state of the residential property market

THE TEMPERATURE is rising and so is the sales market! It has been a record breaking month with sales agreed, several offers going to sealed bids and many achieving over the asking price. It would seem that there are still approximately three to four buyers for every property that comes to market and the only way to cope with the demand is to conduct open house days. E14 is still very attractive to many first time buyers and investors as you get more value for money compared to the neighbouring postcodes. The question we are asked the most is where is the market at the moment and where is it heading. As local agents we can forecast what may happen in the next three to six months but as we all know the first headline with bad news soon creates an ill feeling amongst buyers as well as sellers. One thing for certain is that interest rates will rise next year and many multi landlords we start to offload some of their portfolios giving buyers more choice as there is very little availability at present. East London has seen a lot of growth in recent times with the amount of new builds being constructed and Crossrail due to be completed, any purchase will almost certainly grow in value. Lee Alter, lettings manager, comments on the rental market: “Since spring has arrived, the rental market has begun to flourish. Not only have we seen a surge of new instructions coming to the market, there has also been an increase in the number of tenants moving to the area who are looking to rent. Corporate clients of ours are increasingly showing their presence within the market by taking up multiple tenancies on a long term basis offering security for our clients whilst at the same time paying a respectable rent. At present there are multiple projects taking place in the Docklands area and these new developments offer luxurious living with the very best facilities whilst being situated in locations that offer easy access into Canary Wharf and Central London. Demand for renting in London may be down to the influx of people who are relocating from overseas to either work or study for specific periods of time. This is perhaps why the London market is ever increasing in comparison to other parts of the UK and is ever more popular with tenants and investors alike.”

Franklyn James Estate Agents Docklands, Limehouse & Bow 020 7005 6080 franklynjames.co.uk

I HAVE BEEN been disappointed, although not surprised, by the somewhat sensationalist tone of much of the media commentary regarding the Mortgage Market Review (MMR). In an attempt to impose some balance in the debate it is worth reminding ourselves of a few basic facts:  A mortgage commitment is a long term undertaking, typically

of between 20-35 years. If we have learned anything from history it is that significant swings in economic growth, unemployment, inflation and interest rates are largely unpredictable.  An absence of strong, interventionist regulatory guidance leads to products that are poorly controlled and lending that is badly targeted. Given the above, the MMR is perhaps best seen as an attempt to introduce greater consistency and quality of mortgage lending decisions whilst avoiding a return to the more reckless episodes from the recent past. It recognises the duration of a mortgage commitment and drives lenders towards assessing customers’ capacity to meet their commitments over the term of the loan. It’s important that customers wishing to borrow a substantial amount of money over a long period of their life should welcome a thorough appraisal of their ability to afford the ongoing commitment. Yes mortgage assessments may take a little longer than the more streamlined processes in operation previously, and yes, some customers will not secure financing for the full amount that they may have wished for and some customers will be declined. However, this has always been a feature of credit markets and not something that any sound financial institution should have to apologise for. So lest we get carried away with overly emotional analysis and sensationalism it is worth remembering that sound lending decisions benefit customers, the economy and lenders and if we’ve learned anything from the past it should be that attempts to promote this should be objectively assessed and celebrate.

Lourdes Estate Agents 020 7538 9250 lourdes-estates.com

JUNE 2014 CW 145

Basin Approach, Limehouse, E14

Victoria Wharf, Limehouse, E14

A delightful one bedroom, third floor apartment in this highly desirable marina side development. The apartment benefits from a direct marina view, attractive neutral decor, large private terrace, secure underground car parking, 24 hour concierge and is ideally located within close proximity to Limehouse DLR station.

This two double bedroom apartment ideally situated in this highly sought after Narrow Street development. The apartment features a spacious lounge and private balcony with stunning views towards Canary Wharf and the City. Further benefits include two family bathrooms, separate kitchen, parking and on-site concierge.

EPC = C

£355 per week

EPC = D

£550 per week

Phoenix Wharf, Limehouse, E14

Berglen Court, Limehouse, E14

A stunning two bedroom apartment situated in this highly sought after Narrow Street development. The property features a large open plan lounge with fully integrated kitchen, wooden flooring and a private waterfront balcony offering fantastic views. The property further benefits from two contemporary bathrooms and secure allocated parking.

One of the finest three bedroom penthouses situated within the sought after Limehouse Marina. Measuring at approximately 1367sq ft. featuring an amazing open plan reception with brand new kitchen and bathrooms, secure parking and large private balcony with breathtaking views over the Marina and Canary Wharf.

EPC = B

EPC = D

£650 per week

96 Three Colt Street, Limehouse, London, E14 8AP

£825 per week

lourdes-estates.com 020 7538 9250

Aegon House, Coldharbour, E14

Franklin Building, Westferry Road E14

A spacious two bedroom apartment situated in a desirable location. The property features a large reception room with floor to ceiling windows, a large master bedroom, an additional bedroom, fully fitted kitchen and modern bathroom suite. The apartment is within close proximity to Crossharbour DLR and Canary Wharf.

A two double bedroom apartment, comprising of a spacious lounge with set back river view, recently refurbished kitchen, two double bedrooms, en suite and a three piece bathroom suite. Futher benefits include 24 hour concierge and secure parking.

EPC = C

£370,000

£485,000

EPC = C SO

- AN

OT H

WA N

TED

Concordia Wharf, Coldharbour, E14

Dundee Wharf, Limehouse, E14

A well presented two bedroom, two bathroom apartment located in the charming Concordia Wharf development. The property boasts a bright lounge with direct views over the river and the O2, separate fitted kitchen, two double bedrooms, two bathrooms and a private balcony. Concordia Wharf is within close proximity to Canary Wharf.

Located no further than a five minute walk to Canary Wharf and Westferry DLR. This spacious apartment situated on the top floor benefits from a spacious living room with stunning south facing river views, a large kitchen, master bedroom and a three piece shower suite, a second double bedroom and a fully refurbished modern family bathroom.

EPC = D

£625,000

EPC = D

£720,000 enquiries@lourdes-estates.com

CANARY WHARF DPS MAY 14.qxp_Layout 1 14/05/2014 11:53 Page 1

South Quay E14

Royal Docks E16

Two bedroom apartment I Balcony Concierge I Gym I Parking Furnished I EPC C

Three double bedroom apartment I Large balcony Walk in wardrobe I Storage room Furnished I EPC D

Bow Quarter E3

Bow E3

£1,100 per week

£360 per week

Two bedroom apartment I Warehouse conversion Gated development I Gym I Pool Furnished I EPC D

Sales 020 7791 7000

Lettings 020 7791 7011

£495 per week

£400 per week

Two bedroom apartment I Modern development Porter I Parking available Furnished I EPC C

The Only Estate Agent @ Limehouse Basin HURFORD

SALVI

CARR

Limehouse E14

Limehouse Cut E14

Two bedroom apartment I Balcony I Porter Secure development I Secure parking I Limehouse DLR 784sqft/73m2 I EPC C

Vast open plan I Warehouse duplex I Former factory Communal roof terrace I Secure parking I Langdon Park DLR 3,100sqft/288m2 I EPC D

Stepney Greet E1

Limehouse Basin E14

Dual aspect I One bed apartment I Converted school I 2nd floor Secure block I Porter I Whitechapel/Stepney Green tube 445sqft/41m2 I EPC D

Three bedroom penthouse I Basin Views I Outside space Secure development I Porter I Parking I Limehouse DLR 1,314sqft/122m2 I EPC C

£565,000

£375,000

£1,120,000

£1,100,000

hurford-salvi-carr.co.uk

Riviera Court, West Wapping E1W

ÂŁ1,495,000

ea2 are pleased to offer this unique 3 double bedroom penthouse apartment. the apartment features a bright and spacious reception with spiral staircase leading to a mezzanine. other features include direct access to the flat via a private lift, Secure underground parking, ample storage. close to St Katharineâ&#x20AC;&#x2122;s dock and easy access to the city & Canary Wharf.

Tradewinds Court, West Wapping E1W

Queen of the Isle, Docklands E14

Rental Price: £330 Per Week

Rental Price: £380 Per Week

Kingsley Mews, Wapping E1W

Rum Close, Wapping E1W

Rental Price: £380 Per Week

Rental Price: £500 Per Week

Freetrade Wharf, Wapping E1W

Swan Court, St Katharine’s Way E1W

Rental Price: £600 Per Week

Rental Price: £1,730 Per Week

Modern 1 double bedroom apartment with reception room, kitchen & Bathroom. Situated in West Wapping within very popular secure development with parking. Short stroll to vibrant St Katherine’s Dock and City amenities and within easy access to Canary Wharf. Good condition throughout. Porterage on site. Must be viewed.

Situated within this modern development and situated close to Tower Hill and the City is this spacious 2 bedroom apartment. Fitted kitchen, reception and bathroom. Timber flooring. Good condition throughout. Must be viewed. Please note we have a selection of properties within this development to rent. Available the 14/05/14.

ea2 are pleased to offer this 2 Double bedroom apartment in the popular Freetrade Wharf development, The apartment has a newly refurbished kitchen and bathroom, Views over The Thames , 24 hour concierge, usage of swimming pool and gym, secure underground parking. Available now.

ea2 are pleased to offer to let this 2 Bedroom, 2 Bathroom 4th Floor Modern Built Apartment. Laminate Wood Floors. Open Plan Lounge and Kitchen. Close to Canary Wharf Station and Canary Wharf District. Availability date flexable.

3 Bedroom corner House. Situated fronting Wapping Woods. Spacious Reception. Kitchen/ Breakfast area. Ground floor WC. First floor Bathroom. Patio rear garden. Front patio area. Must be viewed. Situated close to Wapping station. Within easy access to the City and Tower Hill. Available 2/6/14.

ea2 are pleased to offer to rent this unique 6th & 7th floor penthouse apartment within the most prestigious location of the historic St Katherine’s Dock, West Wapping. The apartment consists of 3 Bedrooms, 3 bathrooms, reception, fitted kitchen. Terrace and balcony. Superb views over St Katharine’s Dock.

London’s Finest Properties www.liferesidential.co.uk | 020 3668 1030

Streamlight Tower· E14

Ontario Tower· New Providence Wharf· E14

1 bedroom, 1 bathroom apartment | Available end of May | Close to Canary Wharf & Blackwall DLR | Concierge

1 bedroom, 1 bathroom apartment | Available May | On-site Health and Leisure Centre | Furnished

£ 375 p/w

£ 345 p/w

Red Lion Court· EC4A

A luxury one bedroom apartment prestigiously located just off Fleet Street, EC4. Set on the 2nd floor & exceeding 470 sq ft, the property enjoys sophisticated furnishings and is finished to an exceptionally high standard. The location ensures impressive transport times across the Capital.

Gun House· Wapping· E1

An exceptionally presented two bedroom, two bathroom apartment offering Sout Facing views of the River Thames and Canary Wharf with a private balcony.

Asking Price £ 815,000

Asking Price £ 1,200,000

Kings Quarter· N1

2 bedroom, 1 bathroom apartment | Available June | Private Balcony | Close to Kings Cross Station

£ 420 p/w

Drayton Park· N5

2 bedroom, 2 bathroom apartment | Available end of May | Private balcony | Fully Furnished

£430 p/w

LETTINGS • MANAGEMENT • SALES •

Residential

LIFE have dealt with over 18,000

LIFE currently manage over 3,000 properties in over 75% of

LIFE have sold over £1.6 Billion worth

LIFE currently operate from 12

LIFE deal with

LIFE let on average

tenancies.

London based offices.

London’s postcodes.

Landlords from over 85 countries , over all

5 continents.

of property.

1 property every 120 minutes.

www.liferesidential.co.uk SERVICED APARTMENTS • FINANCIAL SERVICES

Queen’s Gate Place, South Kensington SW7 • 2 Bedrooms

• Fully fitted kitchen

• 2 Bathrooms (en suite)

• 2 Balconies

• Guest cloakroom

• Approx. 973 sq ft (90 sq m)

• Reception room

• EPC rating: current (C) potential (C)

“ A wonderful second floor apartment in this stunning building in the heart of South Kensington”

£1,395 per week Furnished

For more information call Lucy Morton on 020 7306 1630 or email lmorton@waellis.com

W.A.Ellis LLP 174 Brompton Road London SW3 1HP

waellis.com

W.A.Ellis will make an initial one-off tenancy agreement charge of £240 per tenancy plus a £60 referencing charge per tenant. For further details of our services and charges please visit waellis.com

Swan Court, Chelsea Manor Street, Chelsea SW3 • 1 Bedroom

• 24 Hour porterage

• Bathroom (en suite)

• Sonos audio system

• Reception room

• Approx. 636 sq ft (59.08 sq m)

• Kitchen

• EPC rating: current (D) potential (C)

• Lift (to the 7th floor)

“ A stylish newly refurbished top floor (eighth) with exceptional panoramic views over London”

Guide price £1,300,000 Leasehold with 79 years remaining

For more information call Daniel Wiggin on 020 7306 1610 or email dwiggin@waellis.com

W.A.Ellis LLP 174 Brompton Road London SW3 1HP

waellis.com

0808 118 5445 info@johnsand.co

21 WAPPING LANE, E1

PARK VISTA TOWER | PRICE ON APPLICATION Leasehold

CORDAGE HOUSE | £695,000 Leasehold

PARK VISTA TOWER | 2 BEDROOMS | £620 per week

& & & &

Luxurious 9th floor three bedroom apartment Open plan reception | kitchen | dining with balcony Gym, spa, 24hour concierge, screening room Transport: Wapping Overground & access to DLR

Spacious two bedroom apartment Open plan reception | kitchen | dining with balcony 24hour concierge, residents’ only leisure facilities Transport: Wapping Overground & access to DLR

A desirable 9th floor two bedroom apartment Open plan reception | kitchen | dining with balcony Gym, spa, 24hour concierge, screening room Transport: Wapping Overground & access to DLR

PARK VISTA TOWER | £520,000 Leasehold

PARK VISTA TOWER | PRICE ON APPLICATION Leasehold

PARK VISTA TOWER | 2 BEDROOMS | £695 per week

& & & &

High specification one bedroom apartment Open plan reception | kitchen | dining with balcony Gym, spa, 24hour concierge, screening room Transport: Wapping Overground & access to DLR

www.johnsand.co

High specification studio suite bedroom apartment Open plan reception | kitchen | dining with balcony 24hour concierge, residents’ only leisure facilities Transport: Wapping Overground & access to DLR

CANARY WHARF Level 33, 25 Canada Square London E14 5LQ

NEW PROVIDENCE WHARF Unit 8, New Providence Wharf London E14 9PA

Spacious two bedroom apartment on 7th floor Open plan reception | kitchen | dining 24hour concierge and residents’ only leisure facilities Transport: Wapping Overground & access to DLR

WAPPING G03 Cordage House, 21 Wapping Lane London E1W 2RH

Sales, Lettings & Management

0808 118 5445 info@johnsand.co

NEW PROVIDENCE WHARF, E14

PROVIDENCE TOWER | £1,175,000 Leasehold

NEW PROVIDENCE WHARF | £425,000 Leasehold

NEW PROVIDENCE WHARF | £500 per week

& Luxurious three bedroom two bathroom apartment & 24hour concierge on-site, residents’ only leisure facilities and 43rd floor panoramic Skylounge & Transport: DLR & Canary Wharf Underground

& & & &

& Two bedroom two bathroom apartment with open plan reception room and balcony & Residents’ only leisure facilities and 24hour concierge & Transport: DLR & Canary Wharf Underground

PROVIDENCE TOWER | £499,000 Leasehold

NEW PROVIDENCE WHARF | £405,000 Leasehold

NEW PROVIDENCE WHARF | £475 per week

& Spacious one bedroom apartment with open plan reception room and balcony & 24 hours concierge, residents’ only leisure facilities and 43rd floor panoramic Skylounge & Transport: DLR & Canary Wharf Underground

& & & &

& Two bedroom two bathroom apartment with balcony with close proximity to Canary Wharf & Residents’ only leisure facilities and 24hour concierge & Transport: DLR & Canary Wharf Underground

www.johnsand.co

One bedroom apartment in desirable location Open plan reception / dining room 24hour concierge and residents’ only leisure facilities Transport: DLR & Canary Wharf Underground

One bedroom apartment next to Canary Wharf High specification finish with open plan reception 24hour concierge and residents’ only leisure facilities Transport: DLR & Canary Wharf Underground

CANARY WHARF Level 33, 25 Canada Square London E14 5LQ

NEW PROVIDENCE WHARF Unit 8, New Providence Wharf London E14 9PA

WAPPING G03 Cordage House, 21 Wapping Lane London E1W 2RH

Sales, Lettings & Management

www.robertholmes.co.uk

Wimbledon Village

PRICE ON APPLICATION

An exceptional new home offering extensive entertaining space, light filled day rooms, sumptuous bedrooms, tranquil bathrooms, indulgent leisure facilities incorporating the latest technology Drawing room, superb open plan kitchen/dining/family sitting room • study/sitting room • cinema room • gym • wine cellar • 6 bedrooms • 7 bath/ shower rooms • 4 dressing rooms • carriage drive • garage • landscaped garden Open Art Sale Day in aid of Cancer Research: Wednesday 18th June – 12 noon - 8 pm. Please call 0208 947 9833 or e-mail enquiries@robertholmes.co.uk to register your interest

Wimbledon Village’s PremierWimbledon Estate Agent - Village Sales: +44020 (0)020 208947 8947 9833 - Lettings: +44 (0) 20 8879 9669 Wimbledon Village 8947 9833 9833

DISCOVER | EXPLORE|CONNECT

Computer-generated images are indicative only

CELEBRATING A RICH PAST CREATING A NEW FUTURE COMING SOON. The highly anticipated first release of London Dock, by St George, situated just moments from Tower Bridge, the Tower of London, St Katharine Docks and the City. This exciting new destination offers a stunning range of 1, 2 and 3 bedroom apartments, with hotel-style residentsâ&#x20AC;&#x2122; facilities and 24 hour concierge, beautifully landscaped public spaces, shops, bars and restaurants. DISCOVER MORE | LONDONDOCK.CO.UK | 020 7971 7880 LONDON DOCK SALES CENTRE, VAUGHAN WAY, LONDON E1W 1YY

www.stgeorgeplc.com Proud to be a member of the Berkeley Group of companies

SGC_LD_CanaryWharf_297x210_Jun14.indd 1

23/05/2014 11:11

Gun Carriage Mews - Launching 14th - 15th June Register your interest now A collection of just 12 beautifully transformed, contemporary apartments, within a meticulously refurbished Grade II listed building. Ideally located within Heritage Quarter, at Royal Arsenal Riverside. • Located in the Royal Borough of Greenwich

• Forthcoming Crossrail station

• Tesco Express

• Green open spaces

• 300m from National Rail and DLR station

• Young’s Pub and Dining

• Riverside walks

• On-site Thames Clipper pier

• Further leisure and retail forthcoming

Call 020 3581 3559 www.royalarsenalriverside.co.uk Sales & Marketing Suite open daily 10am to 6pm In the last five years, the Berkeley Group has committed to invest £28 million in transport infrastructure

(Thursdays until 8pm). No.1 Street, Royal Arsenal Riverside, Woolwich, London SE18 6FB Computer enhanced image of Gun Carriage Mews is indicative only

This includes a new Crossrail station at Royal Arsenal Riverside For Your Future

Proud to be a member of the Berkeley Group of companies

PROPERTY

South London

HAPPY FAMILIES

New family homes are now available at Greenwich Square

The eagerly anticipated townhouse collection of family homes is due to launch this summer at landmark regeneration scheme, Greenwich Square. Developers Hadley Mace will be offering a bespoke range of 38 four-bedroom townhouses. Spread over three floors, each townhouse spans 1,350 sq ft and has a private rear garden that's perfect for families to enjoy and relax in. These new homes have been designed to the highest quality by Interior Architecture UK and feature bright, open plan living spaces, timber floors, beautiful Italian kitchens and a choice of colour palettes for buyers to choose from. In partnership with the GLA, Royal Borough of Greenwich, and NHS Greenwich, Greenwich Square will create a new public square surrounded by cafes and restaurants as well as providing access to the new Greenwich Centre with its gymnasium, swimming pools, library and medical practice. D Price of a four-bedroom townhouse anticipated to start from ÂŁ750,000.

Savills 0800 077 8177 savills.co.uk

JUNE 2014 CW 161

AN EXPERT’S VIEW: How South East London found its stride and where to invest right now GRAHAM LAWES

Associate Director of Residential at JLL

How have perceptions about living in South London and South East London changed in recent years? Greenwich, Blackheath and Dulwich have become very popular residential areas in recent years due to the quality of living provided within these villagestyle areas. They offer wonderful independent shops and eateries, and their characterful properties have access to convenient transport links to Canary Wharf and The City. We often hear that these attractive areas of South East London offer much better value than West and North London. How has Canary Wharf’s growth as a finical district, and the construction of Crossrail, affected builds and prices in the surrounding areas? Crossrail is a huge selling feature for areas such as Woolwich, where property prices are set to boom as a direct result of it. The growth in the financial district of Canary Wharf has also added to the demand for residential properties in the surrounding areas. When you combine these factors with the short supply of property available, the prices of these properties are set to increase more so than any area outside of London.

JLL 020 7337 4002 jll.co.uk

What kind of buyers, such as families or young professionals, is the South East attracting? Greenwich and Blackheath buyers are typically professional couples, often in chain free positions, with excellent affordability capacities. We find that most of our sellers are families looking to upsize after having started a family. Which areas within the South East do you think are ones to watch? Areas surrounding established markets such as Greenwich and Blackheath are worth noting. As prices in these core areas become stronger and stronger, first time buyers move into areas close to their initially preferred areas. Areas which have already taken off are St Johns, Brockley, and Telegraph Hill. Areas with good potential for the future include Lewisham, Deptford and Woolwich. What tips would you give to buyers investing in a competitive market? In this rapidly rising market we would suggest that buyers are not scared of over spending. That might sound callous and calculating, but we regularly come across buyers that have missed out on numerous properties at open day, and simply do not want to miss out on any more – learning by their own experiences if you like. Any time spent waiting or missing out on a purchase is costing the buyer money as the market rises by almost 1 per cent per month in some areas.

PROPERTY

DEVELOPMENT FOCUS

PROMENADE PRESTIGE

A RARE FIND

SOMETHING FOR EVERYONE

Thanks to Banner Homes, you can now enjoy the best of both worlds. Promenade de Verdun, its most prestigious development to date provides a tranquil environment that also offers easy access to London with excellent connections into London Victoria and London Bridge. Located in one of Surrey’s most exclusive addresses, this gorgeous new development features two luxury new build Arts and Crafts styled homes. With over 7,500 square feet of accommodation, each home features seven en-suite bedrooms, a purpose built office, self-contained staff quarters, wine room, games room, cinema, triple garage and gym with a separate steam room, while the Beech House also offers a first floor library.

The Heights is an exclusive development located close to the much sought after village of Warlingham; a little oasis away from the hustle and bustle of city living. Dacres and Mowbrary House are two five bedroom detached houses each of which have been individually designed with over 3000 square feet of seamlessly modern accommodation. Careful consideration has been given to the specification with underfloor heating throughout, natural wood finishes and all principal rooms are wired for a multi-media system. The area offers a good choice of schools and there's regular train services into both London Victoria and London Bridge, via nearby Upper Warlingham and Whyteleafe South train stations.

A new collection of homes are available at the award-winning development, Oval Quarter. These Shared Ownership homes make owning beautiful property in a thriving new community a reality, because one and two bedroom apartments and three bedroom townhouses are made accessible without compromising on quality. Each home boasts a fully-fitted kitchen with an integrated Smeg fridge freezer and washer dryer, a spacious bathroom and access to an individual balcony, terrace or garden. As part of a wider regeneration scheme, the development is its own neighbourhood of open streets and on-site facilities – including independent boutiques and an ever so handy express supermarket.

WEBB ESTATE, CR8

Southview ROAD, cr6

From £4,500,000

From £1,200,000

From £124,000 for a 40 per cent share of £310,000

BANNER HOMES

ACORN new homes

020 8668 7217 bannerhomes.co.uk

020 8315 6996 acornnewhomes.co.uk

Oval Quarter, SW9

Notting Hill Home Ownership 020 8357 4444 / nhhg.org.uk/oval

JUNE 2014 CW 163

Beckenham 020 8663 4433 Bromley 020 8315 5544 Chislehurst 020 8295 4900

langfordrussell.co.uk

hill brow - br1

Locksbottom 01689 882 988 Orpington 01689 661 400 West Wickham 020 8432 7373

£1,595,000 F/h

Beautifully set on one of Bickley’s most sought after roads behind trees and electronic gates is this imposing six bedroom detached period home with gravel carriage driveway. Accommodation comprises three reception rooms, kitchen/diner, utility room, downstairs WC, six bedrooms and three bathrooms. Planning permission for substantial extension. Energy Efficiency Rating F.

Please contact our Bromley office for more information: Tel: 020 8315 5544 Email: bromley@langfordrussell.co.uk

NEw Road Hill - BR6

£1,395,000 F/H

wickHam couRT Road - BR4

£950,000 F/H

Individual five bedroom detached family home with a self contained two bedroom annexe sitting on a completely secluded plot of 1.8 acres. Accessed through electronic gates, accommodation comprises large reception room, high specification kitchen/ diner, utility room, formal dining room, large conservatory, sweeping driveway with ample parking and detached double garage. Energy Efficiency Rating D.

Stunning period three bedroom cottage conveniently located for both the high street and station. The property boasts an abundance of charm and character including many original features such as ceiling beams, floorboards, flag stones, windows and fireplaces. Externally is a self contained annex, garage and delightful gardens. Viewings are highly recommended. Energy Efficiency Rating E.

Please contact our orpington office for more information: Tel: 01689 661 400 Email: orpington@langfordrussell.co.uk

Please contact our west wickham office for more information: Tel: 020 8432 7373 Email: westwickham@langfordrussell.co.uk

PLease CaLL YOur LOCaL OffiCe fOr a free saLes Or Lettings vaLuatiOn The Acorn Group, incorporating:

Shooters Hill Road, Blackheath, SE3 Price £1,250 per calendar month

Goffers House, Blackheath, SE3 Price £1,850 per calendar month

This Victorian top floor conversion offers well presented accommodation. A large double bedroom, modern bathroom, kitchen with integrated appliances, large reception room. Walking distance to both Blackheath Village and Westcombe Park train station shops and amenities.

Goffers House - prime location in Blackheath Village this three bedroom first floor apartment with superb views of the heath towards the village. Refurbished throughout including brand new kitchen with built-in appliances. Polished parquet floors and neutral decor.

Bedrooms: 1 Receptions: 1 Bathrooms: 1 EPC: D

Bedrooms: 3 Receptions: 1 Bathrooms: 1 EPC: C

Contact Westcombe Park Office on 020 8858 6101

Contact Blackheath Office on 020 8318 1311

Burnt Ash Hill, Lee, SE12 Price £1050 per calendar month

Winforton Street, Greenwich, SE10 Price £2,000 per calendar month

Recently refurbished flat located just moments from Lee Mainline Station and amenities. Accommodation comprises two bedrooms, bright living room, kitchen, and bathroom with separate WC. Externally is a beautifully maintained communal garden. Energy Efficiency Rating D.

This fantastic three bedroom, two reception house, ideally located within West Greenwich is now available to rent. The property is just a five minute walk to central Greenwich, Royal Greenwich Park and Greenwich DLR and Rail Stations.

Bedrooms: 2 Receptions: 1 Bathrooms: 1 EPC: D Contact Lee Office on 020 8852 8633

Bedrooms: 3 Receptions: 2 Bathrooms: 1 EPC: D Contact Greenwich Office on 020 8858 9911

Our standard tenant charges are: £90 agreement fee & £75 per person reference fee. Other fees may apply, visit http://johnpayne.com/tenantfees for more information.

johnpayne.com

Belmont Hill, Blackheath Borders, SE13 Guide Price £1,500,000 Freehold Occupying an impressive plot, this elegant 1920’s five bedroom detached house is well placed for Blackheath Village and Lewisham. In good order Internally it offers a wealth of charm and character, a beautiful south facing garden and large inout drive. Garage. Contact Blackheath Office on 020 8318 1311

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Lee 119 Burnt Ash Road, Lee SE12 8RA 020 8852 8633 lee@johnpayne.com

Five bedrooms Three reception rooms One bathroom 1920’s detached house First class location EPC rating D

Westcombe Park 11 Stratheden Parade, Westcombe Park SE3 7SX 020 8858 6101 westcombe@johnpayne.com

Coleraine Road, Blackheath, SE3 Guide Price £950,000 Freehold A rarely available three bedroom double fronted detached house. With a lawned garden and gated off street parking to the front this property is immaculately finished throughout and offers an unusual level of seclusion and privacy. Contact Westcombe Park Office on 020 8858 6101

Royal Hill, Greenwich, SE10 Guide Price £850,000 Freehold Pretty as a picture! This is an attractive and utterly charming, double fronted, Victorian house situated within this highly regarded West Greenwich Location, just yards from the Bijou shops on Royal Hill and a short walk to Greenwich mainline and DLR stations. Contact Greenwich Office on 020 8858 9911

Greenwich 227 Greenwich High Road, Greenwich SE10 8NB 020 8858 9911 greenwich@johnpayne.com

Blackheath 1 Montpelier Vale, Blackheath SE3 0TA 020 8318 1311 blackheath@johnpayne.com

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Three bedrooms One reception room One bathroom Sought after road Close to heath EPC rating E

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Three bedrooms Two reception rooms One bathroom Period features Chain free EPC rating: D

johnpayne.com

Kidbrooke Park Road, SE3 - £450,000 Leasehold

Annandale Road, SE10 - £875,000 Freehold

• Stunning period conversion • Two double bedrooms • Off street parking • Walk to Blackheath Village

• Period Terraced House • Four Bedrooms • Loft Conversion • Walking distance to Greenwich Royal Park EPC-D

EPC-D

David Mews, SE10 - £895,000 Freehold

Beaconsfield Road, SE3 - £1,650,000 Freehold

• Modern house • Two bedrooms • West Greenwich conservation area • Secure gated garden parking

• Detached period house • Four bedrooms, two bathrooms • Close to Westcombe Park mainline station • Prime Blackheath location

EPC-C

22 College Approach, Greenwich, London, SE10 9HY

EPC-E

020 8858 9986

www.jll.co.uk/residential

Tenant agency fees: £240 inc VAT administration fee per property, £48 inc VAT referencing fee per Tenant/Guarantor

Nelson Road, SE10 - £2,200pcm

Tizzard Grove, SE3 - £2,700pcm

• Brand new period conversion • Two double bedrooms • Close to Cutty Sark DLR • Heart of Greenwich

• New Build House • Three Bedrooms • Large Roof Terrace • Close to Mainline Station

EPC-F

King William Walk, SE10 - £3,100pcm

Shooters Hill Road, SE3 - £4,950pcm

• Beautifully presented house • Four bedrooms • Two reception rooms • Heart of central Greenwich

• Semi-Detached House • Five Bedrooms • Garden with Terrace • Off Street Parking

EPC-D

EPC-B

EPC-F

greenwich.salesenquiry@eu.jll.com

PROPERTY

INSIDER KNOWLEDGE DIANA ALAM Head of Development Sales & City Office at JLL

How is the Crossrail impacting prices and new builds across London? We have seen the impact from Crossrail increase as it is nearing completion, albeit this is still an estimated five years away. With current market activity and the sheer number of investors looking at capital growth, Crossrail has given a real boost in demand from East to West London. To enhance growth further, over-site developments have been identified at 13 Crossrail stations (so far), such as Tottenham Court Road, Farringdon, Liverpool Street, and Whitechapel, where more than three million sq ft of office, retail and residential space will be created. The current debate regarding the proposed Crossrail 2 (from Wimbledon to Alexandra Palace), with Tottenham Court road as the central link, suggests future impact will be substantial throughout the route. Has the presence of Crossrail had any effect on which developments and properties JLL has recently chosen to work with? Two current developments that JLL recently launched have seen

unprecedented demand. The first example is Stratford Central, a Telford Homes scheme next to Westfield, and Stratford international station where Crossrail will travel through. We launched a UK availability of more than 60 apartments and sold out over the three day exhibition in April 2014. Secondly, we launched a development in Canary Wharf, again another Crossrail link, where the developer Mount Anvil looked to pre-sale 20 apartments, but due to exceptional activity has now sold more than 50 per cent of the development. The focus of Crossrail as well as other growth factors has made both developments a real success story. For those investing in property, which areas in London do you believe are ones to keep an eye on? In my opinion the key areas to focus on are Tottenham Court Road (the Crossrail centre point), Victoria (a neighbour of Knightsbridge with great connections at a fraction of the cost) and regeneration areas such as Dalston and Hackney where future growth should be significant. Obviously, looking anywhere along the Crossrail route should add value, however, if Crossrail 2 is approved it is certainly worth looking into the proposed route where we would see stations in areas such as Angel, Clapham Junction, Tooting Broadway and previous hot spots such as Dalston Junction and Victoria.

JLL

020 7337 4004 residential.joneslanglasalle.co.uk

170 CW JUNE 2014

THE BEST IN LUXURY, TRANQUILITY AND ACCESSIBILITY

PROMENADE DE VERDUN, PURLEY, CR8 3LN Purley to London Bridge in 22 minutes Set along the charming tree-lined Promenade de Verdun, Beech House and Poplar House occupy a prime position within the prestigious Webb Estate, with excellent links to central London. Offering up to 8,000 square feet of sumptuous interiors, these homes boast the finest specification with features including a gym, library and wine store.

7 bedroom homes priced at ÂŁ4,500,000 Viewing by appointment only Thursday to Monday, 10am to 5pm Photography features Plot 2, Poplar House. Price correct at time of print.

Take a closer look 0845 899 7235 promenade-de-verdun.co.uk

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