SleepyHead Posted May 26, 2013 Share Posted May 26, 2013 What made them think there's any business in London? House price ponzi finance, and printing benefits money is all that goes on in London. Quote Link to comment Share on other sites More sharing options...
John The Pessimist Posted May 26, 2013 Share Posted May 26, 2013 Good to know the good folk of Southwark can afford to forego £12m a year for the next couple of years. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted May 26, 2013 Share Posted May 26, 2013 I beleive centre point was empty for 5 years. Quote Link to comment Share on other sites More sharing options...
mk1mini Posted May 26, 2013 Share Posted May 26, 2013 I beleive centre point was empty for 5 years. Most skyscrapers are 'profitable' when 1/3 full, so only another 18 floors required to be occupied (how many does the hotel take?) Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 26, 2013 Share Posted May 26, 2013 We saw exactly the same stories re Gerkhin. Didn't stop it becoming uber profitable. Let's see what happens after next crash, probably after 2015 election Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted May 26, 2013 Share Posted May 26, 2013 We saw exactly the same stories re Gerkhin. Didn't stop it becoming uber profitable. The Shard does have more location issues than the Gherkin. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted May 26, 2013 Share Posted May 26, 2013 Good to know the good folk of Southwark can afford to forego £12m a year for the next couple of years. Disgusting isnt it. We're failing, we made bad decisions, but its OK, we're a big player so are negotiating non-payment of our council taxes. They seem proud of it. Does seem odd its empty if others are let though. I suppose its in the cursed 'south of the river' zone. Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted May 26, 2013 Share Posted May 26, 2013 (edited) 'Only occupants are 32nd floor restaurant and a viewing gallery on the upper five floors ' with success like this,we clearly need more investment oppurtunities in central london.edit to add,don't see why they're let off their rates bill. Edited May 26, 2013 by Eddie_George Quote Link to comment Share on other sites More sharing options...
Ulfar Posted May 26, 2013 Share Posted May 26, 2013 I have to ask if the rates on the property are £12 million, how much is the service charge per flat ? Quote Link to comment Share on other sites More sharing options...
Giordano Bruno Posted May 26, 2013 Share Posted May 26, 2013 don't see why they're let off their rates bill.Rich people get prefential treatment, of course. Get with the program. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted May 26, 2013 Share Posted May 26, 2013 Not sure its entirely about money. Built with Qatari cash. At one time Wren and Hawksmoor churches dominated the London sky line (especially in poorer East London) and stamped Christian authority throughout the City. Its a form of occupation I guess. Just my alternative view on the subject. Quote Link to comment Share on other sites More sharing options...
winkie Posted May 26, 2013 Share Posted May 26, 2013 There is no housing shortage......problem is people need more than just a roof over their heads Quote Link to comment Share on other sites More sharing options...
ubuntu Posted May 26, 2013 Share Posted May 26, 2013 Not sure its entirely about money. Built with Qatari cash. At one time Wren and Hawksmoor churches dominated the London sky line (especially in poorer East London) and stamped Christian authority throughout the City. Its a form of occupation I guess. Just my alternative view on the subject. yes you can see the minarets protruding from the top of the Shard. Quote Link to comment Share on other sites More sharing options...
erat_forte Posted May 26, 2013 Share Posted May 26, 2013 viewing gallery on the upper five floors, which offers visitors stunning views of the capital for £25. I wonder how many paying customers they get? So many that one floor is not enough? Quote Link to comment Share on other sites More sharing options...
bristolhunter Posted May 26, 2013 Share Posted May 26, 2013 Good to know the good folk of Southwark can afford to forego £12m a year for the next couple of years. NNDR is collected by the council (hence "due"), but is sent immediately to central government & redistributed - otherwise Tower Hamlets would be the richest borough in the country. The people of Southwark are foregoing far less than that, probably under £3m (they don't get more than 50% back, and this is then damped by up to another 50%) Quote Link to comment Share on other sites More sharing options...
bomberbrown Posted May 26, 2013 Share Posted May 26, 2013 And even when they are inhabited, £50M luxury apartments commanding a mere £200 a month Council Tax. The people of Southwark must be even more pleased. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted May 26, 2013 Share Posted May 26, 2013 I bet its still lit up really well every night... Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted May 26, 2013 Share Posted May 26, 2013 One Canada Square stood alone and unloved for some years. Quote Link to comment Share on other sites More sharing options...
Lagarde's Drift Posted May 26, 2013 Share Posted May 26, 2013 The kebab hut underneath the railway bridge by the Shard gives you an AMAZING 18 onion rings per (large) serving! Quote Link to comment Share on other sites More sharing options...
winkie Posted May 26, 2013 Share Posted May 26, 2013 The kebab hut underneath the railway bridge by the Shard gives you an AMAZING 18 onion rings per (large) serving! How many rings in an onion? Quote Link to comment Share on other sites More sharing options...
Dorkins Posted May 26, 2013 Share Posted May 26, 2013 We saw exactly the same stories re Gerkhin. Didn't stop it becoming uber profitable. One Canada Square stood alone and unloved for some years. Both of these buildings benefited from the huge expansion in the UK's financial sector in the 1990s and 2000s. Is it plausible to believe that the financial sector can expand even further to occupy all of the new office space going up around the City at the moment? Everything is so financialised already, hard to see it going much further. In ten years we went from 3.5x income-verified single earner to 4x joint liar loan mortgages. What would come next, 10x multigenerational plus family pets mortgages where the bank doesn't even ask for your name, never mind your financial details? Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted May 26, 2013 Share Posted May 26, 2013 (edited) Not sure its entirely about money. Built with Qatari cash. At one time Wren and Hawksmoor churches dominated the London sky line (especially in poorer East London) and stamped Christian authority throughout the City. Its a form of occupation I guess. Just my alternative view on the subject. Nah, the Qataris just want to make money. If there was any kind of cultural element behind it, the buildings would have some kind of religious look or theme to them. Mind you, the Shard does look a bit as I imagine Barad-dûr might, so maybe the Qatari royal family are secret Tolkien fans? edit:apostrophes Edited May 26, 2013 by TheBlueCat Quote Link to comment Share on other sites More sharing options...
Lagarde's Drift Posted May 26, 2013 Share Posted May 26, 2013 How many rings in an onion? Unfortunately they don't grow in a battered & deep fried state otherwise I'd have them in my garden. Even at 2am I was so amazed I counted them all. If I was younger I would've tweeted or Facebucked about it. Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted May 26, 2013 Share Posted May 26, 2013 Both of these buildings benefited from the huge expansion in the UK's financial sector in the 1990s and 2000s. Is it plausible to believe that the financial sector can expand even further to occupy all of the new office space going up around the City at the moment? You're making two assumptions there which are not necessarily correct. The first is that it's only FS companies that take office space in that part of London. The second is that only firms that are expanding will want the space. The former is definitely wrong - many large non-FS companies still have their headquarters or, at least, major offices in the City. The latter is hard to judge since there don't seem to be any figures around but I know of at least one medium sized bank that has recently shut offices elsewhere in London so as to consolidate more of their staff in the City having been able to rent space for substantially less per sqft than a few years back. Quote Link to comment Share on other sites More sharing options...
winkie Posted May 26, 2013 Share Posted May 26, 2013 Unfortunately they don't grow in a battered & deep fried state otherwise I'd have them in my garden. Even at 2am I was so amazed I counted them all. If I was younger I would've tweeted or Facebucked about it. Maybe they are reliant on repeat business.....I always liked a wally with my fries. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.