Curchods Prime Magazine 2 by Curchods

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P R I M E M A G A Z I N E

The success of the Covid-19 vaccination programme brings with it a healthy economic future for the prime residential market. As we emerge from the challenges of the last 12 months, Surrey’s private estates are high on the wish list of London buyers, as they look to relocate to the greener suburbs and home counties. Our intimate knowledge of these key residential areas and our connections into London have resulted in some exceptional sales, both on and off market, across the private estates of Elmbridge and beyond. After several record breaking months we are starting to see fewer properties coming to the market, however with the skies beginning to open, International buyers are starting to return, dovetailing with the new academic year. The combination of a shortage of homes available and high demand has seen prices rise in parts of Elmbridge by 14%*

*Source Dataloft, Land Registry, MHCLG

during the Covid-19 pandemic in the prime sector and it’s a similar story throughout the rest of the South East. As such, there has never been a better time to achieve a premium price should you be looking to sell. There is also positive news for the lettings market, as available rental properties have returned to pre-pandemic levels and rents continue to rise as supply and demand become more closely aligned. Having been crowned winners of ‘Best Estate Agency Marketing UK’ at the International Property Awards 2020/21, if you are considering a move, there is no one better placed to act for you than Curchods Prime.

Warren Fraser Head of Curchods Prime warren-fraser@curchodsprime.com

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From playing golf in the garden to exercising in your home gym, properties like this are rare in the market, combining character with cutting edge, modern day finishes. Dating back to 1910, this beautiful property has been extended and upgraded to create a most impressive and contemporary family home. Extending to over 5,500 sq ft, the property is set within stunning landscaped gardens complete with home studio and ideally located within walking distance of the High Street. EPC C

COBHA M : OIEO £ 2 ,99 5 , 0 0 0 6

5 EPC: C

T: 01 9 32 8 6 09 9 9

E : neil-morgan@curchods.com

www.curchods.com/prime

This 1920’s character family home is positioned amongst beautiful secluded south facing gardens and comes with glorious views across Claremont Park Golf Course. C L A R E MO NT ES TAT E , ES H E R: £ 2 , 5 0 0 , 000 5

4 EPC: D

T: 01 372 46 20 0 0

E : matthew-knight@curchods.com

Located on the favoured Oxshott Way Estate and offered for sale with no onward chain, this 6,000 sq ft family home is set in nearly 0.5 acres with a lovely rear terrace and garden. OXS HOTT WAY ES TAT E , CO BH AM : £ 3 , 5 5 0,000 6

5 EPC: B

T: 01 9 32 8 6 0 9 9 9

E : neil-morgan@curchods.com

www.curchods.com/prime

C U R C HO D S.COM / P RIM E

E L M B R I D G E

P R I VAT E ESTATE S P E C I A L I S T S

Surrey’s private estates are the pinnacle of the UK property market, offering privacy and leafy green surroundings, yet less than an hour from Westminster.

from the other private residential estates across Buckinghamshire or Hertfordshire.

Many consider Surrey’s private residential estates such as St George’s Hill, Burwood Park or the Crown Estate to be out of reach price wise, assuming they are the preserve of the uber rich and famous. In truth, these safe havens are home to families who value the safety, security and tranquillity offered by a gated estate and many are surprised to learn that some prices are not that far removed

Over the last 30 years Curchods have built a reputation predicated upon successfully introducing affluent buyers to Surrey’s private estates. Over the years we’ve handled the sale of many of the properties on these exclusive estates and it is this intimate knowledge we’re delighted to share with you in this article, as we introduce the faces of Curchods Prime and our connection to Surrey’s private estates.

Curchods Prime are proud to deal with the sale of more high value homes on Surrey’s private estates than many of our competitors. A significant number of properties are sold without ever being exposed to the open market, a service favoured by celebrities and high profile clients for its discretion.

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BURWOOD PARK Walton-on-Thames

This private residential and woodland estate in the heart of Surrey spans some 360 acres with 382 private freehold properties, several protected woodland areas and two private lakes. Located close to Walton-on-Thames main line station, the original Burwood Park mansion was built in the 1700’s by Sir John Frederick, a wealthy city merchant - who planted many of the trees and shrubs which are a feature of the woodland areas today. Burwood Park is managed by the Residents Association who are passionate about retaining the natural woodland, rural environment and ensuring the continued safety and privacy of residents.

BURHILL PARK Walton-on-Thames

At the turn of the 20th Century the owner of the Burhill Estate, Lord Iveagh, converted 200 acres into a golf club - to this day the original mansion still serves as the Club House. Properties within the estate enjoy the peaceful green setting of the golf club, feeling very much part of the Surrey countryside, yet just a stones throw of the cosmopolitan town centres of both Weybridge and Walton-on-Thames which enjoy an excellent commuter rail service into London Waterloo.

ASHLEY PARK Walton-on-Thames

This private residential neighbourhood consists predominantly of large detached homes that were developed in the inter-war period in either the Arts & Crafts style or by renowned master craftsman W.G. Tarrant. The area is protected by local covenants to keep population density to a minimum, ensuring Ashley Park’s exclusivity is upheld for years to come.

Warren Fraser Head of Curchods Prime As a Partner and on the main board of directors, Warren Fraser has been responsible for more than £1.5bn worth of property sales during his time in Walton-on-Thames and continues to be, by far, the market leader in the private estates of Burhill Park, Burwood Park and Ashley Park. T: +44(0)1932 247777 E: warren-fraser@curchodsprime.com www.curchods.com/prime

THE CROWN ESTATE Oxshott

Owned by The Crown and managed by the Crown Estate, the land was formerly a shooting estate for Royals. After its regal history, The Crown Commissioners limited early housing development to mansions or villas suitable for wealthy families. The resulting affluent neighbourhood developed in popularity and expanded after the arrival of Oxshott Railway station in 1885. Today, private roads are flanked by large hedgerows, offering privacy to affluent local residents. Whilst many of the original properties have since been redeveloped into contemporary super-mansions, there are still numerous covenants to uphold the areas prestigious heritage, all reasons why Oxshott is affectionately referred to as ‘the most expensive village in England’.

Neil Morgan Partner Curchods are the leading estate agency in Cobham, selling more properties than any other agent in the town, thanks in no small part to the leadership delivered by Neil Morgan. Finely attuned to the prime residential market, Neil brings an air of calm and discretion to every property transaction. T: +44(0)1932 860999 E: neil-morgan@curchods.com

CLAREMONT Esher

This collection of private roads wind their way around Claremont which is a Grade I listed, 18th Century Palladian mansion situated less than a mile from Esher Town Centre. Today the original mansion buildings form the highly regarded Claremont Fan Court Independent School and the landscape gardens are under the stewardship and protection of the National Trust. In Claremont many of the magnificent properties enjoy fantastic views over the vast expansive green spaces that formed the original gardens, typically attracting families moving out of London that value the privacy and security this area offers.

BLACKHILLS Esher

A little over a mile from the town centre of Esher this highly sought-after private road is located on the southerly fringes of the Claremont Estate, meaning that whilst slightly more remote, Blackhills offers even more privacy, seclusion and peacefulness for those willing to travel just a little further into the town centre. Homes in Blackhills enjoy spacious gardens in leafy green surroundings and are within walking distance from the famous Claremont Lake.

Joe Dewar Area Director Fluent in French and Spanish, Joe is one of our Area Directors and brings a fresh and energetic approach which makes him an asset to many prime property transactions. Joe has specialised in the Esher area for over a decade and as such, there is no one better placed to extol the appeal of the area to incoming buyers. T: +44(0)1372 233940 E: joe-dewar@curchods.com www.curchods.com/prime

ST GEORGE’S HILL Weybridge

St George’s Hill is considered to be one of, if not the, most exclusive private residential addresses outside of London and is home to many International families and celebrities who value the privacy and security afforded by this aspirational location. Nestled within 964 acres of glorious Surrey countryside, St George’s Hill was originally built by the master craftsman W. G. Tarrant in 1910, to his vision of creating a refuge for captains of industry on London’s doorstep. It is comforting to know the same vision still exists today, closely guarded by the St George’s Hill Residents Association who care deeply about the estate and its residents, ensuring the high standards are maintained for future generations.

Andrew Grant Partner Over the last 30 years, Andrew Grant’s name has been synonymous with property sales on St George’s Hill. Having been personally involved in the sale of over 300 homes on the estate, Andrew has a unique knowledge and insight into this niche prime residential market. T: +44(0)1932 558555 E: andrew-grant@curchodsprime.com

WEYBRIDGE PARK This private gated collection of properties is extremely popular thanks to being equidistant from both Weybridge High Street and station. Whilst smaller than some of the other gated estates in Elmbridge, what Weybridge Park lacks in acreage it makes up for in community feel mostly home to British born residents that have chosen to raise children in their ‘forever’ family home.

Grant Letts Partner Situated in Portmore House, a landmark building on the High Street, our Weybridge branch is run by Grant Letts who has been immersed in the local property market for nearly 20 years. Grant truly understands the nuances of promoting Weybridge and our clients’ properties to local, London and International buyers. T: +44(0)1932 843322 E: grant-letts@curchods.com www.curchods.com/prime

A simply stunning apartment within an iconic Grade II listed building with fabulous views of Richmond Park and the River Thames. Situated in a exclusive position on Richmond Hill moments from Richmond Park, numerous riverside amenities, Richmond Green, the renowned theatre, station and tube, numerous shops, bars and restaurants. Residents benefit from a 24-hour concierge, a gym, swimming pool, screening room, a ‘town car’ service to Richmond town centre and beautiful gardens.

RIC HMO ND : £1 ,9 0 0 , 0 0 0 2

1 EPC: D

T: 02 0 8 9 77 3374

E : rob-gutcher@curchods.com

www.curchods.com/prime

A stunning contemporary family home, with a beautiful and stylish interior, which is perfect for day-to-day family life, as well as entertaining guests. NE W M A L D E N : £ 1 ,90 0 , 0 0 0 6

3 EPC: B

T: 020 8 9 42 8 8 8 7

E : chris-jakob@curchods.com

Blissfully tucked away within the exclusive private estate of Burghley Avenue, this ultra-stylish family home has been ingeniously designed to enjoy views of the large garden. NE W M A L D E N : £ 5 ,95 0 P C M 4

2 EPC: C

T: 020 8 5 46 6 6 3 3

E : leo-der-galestanian@curchods.com

www.curchods.com/prime

T H E

S T O R Y

P & A

W O O D

O F

R O L L S R O Y C E

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Recognised as the most iconic luxury brand in the world, Rolls-Royce appointed P&A Wood to safeguard their history and deliver some of the most advanced cars ever to exist. “What is the best car in the world?” An innocuous question which is no doubt asked by thousands of curious young children; but to the ‘Wood’ brothers, Paul and Andrew, when their father answered “RollsRoyce” it created an indelible impression on the boys, sparking a lifelong passion and obsession to maintain, restore and eventually sell the most alluring vehicles on the planet.

Paul and Andrew Wood are genuine enthusiasts and are justly proud of the company they founded in 1967. Specialising solely on Rolls-Royce and Bentley motor cars, the duo spent countless hours restoring and maintaining classic models, many of which were winners at the famous London Concours and took pride of place in many famous collections over the years. P&A Wood pride themselves for absolute and uncompromising ‘attention to detail’ in their RollsRoyce and Bentley restorations and it is for these the company is best known. Touring the facilities at P&A Wood, there’s a grace and striking charisma that draws you into the heritage models - it’s easy to see why classic cars have become one of the ultimate indulgent ways to invest wealth in the 21st Century. Private ownership offers these remarkable vehicles the chance to live on in all their glory and it’s heartwarming to see

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such important and famous cars being restored in the workshop. Restorations are completed with such authenticity that it can comfortably take two years to get a vintage model back to showroom condition, as such P&A Wood sell more hours work than any other official dealer in the world. Every inch of the workshop is meticulously clean, from the Machine Shop that helps manufacture complex replacement parts, to service bays and even the Merlin Engine Workshop, where they overhaul the famous V12 Rolls-Royce aero engines on site back to flying condition for use in genuine Spitfires still flying today. With perfection as the benchmark, today Paul’s daughter, Georgina Wood and her team, are custodians of her family legacy as world leaders in Rolls-Royce and Bentley restorations and the official accident repair centre for Rolls-Royce in the UK, providing support to customers around the world.

If you’re looking to take to the road in style, you can explore the brand new models or commission your very own ‘P&A Wood Signature’ Rolls-Royce.

Despite Georgina’s obvious love for vintage restorations, you can’t help but notice her infectious passion for the glamorous brand new Rolls-Royce models. From the P&A Wood showroom in the village of Great Easton, just outside London Stansted, you can explore the entire, unmistakeable current Rolls-Royce range. Whether you’re interested in seeing the newly released V12 Ghost in the flesh or the latest Cullinan SUV, you can leisurely browse samples of paint and leather to make the vehicle your own. And if that’s not quite exclusive enough, P&A Wood offer their limited edition signature range, celebrating 50 years of time-honoured coachworking skills, to provide you with a one of a kind vision of motoring perfection. Find out more at www.pa-wood.co.uk

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An elegant Georgian style home set in one acre of southerly facing secluded grounds, with an impressive indoor leisure complex and separate self contained annex. S T GEO R G E ’ S H IL L , W E Y BRIDG E : £ 7, 5 00,000 7

7 EPC: B

T: 01 9 32 5 5 8 5 5 5

E : andrew-grant@curchodsprime.com

www.curchods.com/prime

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33 33

An impressive Mediterranean style family home occupying commanding and elevated grounds of 1.7 acres, with views directly over St George’s Hill Golf Course to the rear. S T GEO R G E ’ S H IL L , W E Y BRIDG E : £ 3 , 7 0 0,000 4

4 EPC: C

T: 01 9 32 5 5 8 5 5 5

E : andrew-grant@curchodsprime.com

Sympathetically and elegantly restored, this beautiful family home enjoys stunning gardens extending to over half an acre with a large swimming pool. B U R WO O D PA RK : £ 3 , 2 5 0 , 0 0 0 5

5 EPC: C

T: 01 9 32 2477 7 7

E : warren-fraser@curchodsprime.com

www.curchods.com/prime

INTERN PREMIUM MARKETING WITH GLOBAL REACH

C UR C HO D S .COM / N E T-Z E RO

AT I O N A L From Tuscan vineyards to luxurious Balearic villas, our International partners hand pick properties to give you the best possible discreet property service overseas. The International department at our London Office are available to assist in sourcing overseas properties tailored to your desires. With more than 20 years first-hand experience of buying overseas we’re by your side throughout. From the initial consultation, property viewing, through to the closure of the deal and beyond, we’ll guide you through the buying process to ensure that all legalities and practical matters are taken care of and your experience of buying abroad is simple and straightforward. The International department also brings buyers to Curchods Prime by reciprocating the flow of overseas buyers and sellers, thereby giving your property extended International marketing potential.

Paul Baxter International Department paul@tlo.co.uk

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For lovers of period property, this is a rare opportunity to purchase an iconic family home, beautifully maintained and situated in the heart of the highly desirable Horsley villages. WES T HO R S L E Y: £ 2 , 2 95 , 0 0 0 5

4 EPC: D

T: 01 48 3 28 1 0 1 0

E : kate-dancey@curchods.com

www.curchods.com/prime

This elegant and stylish Edwardian Villa, is presented with impeccable taste and has everything you could want in a delightful family home. Beautifully appointed and well-proportioned rooms with high ceilings, feature fireplaces and large windows abound in this stunning home, set in a generous plot with an expansive driveway at the front and a charming garden to the rear.

WEST HO R S L E Y: £ 1 , 7 9 5 , 0 0 0 4

2 EPC: D

T: 01 48 3 28 1 01 0

E : kate-dancey@curchods.com

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SALE AGREED Burwood Park £2.25m

BY CURCHODS PRIME

SALE AGREED East Horsley £2.395m

Curchods continue to achieve outstanding success in Surrey’s

SALE AGREED Esher £2.5m

SALE AGREED Burwood Park £3.25m

SALE AGREED Weybridge £3.25m

prime residential sector in 2021

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SOLD Teddington £2.5m

SOLD Ashley Park £2.95m

SOLD East Horsley £1.895m

SOLD West Byfleet £2.2m

SOLD Burwood Park £2.35m

Curchods continue to achieve outstanding success in Surrey’s

SOLD Weybridge £3.9m

SOLD Ashley Park £2.95m

BY CURCHODS PRIME

SOLD St George’s Hill £3.75m

prime residential sector in 2021

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Rarely do such beautiful homes in East Molesey come to market. This wonderful Victorian home is steeped in character, with a large south facing rear garden. E A S T MO L ES E Y: O I EO £ 3 , 0 0 0 , 0 0 0 6

4 EPC: D

T: 01 372 46 20 0 0

E : matthew-knight@curchods.com

www.curchods.com/prime

A delightful home that oozes charm, from the cottage style kitchen to exposed oak beams and original fireplaces. It also has an insulated outbuilding. WO O D HA M , S U RRE Y: £ 1 , 3 9 5 , 0 0 0 5

2 EPC: D

T: 01 9 32 3444 4 4

E : townley-knott@curchods.com

One of the most iconic homes in the coveted Ashley Park Estate, this superb property features a four person lift to all three floors and is set in stunning gardens with a swimming pool. A S HL E Y PA R K , WALTO N - O N -T H A M ES : £3 ,9 5 0,000 5

5 EPC: C

T: 01 9 32 2477 7 7

E : warren-fraser@curchodsprime.com

www.curchods.com/prime

T H E

DYSART PETERSHAM M I C H E L I N

S T A R

R E S T A U R A N T

Located opposite the Petersham Gate of Richmond Park, Michelin star restaurant, The Dysart Petersham, is a world class culinary delight worth discovering. Committed to using many British ingredients, the menu has a distinctly Anglo-French influence, yet with exciting Asian inspired flourishes that bring an originality and freshness to ‘wow’ diners into an experience of a lifetime. The restaurant also has its own local garden where their gardener grows wonderful vegetables and herbs, picked in the morning and on the menu at lunchtime. From Dorset crab on a fennel pollen cracker with wild salmon roe, to Cornish turbot served with Petersham courgette, morels and a Vin Jaune sauce, every dish is simply mouthwatering. The charred mackerel, radish, ginger and champagne dish, inspired following the chef’s trip to Tokyo, is nothing short of a masterpiece and is reason alone to visit.

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To make the tasting menu experience even more unique, they also offer an alcohol-free drinks pairing - an unusual, yet refreshingly welcome alternative for those who are not drinkers. From decadent full bodied fruit cordials, to warm Indian tea served with cold dessert, The Dysart Petersham ensures your taste buds come alive in ways you didn’t think possible. For those who prefer a fine wine or beer, there are of course pairing options to cover all tastes! Approaching the beautiful Arts & Crafts building, you can see it has been meticulously renovated by the Taylor family into a stunning restaurant worthy of all the accolades it attracts. Adorning the walls is an eclectic mix of artwork from young local artist Will Solomon, whilst pottery on display and on the tables throughout the meal, is hand made by a local potter. Managing Director, Barny Taylor and Head Chef, Kenneth Culhane, have worked together for a decade alongside a highly passionate, ambitious, skilled team of chefs and front of house staff, to create an exquisite Michelin star-worthy fine dining experience that is relaxed, accessible and even welcoming to canine friends.

A delectable Anglo-French menu, with exciting Asian inspired flourishes

Barny and his waiting staff bring theatrics to every dish, lovingly describing each course as it is presented, and spend their time circulating the room chatting to guests at their table. This attentiveness to service adds to the friendly atmosphere of The Dysart Petersham, making everyone feel instantly at ease and goes some way to explain why so many are regular diners. Without question, this is fine dining of a different kind. The Dysart Petersham has found its niche, creating a unique experience for diners seeking pure delight for all the senses. For reservations contact: 020 8940 8005 enquiries@thedysartpetersham.co.uk

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This impressive family home occupies a gloriously quiet position, centrally within Burwood Park. Created by our clients just over a decade ago to an exceptional specification, in a small close of just four properties, this wonderful family home sits within secluded gardens with a heated outdoor swimming pool. For those wishing to work from home, there is a superb office arrangement with its own separate front door. The property is also ideally located just moments from Broadwater Lake.

BURW O O D PA R K : £ 3 , 7 5 0 , 0 0 0 5

6 EPC: C

T: 01 9 32 247777

E : warren-fraser@curchodsprime.com

www.curchods.com/prime

Sitting on a high ridge within Old Avenue in the heart of the exclusive St George’s Hill private estate, Brambletye enjoys a plot of 1.9 acres with far reaching views to the West. S T GEO R G E ’ S H IL L : £ 7, 5 0 0 , 0 0 0 5

4 EPC: E

T: 01 9 32 5 5 8 5 5 5

E : andrew-grant@curchodsprime.com

A beautiful family home in Bookham set in 2 acres of land backing onto farmland, with formal gardens, a paddock, stables and a swimming pool. B O O K HA M : £ 2 , 3 5 0 , 0 0 0 5

5 EPC: D

T: 01 9 32 8 6 09 9 9

E : neil-morgan@curchods.com

www.curchods.com/prime

C U R C HO D S.COM

T H E

LONRES

C O N N E C T I O N

Curchods are members of LonRes, London’s most prestigious property finder network, helping our clients’ properties be discovered by active buyers from the Capital. Annual net migration out of London has more than doubled in the last 5 years and as we transition to a post-Covid reality, many professionals will be returning to a hybrid way of working, splitting their time between a commercial and home office. Space both inside and out is now high on the agenda for many moving out of London. This puts the prime residential areas of Surrey and South West London’s suburbs at the top of many London buyer’s lists and it is where

we predict the market will be strongest in a post-Covid world. It’s for this reason that LonRes is an integral part of our premium marketing service, enabling Curchods Prime to promote our clients’ properties via this exclusive property finder network to thousands of active buyers. Established more than 20 years ago, LonRes is the premier London buyer network, enabling the best estate agencies to connect with and discreetly share, their best properties with over 6,000 leading property industry professionals working in and around the Capital. LonRes helps us sell prime properties faster and for a premium price, as serious London buyers typically look to spend more outside the Capital than those moving locally. ACCREDITED MEMBER Connected to London’s Premier Agent Network

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Positioned upon the very edge of the picturesque Sheets Heath Common, this unique family home is set within beautiful grounds extending to some 5 acres with stables. B R O O K WO O D, W OK IN G : £ 3 , 0 0 0 , 0 0 0 7

5 EPC: D

T: 01 48 3 776 64 4

E : lee-murphy@curchods.com

www.curchods.com/prime

KILLIK&CO I N V E S T M E N T

H O U S E

Andrew Duncan, Senior Equity Analyst at Killik & Co takes two deep dives into a thematic approach to stock selection. In 2021 there seems to be a theme for everything, and an associated investment vehicle to match, whether the underlying thread is cryptocurrencies, rising levels of global obesity, or even the space economy. However, whilst not wanting to totally dismiss them, we nonetheless feel that investors should not underestimate the risks of investing into what are, in some cases, nascent industries where the underlying companies have no clear path to profitability. Instead, our approach is built on looking for themes that have a relatively high level of predictably. We therefore spend time on ‘Big Picture’ thinking combined with detailed research and analysis, a strong pairing that makes a substantial contribution to our investment performance over time. Once we have found a theme that we like, we then look for businesses that stand to benefit from secular tailwinds that should provide lasting opportunities for growth in revenue, earnings and free cash flow. We keep the old investing adage in mind that, “a rising tide lifts all boats” even if the tide in our case is not the overall economy or a specific pocket of it, but a broad theme that we want to tilt towards. The businesses that we select must therefore be able to plan and invest for the long-term, whilst demonstrating the means to withstand any short-term volatility in their end-markets or regions. As such, we are focused on high quality companies that can offer significant scale, balance sheet flexibility, strong brands, and robust growth opportunities. www.curchods.com/prime

As we enter the final stage of our re-emergence from the pandemic, here are two examples of key global challenges that demonstrate how the thinking outlined above, positions us to deliver superior riskadjusted investment performance. The first is our Future Healthcare theme. The cornerstones of our investment case are several seemingly unstoppable global forces, which include a rising population and increasing need for, and access to, healthcare in emerging markets.

The UN predicts an extra 700 million people on the planet by 2030. This will create a wall of demand as not only are people living longer, but they are also becoming less healthy. That combination implies a higher incidence of chronic conditions, such as diabetes and heart disease which, in turn, are expected to place a greater strain on an already overburdened global system (in 2017, it was estimated that over one in seven dollars of spending in the US went towards treating diabetes alone). These drivers strongly suggest to us that global healthcare spending will continue to rise consistently over the next decade and beyond. Given the inherent uncertainty in developing new therapies or medical devices, it is often difficult to accurately predict which companies in this space will be able to deliver the next round of solutions. However, what we are convinced of is that all healthcare companies, both existing giants and emerging upstarts, will have to spend significant amounts of money as part of an important global effort. But rather than taking what we would see as undue levels of risk in buying companies facing uncertain success around their future products, we prefer to ride the existing wave of research and development (R&D) spending in the healthcare industry, alongside long-standing trends towards greater outsourcing. As such, Danaher and Thermo Fisherare two of the top names that help healthcare companies to research, develop and commercialise products across a wide range of end-markets. Both are geared to traditional spending as well as promising future markets (including cell and gene therapies, for

example). We believe that both companies can grow annual revenues in the mid-to-high single digit range over the medium to long term, underpinned by excellent commercial execution and the aforementioned secular growth in healthcare R&D.

The case for investment in water is quite simple: it is the finite, essential resource needed to sustain life. Further, the world needs to secure greater access to it in a useable, clean state in the face of some persistent, growing challenges. Water demand is being driven by a rising global population, coupled with climate change and the associated variability in weather patterns. In developed markets, ageing infrastructure presents a significant barrier to overcoming these issues. Across the US, for example, it is estimated that the national average age of pipes has risen from 25 to 45 years between 1970 and 2020, largely as a result of underinvestment. Creaking infrastructure not only

developed markets from the $110bn earmarked for water infrastructure as part of President Biden’s $1.9tn proposed government spending plans. Our approach to this is nonetheless conservative – whilst we have confidence in the eventual increase in spending needed, there can be no certainty about its timing and extent beyond the headlines. Despite a growing awareness of environmental and regulatory issues, several decades of underinvestment have already passed, increasing our reluctance to assume that this time will be any different. So, rather than baking a significant step-up in spending into our forecasts, we prefer to remain circumspect. Should a significant new infrastructure replacement programme materialise in the medium term, this will likely boost our investment case. If not, the challenges facing this crucial industry will remain. Our thematic work suggests the sector will generate attractive opportunities for investors regardless.

leads to greater leakage and pollution, it is also less efficient and more costly to run than its upgraded equivalent. In emerging markets, meanwhile, water infrastructure is still non-existent in some countries and regions. The UN estimates that over four billion people lack access to basic sanitation, whilst over two billion are deprived of safely managed drinking water. Gaps in regulation around pollution, combined with a lack of adherence to existing ones, further complicate the picture.

For now, our favoured way to invest is via Xylem, the world’s largest pure-play water company. With a product range spanning pumps, meters and treatment, plus data and analytics, it is geared to the replacement and upgrade cycle in hardware (mainly pumps), as well as the newest and smartest connected solutions aimed at reducing waste and improving asset efficiency. Killik & Co’s Global Sustainable Equity Service helps you invest directly into companies that make a positive impact on our world. To find out more visit: www.killik.com

Against such a backdrop, spending on water technology must continue to grow steadily over the coming decade. To improve existing infrastructure and meet these growing challenges, this combination of solutions is what our favoured water technology companies are all about. However, there is also the potential for a significant separate boost in spending across www.curchods.com/prime

Refurbished throughout last year to an exceptionally high standard, this stunning detached family house offers gated off-street parking for several cars and a good size private garden with a brand new gym/home office.

E AST MO L ES E Y: O I EO £ 2 ,1 0 0 , 0 0 0 5

2 EPC: B

T: 01 372 46 2000

E : matthew-knight@curchods.com

www.curchods.com/prime

VIRTUAL VIEWINGS Capturing the zeitgeist of the Covid-19 pandemic, Virtual Viewings are here to stay; helping us secure overseas buyers and lower our carbon footprint. Virtual reality property tours, created by special 360 degree cameras, have been present in the property industry for some time, but it took something as significant as the first Coronavirus lockdown for Virtual Viewings to gain traction in the UK property market. One year on and it looks like Virtual Viewings are here to stay, helping to provide an increased level of safety to high risk or vulnerable purchasers and homeowers by reducing foot traffic through properties, especially important as we head towards the winter months. Virtual Vieiwngs also play a valuable environmental role eliminating some of the 40,000 physical viewing appointments we

conduct annually, cutting our carbon footprint as Curchods journey towards net zero in 2022. Virtual Viewings have also risen in popularity with overseas buyers as they allow purchasers to take a detailed tour without the requirement to travel by plane to the UK - something very much appreciated by International buyers as we continue to navigate our way out of the pandemic.

Virtual Viewings recently helped us secure a sale at £2.35m without the purchaser ever having set foot inside the property. Our sales staff all personally visit every Prime property before marketing commences, so they can convey the appeal of the property first hand to prospective buyers. We use cutting edge screensharing technology so 100% of viewings, even the virtual ones, are still accompanied by our experienced staff. We offer virtual tours as part of our Prime marketing package and can discuss their suitability when it comes to your property during your initial consultation.

C UR C H OD S.COM

www.curchods.com/prime

Relax by the pool within the glorious gardens of this family home, located just outside Ashley Park. Inside offers spacious, bright and airy accommodation. THE A S HL E YS , WA LTON - O N -T H A M ES : £2 ,85 0,000 5

5 EPC: D

T: 01 9 32 2477 7 7

E : warren-fraser@curchodsprime.com

Situated on one of the premier roads in Oatlands Village, this immaculately presented period residence offers spacious family accommodation and a large, South facing garden. WE Y B R I D GE : £ 2 , 5 0 0 , 0 0 0 7

3 EPC: C

T: 01 9 32 8 43 3 2 2

E : grant-letts@curchods.com

www.curchods.com/prime

An entertainers dream positioned in a wonderful private lane in Weybridge, within a gated southerly facing setting approaching half an acre, with a self contained annexe. WE Y B R I D GE : O I EO £ 2 , 5 0 0 , 0 0 0 6

6 EPC: C

T: 01 9 32 8 433 2 2

E : grant-letts@curchods.com

Your property will receive the best estate agency marketing available in the whole of the UK

Professional photography, videos, drone shots, floorplans and EPC are available in our bespoke marketing package.

Viewings are personally accompanied by our professional estate agents who provide you with feedback from every viewing.

We still believe there is no substitute for a luxurious glossy brochure, packed with insightful narrative to help bring our clients’ property to life.

A senior member of the branch with extensive experience of the local prime residential market, will be personally assigned to you and your property.

Your listing on our award-winning website is combined with targeted social media campaigns, followed by email to our extensive database of local, London and International buyers and tenants.

We advertise on all the UK’s leading property sites including Rightmove, Zoopla, Primelocation, OnTheMarket, Boomin, The Times, Sunday Times, The Telegraph and our award-winning website curchods.com.

Established 1938

www.curchods.com/prime

Curchods Prime +44(0)1932 558 555 prime@curchods.com www.curchods.com/prime

Trust Your Sale To Curchods Prime Image courtesy of Rolls-Royce P&A Wood