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clear skies

freshening breeze

In the USA July 4th is Independence Day. In the City of London it was
when the recession ended…at least for some of us.

Having just got back from our annual sailing weekend in the Little Britain
Regatta we are feeling fresh and ready-to-go. We are also feeling very
Abchurch Communications
Abchurch Communications is a corporate communications consultancy that
positive about business: On July 4th we received the go-ahead on a number
specialises in financial public relations. They are moving to the 16th Floor of
of projects, and have since enjoyed an unexpectedly steady stream of
the prestigious 125 Old Broad Street (owned by Hammersons, where our
enquiries. It seems like the economic tide is turning. As part of our efforts to
contact is Tim Gore), which they believe will convey their success and
take full advantage of this new environment we are boosting our
dynamism to employees and clients. The contractor is Quad Contracting,
communications, and would like to let you know about all our current
and the agent is David Alcock of Newton Perkins.
operations.

Devonshires
Devonshires, a City law firm, is based in Salisbury House in Finsbury
Circus. They are concluding a deal with the existing landlord for a 30,000
square foot space. SHOR are acting as tenant advisers to produce concept
design - the landlord is providing the fit out. The landlords are Warnford
Investments, and. the project managers are Stace and Co.

SHOR Associates is part of SAIA Group and is a member of the Federation of Corporate Real Estate
Registered office: Level 7, Tower 42, 25 Old Broad Street, London, EC2N 1HN
Newsletter
020 7877 6345 October 2009
opportunities
for moving up
Many companies are taking full advantage of the current rental market.
Majedie Investments, a self-managed investment trust with total assets of
approximately £140 million, asked us to help them move into a prestigious
new office in Tower 42. The business introduction was from Richard Clarke of
Matthews and Goodman, and the contractor is IDM Group.

BDRC Continental
BDRC Group is a full service marketing research and consultancy company. funds under management. It is planned that this building will house
They have a subsidiary called Continental Research, who offer a range of Boost, Robert’s sports disability charity, which funds sports projects for
market research services, such as focus group and questionnaire analysis. disabled and disadvantaged people. It will also house Robert’s new
Their offices are currently located in different places and BDRC would like to enterprise, St Bride’s Street Strategic Adviser, who will provide support
consolidate their operations into a single office. SHOR have been appointed and advice to investors, institutions, corporate businesses and financial
as designers and project managers for this 10,000 sq ft relocation: The lease organisations.
is being negotiated by Andrew Pegg of Midas Corporate Consulting, and the
Landlord is PRUPIM. What else?
Federation of Corporate Real Estate
Middle Temple FCRE is a new independent body established in 2005 to provide

Middle Temple, one of the Inns of Court to which barristers are required to Corporates with independent advice on their real estate and associated

hold membership, is a leafy complex positioned between the Strand and matters. They currently have twenty-five members, including larger

Embankment. Many of its buildings are now used to house barristers, and companies like King Sturge and Savills, and small companies, like us.

following some work Shor did on their library’s archive a few years ago, we SHOR are seeking greater involvement with the federation, and we are

have been asked to remodel 1-4 Pump Court to provide sustainable heating managing the development of a federation internship scheme. It is

and AC capabilities. This involves the design of twenty high energy heat currently in its consultation stage:

pumps with total cooling capacity of 600 kW which will allow them to upgrade http://www.fedcreinternshipconsultation.blogspot.com/.

their premises. It is a conservation area and has required gaining planning


permission from the City of London; we have been successful and are
currently finishing the details of structural constraints and building façade We are continuing to our fantasy football competition. This year we

design. The project’s building service consultant is Venables Associates. have fourteen city agents and company staff battling it out. Last years
winner was Chris Johnston Stewart of Sparkes Porter.

St. Brides Street


SHOR have recently been commissioned to refurbish a 4,000 square foot
2010 16th -19th September
We already gearing for next year’s regatta, and are hoping to again
property at 5 St. Brides Street. The building is owned by Robert Houston who
compete in a racing class with a Beneteau Oceanis 37, and to get more
until recently was Global CEO for ING Real Estate Investment with €65bn
people involved.

SHOR Associates is part of SAIA Group and is a member of the Federation of Corporate Real Estate
Registered office: Level 7, Tower 42, 25 Old Broad Street, London, EC2N 1HN
Newsletter
020 7877 6345 October 2009

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