Construction Update | Lantern, Collingwood, Sept 2016

Construction Update | Lantern, Collingwood, Sept 2016

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Cornerstone International Properties is pleased to bring you the latest construction update for the lovely Lantern Apartments in Collingwood, Melbourne. A work of art, Lantern has a distinguishable lantern-like facade, hence its name. Only 3.2km from the CBD, Lantern lies in a historic neighbourhood of Collingwood, only 2.1km to the University of Melbourne. Lantern Construction Update Progress is going ahead as planned and now, Orange Building Solutions is in full possession of the site. The old building has been demolished bulk excavation is now underway. The full retention system and basement is expected to be completed by Christmas. Following which, on return from Christmas, work on the structure will commence. Settlement is anticipated for late 2017 and we will continue to keep you posted. About Collingwood Collingwood is one of the hottest property spots for young professionals. Hip, happening and increasingly gentrified, it is home to some of Melbourne’s best food and retail outlets, art,

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Emerging Trends 80 Days After Brexit

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It has been 2. 5 months since Brexit. By the end of Sept, the government will start to think steps to invoke Article 50, the ‘divorce process’ that will trigger the UK’s departure from the EU. The property market was among the sectors hit hardest by the referendum, with seven commercial property funds freezing trading within weeks, Reuters reports. However, some trends have emerged that allow for a better observation of the property sector, namely: UK property market players and investors are still confident about the future prospects of the market. Regional cities like Manchester & Liverpool continue to outperform London Alternative/specialist property like UK student property/purpose built student accommodation (PBSA) and hotels gained greater traction among investors due to its long leases and liquid returns Private rental sector remains significant as housing supply unable to keep up with demand   i. Future prospects of the market looks good. Regional cities like

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London’s City in the East

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If you’ve been wandering around London recently, here’s one thing you would’ve probably noticed: the city is moving eastwards. Thanks, in part, to the London Olympics, the population is booming in east London with growth projections of a further 600,000 in the next 15 years. Today, more Londoners live to the east of the Tower Bridge than west of the city as a wave of regeneration sweeps the area. Amazingly, east London – which encompasses Canary Wharf (London’s financial centre today) and the London Docklands – was once considered undesirable! It is now one of the city’s most eclectic spots, populated by finance sector workers; the design, digital and creative communities; and families. Transport for London has unveiled proposals for 13 new river crossings, most of which is in East London, beefing up the existing transport network which includes Crossrail links and the DLR. According to Jones Lang Lasalle, property

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Construction Update | VITA York

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We are pleased to present the latest constuction update for VITA Student Village York. Things are looking good at the construction site of VITA Student Village York. The steel frame works for Apple House, Minster House, Hazelwood House and Middlethorpe House is complete. Foundations have been installed for Barley House and Goldie House. Brickwork and timber cladding have also commenced, and windows are currently being installed in several phases of VITA York. Over the next four months, more drainage works will be done to the southern section of the site. Foundation work for the rest of the phases at VITA York will also commence then. Background VITA is UK’s top student property brand. CSI Properties is pleased to have marketed VITA York, which is VITA’s flagship student residence. This 528-apartment village is surrounded by lush landscape and sits within a listed 19th century site spanning 25,000sqm at the heart of the

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