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HafenCity

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Hamburg is setting new standards in Europe with the devlopment of HafenCity. Comprising 157ha, HafenCity is a conversion project in which port areas formerly used by industry and logistics are being transformed into a mixed-use urban quarter for living, working and leisure. The new city area by the water is being redefined through impoved urban layout and architecture. In total more than 2.5 million m² gross floor area (GFA) is to be constructed above ground. More than 7,500 residential units for around 15,000 residents are being built, as well as business premises offering in excess of 45,000 job opportunities (of which 35,000 will be in offices), plus educational institutions (child daycare, schools, universities), restaurants and bars, retail, cultural and leisure amenities, with parks, plazas and promenades – after overall completion, 80,000 visitors per day are expected.

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With around 15,000 residents, HafenCity will double the housing supply in Hamburg’s inner city (Altstadt, Neustadt and HafenCity) when completed. In terms of figures, each hectare of land accommodates around 118 residents and an additional 354 jobs. This density meets the growing demand for inner-city living space and workplaces, and at the same time contributes to sustainable land use. In terms of construction, this density is achieved while retaining the perimeter block development typical of major European cities with only individual high-rises. The floor space index (FSI) – i.e. the gross floor area (GFA) of all buildings within a neighborhood in relation to its land area – ranges from 3.7 to 6.1, depending on the neighborhood. The proportion of road traffic areas normally required has been reduced to 23% in HafenCity, compared with 42% in the old town between Speicherstadt and Binnenalster. This allows a large proportion of public and publicly accessible open spaces amounting to 38 %. In the Altstadt between Speicherstand and Binnenalster, this figure is only 5%. The open spaces not only have a high recreational value, they also, together with the water areas, prevent the urban space from overheating in summer. HafenCity thus achieves a high quality of compact living and working with high land use efficiency.

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With around 45,000 jobs, HafenCity is also an important business location for the entire metropolitan region. Large corporate headquarters and branch offices have been given an attractive, inner-city location in HafenCity. These include the well-known Hamburg media company “Der Spiegel” at Ericusspitze and the Gruner + Jahr publishing house under construction at Lohsepark. The maritime sector includes the companies Kuhne + Nagel, COSCO SHIPPING Lines, the shipping company Eukor and DNV-GL. With Greenpeace, the Loki Schmidt Foundation and the energy company Enerparc, there is also a special sustainability connection in HafenCity’s entrepreneurial community. Start-ups, small companies with high growth potential and co-working providers are also increasingly discovering the urban qualities of HafenCity. The Finhaven fintech hub has been created in the Campustower and, with the Blockchance Campus, Hamburg has gained its first co-working space for blockchain technology. The Foodlab in Watermark Tower is a globally unique co-working space for founders from the food scene. The EDGE HafenCity office building is a fully digitalized office building that structures and supports the creative appeal of co-working through digital tools.

My_Stylery_Hamburger_Hafencity-9-1024x576For Hamburg, HafenCity is not simply a major real estate project in which individual projects need to be realized as quickly and efficiently as possible – it is the vehicle for achieving exemplary urban quality and defining the city anew for the 21st century. But this is by no means confined to urban planning, architecture or uses. It also extends to sustainability. To give just one example, with its sustainable mobility concept (sharing and e-mobility) HCH is currently setting completely new priorities in eastern HafenCity and thus making a key contribution to Hamburg’s sustainable transformation strategy. Social sustainability and social resilience are other topics that are subject to ongoing strategic development and are being taken up by individual developers.

006781imageNew experiments and innovations are constantly playing their part in HafenCity’s increasingly ambitious development, which in many areas has also emancipated itself from the 2000 Masterplan but without losing sight of its basic idea. Because the development of HafenCity simultaneously creates an institutional framework for integrating new model projects, it provides a highly regarded platform for innovation. The city of Hamburg can thus also substantially strengthen its pioneering role in the area of forward-looking urbanity and make a significant contribution to climate-friendly and social progress.


 

GLA: 

  • Overall area: 157 ha of former port and industrial land
  • Land area: 127 ha

 

Investment volume:

  • private investment – around €10bn
  • public investment – €3bn, mostly financed from special assets fund from sales of plots in HafenCity

 

Managed by: HafenCity Hamburg GmbH

        

Start of the project: 2000

 

Completion: TBD 

  • 80 projects completed; 61 projects under construction or planned

 

Address: Hamburg, Germany

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Tungsten and BC Partners launch €296m industrial JV (GB)

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Tungsten Properties have signed a transformative €296m (£250m) JV funding agreement with BC Partners. The newly formed joint venture company will target single and multi-let industrial opportunities across the UK, which will range from last-mile to big box logistics warehouses with a GDV of greater than €29.6m (£25m). Tungsten Properties will act as asset and development manager for the joint venture. With a strong conviction in the underlying occupational fundamentals of the industrial warehousing sector, the joint venture has already identified a strong pipeline to initially seed the partnership.

 

Jeff Penman, managing director, Tungsten Properties said:“This is a significant step in Tungsten’s expansion strategy to continue to deliver industrial and warehouse space to create growth, jobs and investor returns. This transformational JV agreement with BC Partners will provide reliable capital to continue delivering strategically located, environmentally friendly buildings across the UK. While there is volatility in the capital markets, both Tungsten and BC Partners believe that the industrial market’s long-term fundamentals remain strong. With a fighting fund behind us, we look forward to securing further opportunities.”

 

Laurian Douin, partner, BC Partners said: “The UK industrial and warehouse sector has strong secular fundamentals. Given Tungsten’s strong track record and like-minded approach to development, we are thrilled to partner with them to jointly invest in this asset class. The joint venture intends to deliver well-located, exceptional schemes to meet occupier demand, with a particular focus on schemes’ environmental credentials in-line with BC Partners Real Estate’s commitment to ESG.”

 

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Four homes for sale with swimming pools: With price tags from £1.1m to £190k

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Owning a property with a swimming pool might seem like one of life’s luxuries that is reserved for millionaires.

But, as our pick of homes for sale with swimming pools proves, you don’t have to have a multi-million pound property to have one.

That said, you may still need deep pockets for their upkeep, which can be costly, particularly if you want to keep your swimming pool heated to a comfortable temperature.

While water shortages and hosepipe bans are hitting the headlines, a pool that is already filled with water will not draw on resources but may be forbidden from being topped up by hosepipe in the case of a ban.

Our pick of four properties for sale with swimming pools are for various budgets, ranging from £1.1million to £190,000 (scroll down for more information about the house pictured)

Our pick of four properties for sale with swimming pools are for various budgets, ranging from £1.1million to £190,000 (scroll down for more information about the house pictured)

Here, we take a look at four swimming pools at properties for those with a range of different budgets.

At the top end is a six-bedroom house in Ramsgate, Kent. with an acre of land that includes an outdoor swimming pool. It has a price tag of £1.1million.

At the other end is three-bedroom property in Ashington, Northumberland, with an empty indoor swimming pool and an asking price of only £190,000.

Daniel Copley, of Zoopla, said: ‘With Britain currently experiencing a heatwave, it’s no surprise that homes with swimming pools are proving to be increasingly popular.

‘Whether your budget is more in the deep or shallow end, some homes with pools may be more affordable than you think.

‘While the rise in energy bills will have a very real impact on those wanting to heat a pool, at this time of year a refreshing dip may be just what’s needed.’

Four properties with swimming pools… 

1. Six-bed house, Ramsgate, £1.1m

The most expensive house in our list of properties with swimming pools is this £1.1million home in Ramsgate, Kent, which is being sold by Miles & Barr estate agents

The most expensive house in our list of properties with swimming pools is this £1.1million home in Ramsgate, Kent, which is being sold by Miles & Barr estate agents

The property is called Pond Cottage and it boasts a large outdoor swimming pool that has a curved slide at the side

The property is called Pond Cottage and it boasts a large outdoor swimming pool that has a curved slide at the side

Inside the property, the entertainment facilities continue - with a cinema room that has black chairs and a red carpet

Inside the property, the entertainment facilities continue – with a cinema room that has black chairs and a red carpet

The most expensive house in our list of properties with swimming pools is this £1.1million home in Ramsgate, Kent.

It boasts more than an acre of land that includes a large outdoor swimming pool, a patio and a pool area.

The property is called Pond Cottage and it is being sold by Miles & Barr estate agents.

2. Five-bed semi-detached house, Welling, £625k

This semi-detached property in Welling, Kent, may not look like it can house a swimming pool from the front aspect

This semi-detached property in Welling, Kent, may not look like it can house a swimming pool from the front aspect

A slimline swimming pool has been added to the rear of the house and it has been covered to protect it from the elements

A slimline swimming pool has been added to the rear of the house and it has been covered to protect it from the elements

The Kent property is on the market with a price tag of £625,000 and the sale is being handled by estate agents MS Estates

The Kent property is on the market with a price tag of £625,000 and the sale is being handled by estate agents MS Estates

This semi-detached property in Welling, Kent, may not look like it can house a swimming pool from the front.

But a slimline swimming pool has been added to the rear of the house. It is on the market for £625,000 via MS Estates.

3. Five-bed house, Ripon, £450k

This three-bedroom house in Ripon, North Yorkshire, was once a barn and has been converted into a family home with a swimming pool

This three-bedroom house in Ripon, North Yorkshire, was once a barn and has been converted into a family home with a swimming pool

The curved shaped indoor swimming pool sits below wooden beams and has a separate bar area for entertaining

The curved shaped indoor swimming pool sits below wooden beams and has a separate bar area for entertaining

The barn conversion has a colourful interior and is on the market for £450,000 via Solo Property Management estate agents

The barn conversion has a colourful interior and is on the market for £450,000 via Solo Property Management estate agents

This three-bedroom barn conversion in Ripon, North Yorkshire, boasts an indoor swimming pool and bar area.

It is on the market with a price tag of £450,000 and the sale is being handled by Solo Property Management.

4. Three-bed house, Ashington, £190k

This three-bedroom house in Ashington, Northumberland, is the cheapest in our list of properties for sale with swimming pools

This three-bedroom house in Ashington, Northumberland, is the cheapest in our list of properties for sale with swimming pools

The 1930s detached property has an indoor swimming pool that isn¿t currently being used because it has been left empty

The 1930s detached property has an indoor swimming pool that isn’t currently being used because it has been left empty

The three-bedroom property is currently for sale for £190,000 and is being sold via Rook Matthews Sayer estate agents

The three-bedroom property is currently for sale for £190,000 and is being sold via Rook Matthews Sayer estate agents

This three-bedroom house in Ashington, Northumberland, is the cheapest in our list of properties for sale with swimming pools.

It is a 1930s detached property with an indoor swimming pool that isn’t currently being used as it is empty.

The property is for sale for a relatively cheap £190,000 and is being sold via Rook Matthews Sayer estate agents.

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Barwood Homes invests in Woodville resi scheme (GB)

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Harworth Group plc has completed the sale of an eight-acre land parcel at Woodville, Derbyshire to Barwood Homes for the delivery of 73 new houses. This represents Harworth’s first transaction with the Northampton-based housebuilder. The land parcel forms part of a 53-acre regeneration site which is owned by Beepart Ltd, part of Dyson Group, the Sheffield-based former manufacturer of industrial materials. Harworth is promoting the site on its behalf through a Planning Promotion Agreement. In April 2022, South Derbyshire District Council granted outline consent for the creation of up to 300 homes on the site, in addition to a c.30,000ft² local center with convenience retail and leisure amenities and over 150,000ft² of employment space for a range of uses.

 

The wider site has been unlocked by the delivery of Derbyshire County Council’s Woodville to Swadlincote Regeneration Route, which opened to traffic in December 2021, providing better access to Swadlincote and traffic relief in Woodville, as well as improved connectivity across the site. Preparation works will commence shortly for the next phases of residential and employment land sales at the development.

 

Ed Catchpole, Regional Director for Yorkshire & Central at Harworth, commented: “This sale is a fantastic start to the development at Woodville and we are pleased to welcome Barwood Homes to the site, who will deliver high-quality new housing for the local community. Our focus is now on bringing forward the rest of the development, utilising our extensive experience in the remediation of complex sites, including earthworks and infrastructure, to ready the remaining residential and employment land.”

 

Luke Simmons, Managing Director of Barwood Homes, added: “We are delighted to be working alongside Harworth on this exciting development. The team is looking forward to engaging with the local community as we gear up to deliver a scheme of excellent quality in design, build and service.”

 

Gavin Rosson, Managing Director of Dyson Group, added: “This first sale of a residential portion of the site is an important step in unlocking the full development potential of the whole, something we have been trying to achieve for many years. Such development will help regenerate Woodville and the surrounding area, somewhere we have had a presence since 1967 and are delighted to participate in.”

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