1st Phase of St William’s Poplar Riverside launching in Singapore

St William, part of the Berkeley Group, will be unveiling the first phase of their latest riverside homes in Singapore on the weekend of 21 August 2021. Located on the banks of the River Lea, Poplar Riverside will offer over 2,800 homes, complemented by world-class residents’ facilities, a beautiful new 2.5 acres park and a host of retail services.

 

An Exciting New District

Poplar Riverside is set to become one of East London’s most vibrant neighborhoods. Strategically located between Canary Wharf and Stratford, Poplar Riverside’s locale will allow future residents effortless accessibility to an abundance of East London’s most exciting social, cultural, and educational offerings.

Set within Zone 2/3 it is ideally placed for commuting to Canary Wharf or the City. Canary Wharf which holds an enormous collection of shops, bars, and cafes, alongside the United Kingdom’s largest inland fish market, Billingsgate Market as well as Canary Wharf the global business headquarters, both just 12 minutes cycle away.

The development is well connected via various public transport options that includes the East London’s DLR, London Underground services, and an extensive bus network. Poplar Riverside is also within 45 minutes by tube to United Kingdom’s top 16 universities such as the Queen Mary University of London, University of Greenwich, and King’s College. There are also secondary schools, primary schools, and pre-schools within the vicinity, catering to families with children of all ages. Poplar Riverside will even be delivering its own school in later phases.

 

A Green Haven

With over 500m of river frontage and accompanied by a 2.5-acre riverside park, Poplar Riverside offers ever changing views and proximity to nature. With half the park dedicated to open spaces, park users can expect facilities such as playgrounds, lounge areas, and spaces that can be used to host social gatherings. Connecting the park squares and gardens, The Green Link runs the length of Poplar Riverside and features over 6,000 sq ft of plantings and provides a beautiful green frontage for the on-site cafés and restaurants.

Residents are truly spolit with the environment around them as there are countless outdoor activities such as paddle boarding at the Lee Valley Country Park, a boat cruise along the River Lea, cycling through the Hackney Marshes or a tour of the Walthamstow Wetlands.

 

A Vibrant Place to Call Home

Poplar Riverside aims to provide its residents with a healthy balance between work and play. Located in the center of Poplar Riverside, Shelduck Square is a 10,000 sq ft public square for performances, remote working spaces, and outdoor dining.

The Riverside Club within Poplar Riverside is a 16,000 sq ft space with a mix of premium social and work facilities. Entertainment rooms such as the cinema room and games room provide a space for residents to relax and unwind. With WiFi throughout, facilities like The Workspace, The Great Rooms, and meeting rooms provide conducive workspaces for residents. A 20-meter pool on the first floor includes spectacular pool facilities such as a salt room, experience shower, steam room, and sauna.

The first phase of Poplar Riverside will launch 643 riverside studios, one, two, and three-room apartments, with a 24-hour concierge to cater to the needs of the residents. All homes will enjoy a balcony, many with beautiful views of the park, city, and river.

Join JLL at the Singapore launch of Poplar Riverside at Berkeley’s Office in Marina Bay Financial Centre Tower 2. The exhibition will run through 21st to 22nd August 2021 from 11 AM to 6 PM, strictly by appointment only. Virtual and one-to-one appointments are also available for booking now!

 

 

16 Aug 2021

The housing market has got the extended holiday many were hoping for and the clock is now effectively ticking for new buyers who haven’t yet started the process of purchasing a home to take advantage of a reduced Stamp Duty charge.

 

Stamp Duty Extended Holiday

 According to Rightmove data it has taken an average of 54 days to sell a home since the holiday was introduced in July, down from an average of 70 days in the 12 months prior.

Assuming the average time to sell a home remains at the current level, aspiring buyers have until 7th May to begin a purchase to take advantage of the holiday extension.

Overall the Stamp Duty holiday has provided a much-needed confidence boost to the housing market following its full closure in March last year. However, its previous cliff edge ending on 31st March always risked seeing sales fall through increasing anxiety for aspiring purchasers. The extension will provide welcome relief to those purchasers and open the door to additional buyers. There now needs to be clear signposting introduced to ensure the cliff edge is not just pushed further down the road.

 

2% overseas Stamp Duty surplus

This tax represents a big shift in UK Government policy away from an open trade policy – until now there has never been a consideration of an investors origin if they are looking to buy an investment home.

This tax will undoubtedly create some market resistance for an initial period until it becomes accepted. It should be noted that many other competing cities already provide higher levels of overseas taxation so the UK’s major cities should remain competitive on the international stage.

 

First Time Buyer Mortgages

95% mortgages have been all but non-existent for some time now so the Government’s mortgage guarantee scheme is hugely welcome news for aspiring home owners who have long faced mounting affordability issues.

 

Capital Gains Tax changes

The UK has obviously seen a significant increase in its debts as a result of supporting the country through the COVID pandemic. Those who can pay more tax, should pay more – that is only right and it fits with the levelling up agenda.

Nearly half of the UK’s privately rented homes are in suburban locations owned by small scale buy-to-let landlords. There could now be an increase in demand for this kind of housing stock from first time buyers looking to take advantage of the new mortgage guarantee scheme. The proposed changes to Capital Gains Tax could prompt of flurry of sales from landlords looking to exit before the changes take place. However, if there isn’t sufficient lead in time before the CGT changes take effect, it could reduce the volume of rental stock coming to market. CGT is ultimately a discretionary tax, and if homes become bloated with that tax, many landlords will opt to sit on their asset and wait.

 

Wholesale Review of Residential Taxes

Looking ahead, the Government has announced a Tax Day on 23 March and this could include the commencement of a widespread review of residential property taxes.

Reviewing how residential properties are taxed in the UK is long, long overdue.

Council Tax is based on residential values from 1991, which frankly are a very poor reflection of the current market. Meanwhile, Stamp Duty is a hugely inefficient tax which is ultimately a potential hindrance to the future economic prosperity of the UK. It makes no sense for people to find themselves ‘locked-in’ to their current home because of the tax burden of moving. People need to be able to migrate towards opportunities as easily as possible in the 4th Industrial Age and as part of the levelling up agenda.

Government also needs to acknowledge that we have an ageing population and SDLT is a hugely punitive tax for those looking to descend the housing ladder and right-size in later life. Without enabling more people to downsize, we face many people continuing to live inappropriate homes for their needs which in turn forces Government to have to increase expenditure on health and social care.

However, any significant changes in the tax system must be carried out with care, following a detailed consultation and with a sufficient lead-in time. Any replacement residential tax should carry a similar starting burden for individuals. The variance should then occur over time to allow householders to adjust their finances accordingly.

 

Overall Budget Conclusion

There are many welcome announcements within this Budget. However, solutions to the housing challenge must also focus on providing homes to suit a greater variety of end user needs. Society has changed and we must move away from the concept of blanket home ownership. We need measures to support an increase in purpose-built rental homes which will professionalise the private rented market, providing long-term, secure housing, and raising the profile of renting as an aspirational lifestyle choice.

And we need attractive, specialist later life housing which will help free up family homes and make more efficient use of existing stock.  With people living longer, the UK’s ageing population is typically under occupying family homes, but appropriate alternatives will encourage right-sizing.

Measures to address the housing market should be targeted at increasing all forms of supply, not just increasing demand for Private Sale housing only. 

 

Nick Whitten - Head of UK Living Research

12 Mar 2021

Despite the challenges posed by Covid-19, new housing schemes, developments and initiatives in the UK continue unabated.

The beauty of a city like London is that it has such a wide variety of vibrant districts spread across its vast metropolis. Most of these are steeped in rich heritage, dating back to Victorian times and beyond.

One of the lesser-known areas in central London, is called the Silk District and sits in the east of the city. Back in the 17th century, the Hugenots were forced to flee France and brought their silk-weaving skills to this part of London. Before that you couldn’t buy silk in England.

While most Londoners will know the area as Whitechapel, the Silk District is being revitalised thanks to some new regeneration projects. This historic part of the city currently ranks in The Telegraph's Top 20 Places to Invest in London.

 

Whitechapel vision

The Mayor of London’s “Whitechapel Vision” is a £300m investment to improve the local area, creating a new shopping destination, public squares and first-class educational opportunities.

The regeneration plan aims to create 5,000 new local jobs, a new street market, seven public squares, a research campus, parks and a medical research centre.

 

Widya Lesta, Head of International Residential, JLL Singapore said:

“Whitechapel's proximity to both London's major financial districts and ongoing regeneration promises it to be a key destination for impressive buy to let investment growth.”

 

Up-and-coming neighbourhood

The area is a magnet for city execs, technology workers and creative types with the ultra-cool Shoreditch enclave close by.

A major part of the regeneration includes the opening of the high-speed Crossrail train network in 2021. When this opens, residents can reach Central London in 10 minutes or less. This improved connectivity is likely to spur healthy rises in property values in locations that have Crossrail access.

“There is currently huge appetite to invest in Whitechapel,” Peter Gibney, director at JLL, commented.

This area was first identified by JLL’s Crossrail tool as offering the highest price growth potential compared with other Crossrail stations.

Together with the emerging creative commercial hub and unparalleled convenience of location for both work and leisure, Whitechapel looks set for demand for residential investment opportunities to continue to outstrip supply.”

 

 

“Neighbouring high-performing areas like Old Street and Spitalfields have seen staggering returns over the last five years, which demonstrates the best is yet to come.

The Bouchon (the last phase of The Silk District) offers a great opportunity for savvy buyers and investors, and it’s the last chance to buy in this up-and-coming development.”

Even without Crossrail, the Silk District and wider Whitechapel is on the edge of London’s city centre located in the Zone 1 transport network.

In fact, the Silk District is excellently located in between two of London’s largest financial districts, the City of London and Canary Wharf.

 

Strong growth

This part of London is predicted to grow strongly by 2024. The average price growth of the Silk District development is expected to be more than twice that of other new builds in the same postcode.

While London’s financial districts are very close, so too are a number of world-renowned universities including Queen Mary University, UCL, London Metropolitan University and King's College, which are all within 15 minutes.

The Silk District’s close proximity to these financial and educational centres guarantees a steady influx of people looking to rent or buy properties. And with a low price per square foot compared to neighbouring boroughs, the Silk District is ranked top by JLL for future price growth potential.

 

New developments

The Silk District development is designed by Stockwell Architects and features a 24-hour concierge, secured underground parking, a cinema room, a private gym, rooftop gardens and a large commercial space.

 

 

We have already successfully launched three phases of the development and now the fourth phase is ready to launch. For investors, a two-bedroom rental property in the Silk District could command a premium rental price and capital appreciation over the next few years.

Ongoing area regeneration and Crossrail’s arrival is the catalyst for a 25% projected price growth by 2024.

This weekend, 16th – 18th October, JLL Singapore will launch the final phase of The Silk District – The Bouchon.

It is the tallest building in the development, rising to 25 floors, offering stunning views of Canary Wharf and the City.

“The Bouchon offers would-be buyers the last chance to buy within our development, The Silk District, which is scheduled for completion in spring 2024,” Jon Hall, sales director at Mount Anvil.

Could Whitechapel’s Silk District be the investment opportunity you are waiting for?

Register your interest here.

 

Download our brochures for more information:

The Silk District, The Bouchon
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The Silk District, The Bouchon
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Whitechapel Investment Guide
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14 Oct 2020

The Portman Estate is investing more than £250m into fashionable Marylebone to create a new residential hotspot in the heart of London W1

 

London is consistently one of the most popular global cities for overseas property investment, and a prestigious Central London postcode is the gold standard for wealthy buyers and professionals who want the best of the city on their doorstep.

Extensive regeneration continues to offer new opportunities to live and invest in London's most fashionable districts, among them Marylebone.

A stone's throw from Oxford Street and Mayfair, surrounded by Royal Parks and a popular boutique shopping and dining destination in its own right, Marylebone in the Borough of Westminster is one of the most central and best-connected areas of London.

The residential sales and lettings markets in Marylebone have remained robust over the past few years, and Jones Lang LaSalle (JLL) expects growth to accelerate as the ongoing regeneration and forthcoming high-speed Crossrail services at nearby Paddington station draw more investment to the area.

 

Marylebone's transformation is centered on The Portman Estate, a mixed-use neighborhood covering 110 acres of prime Central London real estate that dates back to 1532.

Working with some of London's most esteemed property developers, the Estate is investing more than £250m into Marylebone and surrounding areas over the next decade to improve living standards even further, bring more new and refurbished properties onto the market and ensure their long-term growth prospects.

 

Village in the city

Despite its central location, Marylebone has held on to its village charm, particularly among the Georgian architecture and independent retail streets of The Portman Estate. The wider Marylebone area is famous for its specialist stores and home to several Michelin-starred restaurants, making it a popular destination for discerning Londoners looking for a more authentic alternative to the global brands of nearby Oxford Street and Regent Street.

Part of London's artistic West End, Marylebone also has cultural experiences to entertain and inspire locals all year round, from the eclectic art exhibitions at The Wallace Collection to music recitals at the legendary Wigmore Hall.

Nature lovers and families have two sprawling Royal Parks in walking distance – 350-acre Hyde Park and Regent's Park with its iconic zoo – and many of London's highest-rated schools, colleges and universities are just minutes away on the Underground, including King's College London, University College London, Imperial College London and the London School of Economics.

 

 

At the center of London's transport network, Marylebone is exceptionally well connected to all parts of London and further afield by local Tube stations such as Marble Arch and Edgware and nearby Paddington station, offering high-speed connections to financial district Canary Wharf in just 17 minutes and London Heathrow Airport in 34 minutes on the Crossrail Elizabeth Line.

With the opening of Crossrail now delayed until the first half of 2022, investors in London property can still look forward to the anticipated rise in demand and house values once services begin.

 

Meticulous living spaces

Located in the west of The Portman Estate, TwentyFive is the new flagship residential development of the area that's already welcoming overseas investment.

Developed by Native Land, TwentyFive offers 23 meticulous studios, one, two and three-bedroom lateral apartments and two lateral penthouses across eight floors.

The mixed-use building also includes over 44,500 square feet of office space at OneThreeSix and four retail units, setting a new standard for high-end living and working locations in London.

 

 

Designed by architects Stiff + Trevillion, the eye-catching development makes the most of its stunning location with dual aspect views in most units and Juliet balconies for all.

The spacious contemporary interiors by MSMR Architects use natural oak and stone, light color palettes and reflective surfaces to set a calm and airy atmosphere to help city dwellers unwind.

 

 

Residents can also access a private gym, a pool and spa at the neighboring Marriot Hotel, concierge services, secure underground car parking and other amenities, alongside the perks of a central London W1 location.

 

For further information, please contact JLL at +65 9671 9583 or internationalresi@ap.jll.com

 

Twenty Five - Launching in Singapore on 3rd – 4th October

Register now

21 Sep 2020

St James, part of the Berkeley Group, has launched a new collection of parkside homes set within the green landscape of White City Living in London’s W12.

 

A world class social, cultural and educational destination 

Parkside residents will find themselves surrounded by world-class retail, entertainment, education, culture and commerce, with Westfield London – Europe’s largest retail destination – on the doorstep, which is now home to the second branch of Harrods, the world’s leading luxury department store. 

In addition, White City Living is located within 30-minutes of four of London’s top five universities including University College London, London School of Economics and Imperial College London, which is currently developing a new 23-acre campus and innovation hub adjacent to the scheme. Families are also well catered for, with the prestigious Notting Hill Prep School and St Paul’s Girls School located close-by, while Eton College and Harrow School can be reached within 40 minutes.

Positioned moments from Holland Park, Notting Hill and Kensington, White City Living is home to more than 2,300 new homes alongside 60,000 sq ft of mixed-use commercial space and eight acres of open green landscaping, including the Exhibition Park which is a new five-acre public park.

Residents enjoy outstanding transport connections to London and beyond. White City and Wood Lane Underground stations provide quick and easy access to key London hotspots including West End, Bond Street and Mayfair in less than 15 minutes.

 

At home in nature

Aptly named Parkside, the new apartments overlook the Central Gardens and offer some of the best views of this new neighbourhood, located within eight acres of open green landscaping, including magnolia gardens and serene waterscapes.

Designed by internationally renowned architects Patel Taylor, Parkside’s elevated views face to the west, whilst the verdant gardens below epitomise the passing seasons.

With a landscape designed by Murdoch Wickham, White City Living’s extensive green spaces mean the new Parkside apartments are enveloped by nature. Residents can enjoy a network of water gardens and landscaping features, with all apartments featuring outside space in the form of balconies or terraces.

Enhancing biodiversity and giving life to a spectacular landscape is key to St James’ regeneration vision; so far more than 6,400 native trees have been hand-selected along with a wide variety of native planting, which will provide valuable habitats for a range of wildlife.

The landscape is almost entirely car-free to encourage a pedestrian approach and aims to deliver a greener environment. Electric car charging points are provided to all parking spaces, alongside an on-site car sharing club and secure cycle parking. 

 

A seamless experience

Parkside includes suites, one, two- and three-bedroom apartments that are ideally suited to owner-occupiers looking to take advantage of all the area has to offer; including access to Imperial College London’s largest campus, Westfield London and outstanding transport connections.

Catering perfectly for modern life, residents enjoy access to White City Living’s unrivalled private facilities which will be newly opened at the beginning of 2021. A state-of-the-art Home Club occupies more than 20,000 sq ft across two buildings. The Home Club is a multifunctional space to work, meet, socialise, relax, and keep fit. Residents also have access to two individually designed private lounges that provide a perfect place to work during the day or relax in the evening and a 24-hour concierge.

Touch-free access technology is incorporated throughout all residents’ facilities. This innovative technology removes the need for residents to touch door handles or press lift buttons and switches, from the moment they arrive at White City Living.

Mandy Wong, Head of International Residential at JLL in Hong Kong said, “The UK housing market has been generating high interest from buyers in Hong Kong, with investors recognising its resilience even amid pressure from uncertainties following Brexit and Covid-19. A rising trend in remote working has led to growing demand from affluent young families for a flexible work-leisure space that has both access to nature and convenient technologies. Parkside embodies all of these features on top of having excellent transport connections and fantastic growth potential in its surroundings, making it a prime location for those who are looking to ride the tide of the transforming real estate landscape in the UK and make an ideal long-term investment.”

19 Mar 2021

Matching Green has launched Dockley Apartments, an exciting new residential development located a stone’s throw from the heart of Bermondsey and is set to complete in Q2 2022. The development offers 111 apartments across 8 levels, comprising of one, two and three-bedrooms, each with a generous private terrace and many with far-reaching views across London.

 

Spacious outside living and sleek design for modern comfort

The apartments are finished to an excellent specification with contemporary interiors and stylish layouts. Each unit is thoughtfully designed to maximize space and light, from open-plan kitchens, underfloor heating to frameless shower screens. The apartments are wired for fibre optic broadband, essential for the emerging trend of working from home. The face of the development showcases an innovative tiered design, which allows for spacious private terraces for each apartment. Residents will exclusively benefit from a sheltered all-weather children’s play area, landscaped central courtyard and two communal roof terraces with comfortable seating and year-round sunlight. The project is also equipped with secure parcel lockers to accept personal deliveries. Built to the highest environmental standards, with sustainable modern design and high-quality materials, this impressive development breathes new life into a historic industrial site.

 

Perfectly located in a trendsetting yet historical district

Dockley Apartments is conveniently located within a five-minute walk from Bermondsey tube station in Zone 2, ten minutes from the River Thames and vibrant Bermondsey Street. Canary Wharf, the business district, is only four minutes away on the Jubilee Line.

Bermondsey, host to London’s first railway, was named ‘Best Place to Live in London’ in 2018 by the coveted Sunday Times. Known as a thriving hub for food and drink, Bermondsey hosts a wealth of bars, breweries, restaurants and cafes. The neighbourhood also offers parks, modern art galleries and an independent cinema, providing a rich cultural atmosphere. Sitting alongside Dockley Apartments are a collection of railway arches which, in conjunction with Matching Green, Monmouth Coffee and Neal's Yard Dairy, have been restored to create Spa Terminus where like-minded food production and distribution companies now occupy these spaces. From cheesemongers and greengrocers to butchers and brewers, Spa Terminus consists of companies who supply some of the absolute best food products on the market, all on Dockley Apartments’ doorstep.

Along with Dockley Apartments, Matching Green is currently developing Dockley Road, a development of approximately 12,000 sqft of commercial and retail space. The project will create a new pedestrian street and a new series of commercial units opposite the railway arches, contributing to the range of artisan producers on-site. This will create a dynamic street open for Saturday market trading forming a key part of Southwark’s Low Line walking routes and establishing an exciting centre of activity and enterprise.

 

Units at Dockley Apartments start from £544,500. For further information, please contact us.

19 Mar 2021

The regeneration of Shoreditch in the East End ranks alongside Canary Wharf as one of London's great success stories of the 21st century so far, but its rise to prominence has been more rapid. The past decade has seen many of the world's best and brightest creatives relocating to be part of the emerging East London Tech City – nicknamed the 'Silicon Roundabout' as London's answer to Silicon Valley, and home to many of the same names, including the likes of Google, Facebook and Amazon among thousands of ambitious startups.

The explosive growth of Shoreditch has made available property scarce, and new residential developments are highly in demand by professionals and local and overseas property investors who are keen to capitalize on house price increases, set to be greater than in Central London. One of the most significant new residential projects entering the market this year is The Makers, a mixed-use development of 175 private residential units, exclusive amenities and a college, located off a quiet street with convenient access to Tech City and the London lifestyle.

 

Work-life balance in Shoreditch

Shoreditch has global appeal for creatives and tech-savvy entrepreneurs for its collaborative startup culture, business support facilities and excellent transport connections. London City Airport is just 26 minutes from Old Street station by train (four minutes' walk from The Makers), while Heathrow Airport is 50 minutes away. Journey times across London and South East England will be improved when Crossrail services begin at nearby Liverpool Street station in 2021, which will also give a boost to house prices and rents in the surrounding area.

Convenient transport links put other London experiences in easy reach, but there's no shortage of restaurants, bars, shops and cultural venues to serve the local community. From bargain hunting at Old Spitalfields Market to catching events at the Barbican and dining out in Islington, there's plenty to enjoy within walking distance. Shoreditch is also a remarkably green part of London, abundant with canalside parks and other recreational areas.

Families moving to Shoreditch with children will be pleased to know that it's in the capture area of some of the city's most prestigious schools, while higher education institutions such as King's College, Central St Martin's and the London School of Economics are within 30 minutes' travel. The development at The Makers also includes a co-located school, New Regent's College, which will provide state-of-the-art education for pupils aged 5 to 16.

 

Design-led luxury living

Tucked away behind busy City Road on the corner of Nile Street and Jasper Walk, The Makers is a collaborative project between established developers Londonewcastle, the London

Borough of Hackney and the Local Education Partnership. Avanti Architects were tasked with designing this new residential landmark, which draws inspiration from the surrounding architecture and rises 28 stories, including a 7-story podium block.

The interiors by Woods Bagot have a distinctly 1920s flavor, from the grand, double-height entrance lobby to the brass fixtures. Buyers can choose from studio flats, two or three-bedroom apartments or family duplexes and penthouses adding more premium finishes and furnishings. All residents will enjoy views over Canary Wharf, the City of London and the West End from their balcony or terrace, as well as use of private communal facilities including a gym and treatment room, screening room, lounges, garden terraces and a 24/7 concierge.

A number of units at The Makers are now available and ready for occupation. Buying before the end of March 2021 means overseas property investors can qualify for Stamp Duty and Land Tax (SDLT) relief, making a London property purchase more affordable.

 

19 Mar 2021

At the heart of East London Tech City, ascendant Shoreditch is a hotspot for commercial and residential investment

Shoreditch's long climb from Victorian slum to prime London property market isn't only a welcome challenge to Central London dominance, it also reflects the changing fortunes of the East End at large. Transformed by technology, Shoreditch is at the heart of the UK's leading digital cluster, the so-called 'Silicon Roundabout' that's home to the world's leading tech brands and countless ambitious startups.

With heavy public and private investment continuing to fuel growth in the years ahead, the Shoreditch property markets are among the fastest growing in London as businesses and professionals make their new homes in the East End. Jones Lang LaSalle (JLL) forecasts residential sales and rental price growth to outperform Central London in the coming years, contributing to East London being one of the UK's most important growth drivers by 2030.

A further boost in house prices is expected with the opening of the new high-speed Crossrail Elizabeth Line at nearby Liverpool Street, Moorgate and Whitechapel stations. Currently scheduled for 2021, Crossrail will improve journey times across London and to major airports, making a Shoreditch address even more attractive for international business, entrepreneurs and other professionals.

 

The rise of Tech City

Like London's financial center Canary Wharf and other regeneration success stories, Shoreditch has humble origins. In the 19th century it was the site of one of London's most notorious slums, but even back then, its artisan traders earned the area a reputation for creative enterprise.

Technology and media companies arrived at the end of the 20th century, but it wasn't until the 2008 global financial crisis forced older businesses to close that fresh blood could enter Shoreditch, taking advantage of its excellent transport connections and property discounts to establish a new innovation hub centered around Old Street station.

The last decade saw investment pour into the emerging East London Tech City, which became the world's third largest startup cluster after San Francisco and New York, with co-working spaces such as IDEALondon, TechHub and WeWork supporting small business growth and encouraging collaboration. Soon, the startups were joined by the likes of Amazon, Cisco, Facebook, Google and Intel, cementing Shoreditch as a leading technology center in Europe.

 

Old meets new

Even with the area's digital rebirth and growing wealth, many aspects of life in Shoreditch have remained resolutely unchanged. The historic markets of Brick Lane and nearby Spitalfields still draw the crowds, while traditional restaurants and independent boutiques sit side by side with contemporary coffee shops, microbreweries and Boxpark, the eye-catching pop-up container mall.

Convenient access to the London Underground and Overground puts the city center and Crossrail services from Liverpool Street just minutes away, including international connections to London Heathrow and City airports. Living in Shoreditch means having convenient access to all the British capital has to offer, from world-class schools and universities to iconic attractions and nightlife.

 

Modern city living

With demand high and supply limited for Shoreditch property in convenient locations close to stations and business facilities, developers are busy bringing high quality residential property onto the market with furnishings and services that will satisfy the discerning modern professional.

One of the stand-out new developments is The Makers, a collaboration between developer Londonewcastle and the London Borough of Hackney that offers 175 new homes, five-star resident amenities and a co-located college in a quiet residential area off City Road. A limited number of units have been made available for overseas property buyers who are eager to invest in one of London's best performing areas.

 

19 Mar 2021