NEWSLETTER - SUMMER 2013 Hello and welcome to the second edition of the 21 Wapping Lane newsletter in which we will update you on the progress of your new home and the community it sits within. Since our first newsletter earlier in the year, a lot has changed at 21 Wapping Lane; our final phase is now underway, pictures of which you can see further on in this edition. I’m also delighted to announce a new relationship between Ballymore and ‘Johns&Co’. The London
based lettings agency is now our recommended lettings and property management company. Overleaf, you can meet the team and hear more about how they can help you rent your home and the benefits that investing in 21 Wapping Lane can bring. We always welcome your feedback and comments. Sean Mulryan, Chairman and CEO, The Ballymore Group
LAST CHANCE TO BUY IN THE TOWER We are very excited about the development of the 18-storey tower here at 21 Wapping Lane, which will be completed in the first quarter of next year. The Tower will give customers some of the best views in London and for anyone looking for an additional investment opportunity here, act fast as just two homes remain on the market. They are two of the finest apartments on offer at 21 Wapping Lane benefiting from incredible design specifications, spectacular views, three spacious bedrooms and more than 2,500 sq ft of living space.
These homes give our customers one final chance to purchase in the Tower. Prices start at £2.5million. For further information about the remaining homes for sale please get in touch with our sales team on 0800 096 7777 or at sales@21wappinglane.com.
INTRODUCING JOHNS&CO AT 21 WAPPING LANE We are delighted to confirm that we have appointed London-based lettings and management company, Johns&Co, as our dedicated agent at 21 Wapping Lane. Johns&Co’s innovative management philosophy will aim to attract tenants six months ahead of project completion. Backed by an existing targeted database of more than 3,000 prospective tenants, their highly-skilled team will aim to create a scenario where there are no void periods for landlords. The company has launched a new show apartment at 21 Wapping Lane which demonstrates the high standard of homes on offer, as well as showcasing a new range of bespoke Johns&Co furniture which has been exclusively released for this luxury development. Johns&Co have a comprehensive and impressive marketing campaign already underway which includes advertising through local media and property websites. Landlords can be assured that their investment will be nurtured by quality staff; passionate about enhancing the tenants’ living experience through a tailored hospitality and management service. CEO and Chairman of Ballymore Properties, Sean Mulryan, is looking forward to a long and successful relationship with this exciting new business: “This newly established link creates a synergy for both companies, but the real benefit lies with our investment customers. This venture ensures that investors can be confident that properties will be occupied from the outset, and that their portfolios will be enhanced from the point of completion. I believe that the unique service on offer from this experienced team will guarantee tenant satisfaction and increase rental periods. I look forward to working with Johns&Co across all Ballymore developments in the future.”
MEET JOHN MORLEY, MD JOHNS&CO Former Head of International Sales at Ballymore, John Morley, has over a decade of experience in the industry. He talks to us about his most recent venture as Managing Director of Johns&Co. Tell us more about the background to the company, how did the idea for Johns&Co develop? The concept of launching a tailored management company which would service investment customers has been on my agenda for some time. Through discussions with the Chairman of Ballymore and the company’s Managing Director, Mr. John Mulryan, the business model was carefully developed. Our insight into the standards, procedures, expectations and the calibre of Ballymore’s investment clients gives us a distinct advantage.
our approach begins six months ahead of completion. This strategy aims to eradicate void periods between legal completion and the occupation of the tenant for our landlords. As a result, we can create a more positive impact on yields. Are there future plans for Johns&Co to extend its portfolio to include other Ballymore Group developments? Certainly, and the next venture is equally as prestigious – Embassy Gardens in Nine Elms. I was involved with the sale of homes in this incredible project, and I’m delighted to be on board to provide a management service for customers in 2014. Subsequently, we will be moving team members into other Ballymore schemes including Providence Tower, West Hampstead Square and Leamouth. You will be the first to be updated so keep an eye on both Ballymore’s newsletters and our own literature for details. How can customers find out more about Johns&Co? Visit our website at www.johnsand.co or get in touch by phone on +44 (0) 20 7118 0300. Interested parties can also meet our team in person at our base at 21 Wapping Lane.
Combining a bespoke luxury service for customers with Ballymore’s exclusive developments makes perfect sense, and more importantly ensures satisfied tenants, nurturing each client’s investment further. Tell us more about the Johns&Co team? Each staff member has over a decade’s worth of experience working for top-level developers and agents in London. Overall the mix results in a unique approach to management meaning we can increase the longevity of the tenancy, which once again benefits the landlord. Crucial to our offering is that the team is based within the development it is managing. We do not believe that this level of service could be achieved if we simply replicated the industry model of being based in a call centre off-site! What gains can our customers expect? I believe Johns&Co’s marketing campaign is second to none, and
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Marketing Suite, 21 Wapping Lane, London E1W 2RH
We are hosting an event for tenants on 23rd July, and would like to extend an invitation to prospective and existing investors who would like to find out more about the top quality service Johns&Co will provide. Pictured above (from left to right): Ross Champion - Property Manager Kate Townrow - Director of Lettings Kasia Majewska - Lettings Negotiator Leanne Rossiter - Client Accountant John Morley - MD Johns&Co
WAPPING - WHAT’S ON
There are a whole host of wonderful ways to enjoy Wapping - here are just a few of our favourites: VIEW AT THE WAPPING PROJECT The fascinating Wapping Project continues to attract some fantastic world-class exhibitions and there are lots of exciting exhibitions on over the summer, so pop in and while away an afternoon there – why not sample some of its restaurant’s famous cuisine too? www.thewappingproject.com WAPPING BOOK CLUB When you move into your home you may be looking for things to do in the locality; one of the highlights is the Wapping Book Club. The group meets monthly at the ‘Prospect of Whitby’ pub and its next meeting will take place there on Thursday August 1st. If you want to know more details about future dates and the books that are currently being debated, visit the group’s website www.wappingbookclub. tumblr.com/calendar.
KEY DATES
M1 FINE ART GALLERY
JULY 2013
The M1 Fine Art Gallery is now open at the nearby St Katharine Docks. The gallery is curated with today’s discerning collector in mind and offers a superior range of original paintings and limited editions, crossing a wide spectrum of styles and genres. For details and opening times, visit the website: www.m1fineart.com
Our sales team are moving off-site this month.
THE GOOD FOOD MARKET Also over at St Katharine Docks is the Good Food Market. Travel the world in a matter of minutes as the market stalls serve up some of the best international cuisine. The market takes place every Friday on Marble Quay between 11am and 3pm.
Should you have a sales enquiry please contact them on 0800 096 7777 or at sales@21wappinglane.com 2014: TOWER In just over six months, we will begin handing over the 173 homes in the hotly anticipated Tower at 21 Wapping Lane. The studio, one, two and three bedroom apartments will offer spectacular views of the river, the City and Canary Wharf.
HIRE A BIKE The Barclays Cycle Hire scheme has been a resounding success accross London and hundreds of the so-called Boris Bikes are here in Wapping. Last year, 157 bikes were installed at docking stations on Pennington Street, Garnet Street, Sampson Street and two docking areas on Wapping Lane, taking the total number of bikes in East London to almost 3,000. It is a great way to explore the local area and understand the new community you’re joining.
SITE PROGRESS Here is the latest image from our construction team at 21 Wapping Lane and we now have 225 people working hard on the site to get your home completed. We are now constructing the 16th floor lift core and stairs, a prominent feature in the tower which will ultimately be 18 storeys tall. Meanwhile, we have reached the 10th level in our work to clad and fit windows to the building. You will also be pleased to hear that the interior installation has commenced in the apartments.
MEET OUR TEAM FERGUS BOYLE, SITE MANAGER Fergus is taking care of things at 21 Wapping Lane. Here is his latest update on construction progress: “We are getting really busy on site now and the tower is looking fantastic. The superstructure is anticipated to be completed at the end of August and we will share more pictures of that in the next issue of the newsletter.” MICHELLE MURPHY, CUSTOMER LIAISON We hope that you will join us in wishing current customer liaison Harpreet Sura every success in the future as she moves on from our team to undertake a new role. With that, we want to extend a warm welcome to 21 Wapping Lane’s new liaison manager; Michelle Murphy. Michelle is your new, first point of call and is in place to answer any questions you may have about your new home. Michelle will be contacting all of our 21 Wapping Lane customers in the coming weeks, keeping you updated about the progress of construction of their apartments. You can contact Michelle via email at michellem@ballymoregroup.com or call on +44 (0) 20 7510 9100. sales@21wappinglane.com +44 (0) 207 488 4250
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CURRENT SCHEMES
WEST HAMPSTEAD SQUARE
PROVIDENCE TOWER
EMBASSY GARDENS
We can now unveil our latest investment opportunity at West Hampstead Square, where we are about to embark on the development of a mix of studios, one, two and three bedroom homes.
We have just unveiled 60 new homes for sale at Providence Tower – the final building at New Providence Wharf.
Embassy Gardens set new records when it was revealed that all homes in the first phase had been sold.
The tower will feature the high quality homes expected from Ballymore; open plan living spaces, private balconies with views across London, the Sky Lounge private residents club and an athletics club featuring a beep test athletics track, 25 metre swimming pool, steam, sauna and hydro areas. The development is also well connected with the City Airport just ten minutes away on the DLR and the future Crossrail station will be a few minutes walk away. Upon completion of the 43 storey tall tower, there will be 1,200 homes within New Providence Wharf. For details of the homes still available there take a look at the website: www.providencetower.com or call +44 (0) 20 7537 2005.
Agents around London confirmed it was the best performing residential development of the last year and that 60% of the homes were sold to UK based buyers with investors from Asia and other global markets taking up the remaining stock.
West Hampstead is one of London’s most exciting cosmopolitan districts and working with our joint venture partners Network Rail we are thrilled to be breaking ground there. We are now developing a marketing suite which will be of distinct Ballymore Group standard and design. It will open in the autumn and you can be one of the first to see it by registering your interest on our new website: www.westhampsteadsq.com or call Wendy Lane on +44 (0) 20 7062 8945.
If you still want to move to or invest in Embassy Gardens you’ll be pleased to hear that phase two will launch in 2014, register your interest now by emailing us on wlane@embassygardens.com.
FUTURE SCHEMES LEAMOUTH ISLAND One of the most exciting projects on the horizon is the creation of 1,706 apartments, an arts centre, gallery, restaurants and shops on an island like site at the mouth of the River Lea. Here, we are planning a cluster of buildings, which will range from a 3-storey energy centre to a number of 19-storey residential buildings.
BRENTFORD LEAMOUTH ISLAND
Planning permission is currently being considered for the development of this site, which will create almost 1,000 homes and 130,000 sq ft of commercial space – for which we are already in high-level talks with some fantastic occupiers.
ARROWHEAD QUAY Working with our architects Glenn Howells, we have submitted a planning application for a new high quality residential development at Arrowhead Quay. The new development will stand just south of Canary Wharf, which is familiar territory for us and home to many of our award winning developments. 792 spacious apartments will be created in two towers, which at more than 50 storeys tall will give residents some spectacular views of the city. ARROWHEAD QUAY
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BRENTFORD
For information on our current schemes or to register interest in our forthcoming developments in 2013 contact sales@ballymoregroup.com or call +44 (0) 207 510 9100.