On behalf of Greene King, Savills has launched The Cheshire Cheese public house at 332 Crewe Road in Shavington, Crewe, which is available to let. Occupying a prominent corner position the large, two-storey pub has been recently renovated to offer a trading area, kitchen and stores on the ground floor with manager’s accommodation above, incorporating three bedrooms, kitchen lounge and bathroom. Pete Scholes, in the leisure and trading team at Savills in Manchester, comments: “The Cheshire Cheese in an attractive opportunity to establish a profitable business with low rent in an area experiencing significant residential development.” Source link

HSL is to run a 1 day course on Anticipating and adapting to change in the world of work. Please email your expression of interest Introduction Are you keeping pace with change and tackling the problems of tomorrow today? The new and emerging health and safety challenges that come with social, economic and technological change include: Workforce trends – an ageing population, changing work patterns, workforce diversity (from veterans to Generation Z) Low carbon economy – are ‘green jobs’ safe jobs? The energy challenge – increased demand, aging infrastructure, increases in distributed generation Smart technologies – automation, robotics and artificial intelligence Unlocking Innovation Anticipating and tackling the potential impact of these changes is not about discovering obscure and unlikely risks but rather ensuring that workplace health and safety considerations do not act as unnecessary barriers to future growth. In this one day workshop we will introduce to you to the work of the HSL Foresight Centre and show how companies can benefit from anticipating and adapting to the changing world.  Delegates will be introduced to a range of practical techniques to identify future challenges and opportunities. The workshop will cover Megatrends – what are they, where do they come from, why do they matter and how do they impact on risks management? How to identify relevant sub-trends and balance conflicting priorities using a simple prioritisation tool. Explore the power of scenarios to understand the impact of possible futures on strategic plans. Using ‘snap-shot workshops’ as a catalyst for colleagues and stakeholders to engage, join the dots and consider opportunities and threats in a strategic context. Tools for making sense of anticipated future changes  and introduction to how HSE’s Foresight Team can provide help, tailored  for your organisation. Aims By the end of the session, you will have an awareness and appreciation of the relevance and practicality of anticipating and making sense of future changes and their potential impact on health and safety. Who should attend? Directors, senior managers and leaders in health and safety thinking. Venue The workshop will be run at the Health & Safety Laboratory in the spa town of Buxton. Buxton is in the heart of the Peak District and has good links to mainline train stations and Manchester International Airport. Details of hotels in the Buxton area can be found at www.visitpeakdistrict.com Cost TBC For further information email: training@hsl.gsi.gov.uk or contact the Training & Conferences Unit at HSL directly on +44 (0)1298 218806. Back to Health and Safety Seminars Back to the top Source link

Two of the UK’s biggest life insurers have sealed infrastructure investment deals in the latest sign of the sector’s growing thirst for physical assets. Legal & General is to put £65m into Newcastle Science Central, a £350m science and technology park to be built on a 24-acre city centre site. Pension Insurance Corporation, meanwhile, is to put £100m into debt secured on the new “super sewer”, or Thames Tideway Tunnel, a £4.2bn project due for completion in 2023. Insurers are increasingly chasing investments in bricks and mortar assets. Although infrastructure is still a small part of their portfolios, it is a rapidly growing one. The assets offer long term cash flows to match the insurers’ extended liabilities. This is critical for companies such as Legal & General and PIC, which specialise in annuity and pension products that can last for decades. And because it is often illiquid, infrastructure can sometimes offer better returns than are available on other long term assets such as government or corporate bonds. “Infrastructure debt ticks all the boxes — it provides long dated, investment grade paper that allows the insurers to match their assets and liabilities. They are using it to replace some of the more traditional paper that they would have held,” said Patrick Liedtke, a managing director in BlackRock’s insurance asset management team. “The added advantage is that, unlike corporate debt, infrastructure loans tend to improve in credit quality the longer you hold them, as the projects become more certain.” A survey by Goldman Sachs Asset Management earlier this year found that infrastructure debt and infrastructure equity were among the most popular asset classes for insurers, with far more planning to put money into the assets than take money out. The result is that many insurers complain of a shortage of attractive homes for their money. “There are not many assets that go out beyond 30 years,” said Allen Twyning, head of debt origination at PIC. “There are not an awful lot of options for pension funds and insurance companies. Infrastructure credit is the ideal asset to back long term liabilities”. PIC’s investments in the super sewer stretch out as far as 2054 and offer yields of 1 per cent over inflation — far more than is available on government bonds with a similar duration. There is also a long deferral period, with money going in over a five-year period so that the sewer builders receive the cash only when they need it. PIC, which specialises in taking large pension liabilities off corporate schemes, is not the first insurer to back the project. German group Allianz is one of the shareholders in Bazalgette Tunnel, the company created to build and run the 25km super sewer. PIC has also invested heavily in social housing, with £500m committed. Legal & General has made a series of investments in urban regeneration projects. The Newcastle scheme, where it is working with the city council and the university, follows others in Manchester, Leeds and Liverpool. The project, to be built on the former site of the Newcastle Brown Ale brewery, is intended to create 4,000 jobs, 500,000 square foot of office space and 450 new homes. Nigel Wilson, Legal & General’s chief executive, said the investment was a sign of the power of what he calls “bulldozer money” (or money earmarked for regeneration) to create jobs in the north of England. Source link

31 March 2016 | Herpreet Kaur Grewal Global real estate adviser CBRE has been appointed by real estate development firm Sinarmas Land to provide day-to-day property management services to the 240,000 sq ft Alphabeta Building in the City of London.   The building, previously known as Triton Court, has undergone renovation and refurbishment by contemporary architects Studio RHE in recent years.   It is in ‘Tech City’ at the intersection of Silicon Roundabout, Shoreditch and the City. The building sits in a hub known for creative and commercial invention.   The building has eight floors of adaptable single or multi-tenanted office space, with a combination of modern finishes and historical architecture.   It is nine storeys high, and has a central atrium that shapes the lobby and the various informal meeting places it overlooks.   The eighth floor terrace – also known as The Deck – provides panoramic views across the city, and at ground level the highest sustainability credentials are upheld with the ride-in-cycle facilities on offer.    The ‘cycle-friendly’ approach to work provides a dedicated entrance and ramp at the centerpiece of the building that allows cyclists to ride in directly.   As part of the creative and commercial invention, occupiers of the building are encouraged to use the new estate management technology provided by Locale Ltd. The cloud-based portal ensures that deliveries, maintenance, bookings, and staff schedules all communicate with each other instantly, seamlessly and efficiently.   In July 2015, CBRE’s Central London Investment Properties team advised Sinarmas Land on the purchase of the building from previous owner Resolution Property in a £280 million deal. The acquisition was Sinarmas Land’s third and largest acquisition in London.   Alison McDonald, head of central London, UK Asset Services at CBRE, said: “Following its refurbishment, the Alphabeta building has attracted huge publicity for its top-class facilities including its ‘ride-in-cycle’ design. As a result, the perception of how an office must look, feel and operate is changing.”    Source link