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Wednesday 29 July 2015 – Media Release

London’s South Bank to Welcome New Landmark Development

New billion pound Southbank Place scheme set to usher a new era of innovation and design in London’s cultural epicentre

Eager buyers are being given the opportunity to register their interest in a new residential development coming to London’s South Bank, which launches in September. Southbank Place, one of London’s most anticipated developments, has opened UK registrations for would-be buyers hoping to own some of the most coveted apartments in the world.

The project is the result of a joint venture between Canary Wharf Group and Qatari Diar – developers renowned for their portfolio of architectural landmarks.

York Square, SouthbankPlaceThe mixed-use scheme development will frame the existing Shell Tower to form a world-class destination with new public spaces, state of the art onsite amenities and some of the most spectacular views of central London that the city has to offer. Positioned in an incomparable location on the banks of the Thames, residents will be able to enjoy unequalled vantage points over the Houses of Parliament, Westminster, the City and far beyond.

Progress is underway on 868 beautifully designed homes that are being built on the iconic 5.25 acre Shell Centre site, set in the heart of London’s cultural quarter. This new residential development will also house 98 affordable homes (266,066 sq. ft.), including 52 extra care homes for elderly and disabled people on site, plus an additional 70 affordable homes off site on Lollard Street.  Southbank Place will also include 48,000 sq ft. of shops, restaurants and cafés plus 530,000 sq. ft. of office space.

Some of the world’s leading architects will collaborate to create seven new buildings which complement their iconic surroundings and maximise natural light, including Kohn Pederson Fox, Squire & Partners, Patel Taylor, Stanton Williams, GRID and Townshend Landscape. The interiors are being designed by industry experts Goddard Littlefair and Johnson Naylor to ensure they exude quality and epitomise premium London living.

The location formerly housed the Festival of Britain and provides an exciting opportunity to extend the South Bank’s cultural legacy, inspiring a development with modernity, vision and innovation at its heart.

Sitting at the epicentre of the South Bank and surrounded by the capital’s richest artistic institutions, the development will offer an unparalleled place to live, work and visit. The site will be home to exclusive health and fitness facilities, a restorative spa and a private dining area to meet, entertain and relax in either for business or social entertaining.

Canary Wharf Group’s Chairman and CEO, Sir George Iacobescu comments: “Our vision and commitment, in collaboration with Qatari Diar, is to produce some of the most contemporary homes available in London.  The design and quality of the buildings and open spaces will not only add to the existing social environment, but will give back to the South Bank community through the creation of affordable homes and generation of local employment and economic development facilitated by SLPN. This initiative which was set up several years in advance of the start of work by Canary Wharf Group has already placed £4.5 million of contracts with local SMEs. We are confident that this scheme will be a world-class addition to a culturally vibrant area of London, and create one of the capital’s most desirable addresses in years to come.”

Khaled Al Sayed, CEO, Qatari Diar Real Estate Investment Company: “Southbank Place is a true celebration of the South Bank’s heritage, bringing together innovation, sensitive design and exceptional craftsmanship to deliver some of the most coveted homes and workplaces in the world.  Connected by some of the most efficient transport links in London, whilst located in an unspoilt environment of culture and community, we’re looking forward to sharing such an iconic development which sits in the cultural centre of the world.”

The opening of registrations marks an exciting development for the scheme, beginning of the process of finding the people who will become a part of the South Bank community in the years to come.”

Those seeking information about the development or wishing to register their interest can visit www.southbank-place.com

There will be an opportunity to view show apartments including fixtures, fabrics and design layouts in the marketing suite which is due to launch in September 2015.

ENDS

For further media enquiries, please contact:

Ajay Teli
Canary Wharf Group
+44 (0)20 7418 2326
ajay.teli@CanaryWharf.com

Sophie Adamson
Bell Pottinger
+44 (0)20 3772 2546
sadamson@bellpottinger.com

Notes to editors

About Southbank Place
Southbank Place is being developed by Braeburn Estates, a joint venture between Canary Wharf Group plc and Qatari Diar Real Estate Investment Company.

About Canary Wharf Group
Canary Wharf Group plc is an iconic London real estate business which has overseen the largest urban regeneration project ever undertaken in Europe. The Group design, build and manage a unique set of assets to serve local and international companies, renowned retailers and some of the UK’s most exciting technology start-ups.

About Qatari Diar
Qatari Diar Real Estate Investment Compnay is wholly owned by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, and was established to co-ordinate the country’s real estate development priorities. Qatari Diar is currently involved in more than 39 signature projects in more than 21 countries around the world with a combined value of over $ 35bn.