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Berkeley First: The leading developer delivering bespoke student accommodation to London and the South East.

WestBerkshire Berkshire

Buckinghamshire

Bedfordshire

Hertfordshire

Essex

East Sussex

West Sussex

Gloucestershire

Worcestershire

Wiltshire

Surrey Kent

Oxfordshire

Hampshire

Cambridge

Birmingham

Worcester

Gosport

Southampton

Bournemouth Portsmouth

Eastbourne

Canterbury

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Imperial College London566 study bedrooms

University of the Arts London 730 study bedrooms

Student Castle 617 study bedrooms

London School of Economics 446 study bedrooms

Kings College London 780 study bedrooms

University of West London 841 study bedrooms

London South Bank University295 study bedrooms

School of Oriental & African Studies 259 study bedrooms

Roehampton University190 study bedrooms

University of Kent1094 study bedrooms

Worcester College, Oxford50 study bedrooms

Oxford University91 study bedrooms

Bournemouth University499 study bedrooms

Winchester School of Art386 study bedrooms

Southampton Institute and University of Southampton1455 study bedrooms

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BERKELEY FIRST: DEVELOPING BESPOKE STUDENT accOmmODaTION IN LONDON aND ThE SOUTh EaST

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INTRODUcTION

Having worked alongside some of the UK’s leading and admired universities, Berkeley First can offer the perfect scheme tailored to our partners needs.

Berkeley First develops both world-class student accommodation and new homes, and since 1993 has brought over 7,000 new homes to the market with a further 2,000 under construction in London and the South East.

Each development delivers everything students need to enjoy modern living; inspired architecture, stylish specifications and intelligently planned spaces at attainable prices. Locations are chosen to offer easy access to public transport and places of study work and leisure. Developments transform brownfield sites into sustainable projects that serve and enhance the universities’ accommodation offering. In conjunction with accommodation our developments incorporate space for additional amenities such as shops, cafés, gyms and landscaped public areas to create a sense of community and enhance the student experience.

These dynamic developments have been recognised by leading consumer awards from the Evening Standard, Mail on Sunday and What House? At Berkeley First we have the financial stability of a FTSE 250 parent company which allows us to deliver on our word to a high standard at an attainable price for our university partners and their students. We have a proven track record specifically in London and the South East and are fully experienced in delivering small to large sized bespoke schemes designed to meet our clients’ expectations.

matthew Biddle Managing Director

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“ Berkeley First work alongside our university partners so each development delivers everything students need to enjoy modern living; inspired architecture, stylish specifications and intelligently planned spaces at attainable prices.”

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An opportunity for the perfect partnership

6-7 16-17

8-11 18-45

12-15 46-47

Partnership agreements

A scheme tailored to your needs

University partnerships - proof of delivery• Griffon Studios 18-25• The Costume Store 26-33• Liberty Quays, 34-43 Victory Pier • Goodman’s Fields 44-45

Sustainability and Awards

The BerkeleyGroup

Contents

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ConTenTS

“ Berkeley First pride ourselves on delivering exceptionally high quality and constantly raising the bar to ensure our clients are happy from acquisition to completion.”

Great Dover Street Apartments, 780 units alongside King’s College London6

Unlike many other student developers, Berkeley First create developments in partnership with our clients to ensure a bespoke scheme is designed, which meets the specific needs and aspirations of their students.

As the specialist student arm of residential developer, the Berkeley Group, Berkeley First currently have 2,000 beds in construction due for delivery in 2012 and 2013 alongside Imperial College London, The University of the Arts London and The University of Kent. In addition to this, Berkeley First have successfully delivered in excess of 7,000 new homes in London and the South East, alongside some of the UK’s leading and admired universities including The London School of Economics, Kings College London and University College London to name a few.

One of Berkeley First’s key strengths is the ability to be flexible in all elements of the development process. We offer our partners a range of agreement options and financial structures whilst tailoring the scheme design and specification to their exact requirements.

As a member of the Berkeley Group, we are in an enviable position of being able to develop our schemes without the requirement for any third party funding. This enables us to move quickly once a development solution has been agreed. In addition to this, as a Group we have excellent relationships with external stakeholders including local authorities, landowners and specialist subcontractors ensuring the process is quick, cost effective and our homes are of extremely high quality.

An oPPoRTUnITY FoR THe PeRFeCT PARTneRSHIP

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An oPPoRTUnITY FoR THe PeRFeCT PARTneRSHIP

“ Working alongside some of the UK’s leading and admired universities, Berkeley First can offer the perfect scheme tailored to your needs.”

Paragon, 841 units alongside Thames Valley University8

Berkeley First build quality schemes that set the benchmark for the sector which is something we are extremely proud of.

A SCHEME TAILORED TO YOUR NEEDS

Needs of Students Proximity to campus/es Proximity to local amenities Internal social space Internal specification Weekly rent and value for money (package) Quality Sustainability The university experience – a place to live, study, work and play

Interests of the University Agreement Structure Weekly rents – offering students value for money Building Design – flagship/iconic/innovative buildings Suitability for students Internal specification Sustainability The university experience – offering students a place to live, study, work and play

Berkeley Expertise Over 15 years of experience delivering student accommodation Innovative space design solutions Financial Security – delivering high quality as part of the leading housebuilder in the UK Exacting standards in terms of design and build Land acquisition and planning World class architecture Consultation Construction Management Sustainability – Queens Award 2008 - 2013

Throughout every project, Berkeley First’s years of experience in developing bespoke high quality accommodation are combined with the expertise of our partners and the needs of their students to ensure a market leading student scheme is created.

World-class student accommodation

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Griffon Studios 566 beds alongside Imperial College London

“ Prior to sourcing a land opportunity, we work with our university partners to understand both their requirements as a business and the requirements of their students.”

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Berkeley First specialise in orchestrating the needs and interests of all our stakeholders to ensure we create and deliver the best places for students to live and study in London, making market leading accommodation a reality for many institutions.

Prior to sourcing a land opportunity, we work with our university partners to understand both their requirements as a business and the requirements of their students. We work hard to understand the most desirable locations and sizes along with building design and internal specification aspirations ensuring our schemes are tailored appropriately to create the optimum development solution.

The Berkeley way is one of continuous review, improvement and control, and one that we use to deliver all of our projects. We have developed this over two decades of specialising in student accommodation, this ensures that we build quality schemes that set the benchmark for the sector.


In an increasingly competitive market, we understand how important it is for a University to differentiate its offering from the competition not only in the UK but worldwide. Berkeley First offer high quality, bespoke, affordable accommodation which can be an excellent way of increasing our University partners’ competitive advantage.

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Paragon, 841 units alongside Thames Valley University12

SUSTAINABILITY

Berkeley already leads the field in sustainable development having been named the UK’s top sustainable house builder for the third year running and received the Queens Award for sustainability in 2008, an award that lasts 5 years.

Our visionfor your future

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SUSTAINABILITY & AwArdS

An exceptional customer experience � �Ensure�that�all�commercial�space�achieves�BREEAM�Very�Good � �Provide�purchaser�fit-out�guidelines�to�commercial�customers,�enabling�them�to�optimise�the�environmental�performance�of�the�premises�they�purchase � �Launch�‘Pledge�for�a�better�tomorrow’�-�a�partnership�between�Berkeley�and��our�customers�to�make�it�easier�for�purchasers�and�residents�to�live�a��more�sustainable�lifestyle

Greener, more economical homes �Ensuring�that�75%�of�our�buildings�are�supplied�with�energy�from�renewable��or�low�carbon�technologies

�Installing�rainwater�harvesting�on�all�high�density�schemes

�Installing�living�roofs�on�all�high�density�schemes

�Provide�composting�facilities�on�all�developments

Creating sustainable communities Achieving�the�Building�for�Life�Silver�standard�as�a�minimum�on�all�of�our�developments Apply�Berkeley’s�Community�Engagement�strategy�on�all�new�planning�applications Design�and�build�new�developments�that�can�be�shown�to�enhance�the�well-being��of�residents� Register�all�developments�with�the�Considerate�Constructors�Scheme�and�achieve�a�minimum�of�34�points�in�all��site�audits

A commitment to the future Reuse�or�recycle�over�80%�of�construction,�demolition�and�excavation�waste Carry�out�audits�of�at�least�25%�of�our�suppliers�to�ensure�compliance�with��our�Sustainable�Procurement�Policy Measure�carbon�emissions�associated�with�commercial�transport�movements�to�and�from�sites Set�up�a�material�exchange�programme�to�facilitate�the�sharing�of�excess�materials�between�construction�sites�and�reduce�the�volume�of�waste�sent�to�landfill

Berkeley�are�raising�the�standards�higher�still�with�our�vision�2020�initiative,�an�ambitious��10�year�strategy�aiming�to�make�Berkeley�one�of�the�most�successful�and�sustainable�businesses�in�Britain.�When�working�with�Berkeley�First,�our�university�partners�share��in�this�commitment�to�a�more�eco�friendly�way�of�life�that�has�benefits�for�them,�their��students�and�for�the�whole�community.

BErKELEY AwArdS

With�a�strong�commitment�to�greener�living,�quality�build�and�safe�and�considerate�construction,�Berkeley�First�are�proud�holders�of�major�awards�from�NHBC,�the�Considerate�Constructors�Scheme�and�the�Royal�Society�for�the�Prevention�of�Accidents.

Berkeley’s dynamic developments are recognised by leading consumer awards from the Evening Standard, Mail on Sunday and what House?

NextGeneration�Benchmark�2009:��First�Place�(Berkeley�Group)

The�BURA�Awards�for�Best�Practice�in�Regeneration�2008:�Winner,��

Royal�Arsenal�(Berkeley)

Britain’s�Most�Admired�Companies��2011:�First�Place�Overall�

2009:�First�Place�in�the�Construction��(Home)�Sector

ROSPA�Occupational�Health��&�Safety�Awards�2010:�

Berkeley�Group,�winner�of�12�Gold�Awards�

Building�Awards�2010:�Winner,��Housebuilder�of�the�Year�

(Berkeley�Group)

Housebuilder�Awards�2010:�Winner,��Sustainable�Housebuilder�of�the�Year�

(Berkeley�Group)

In�April�2008,�the�Berkeley�Group�was�awarded�the�UK’s�prestigious�Queen’s�Award�for�Enterprise:�Sustainable�Development.��This�award�recognises�

companies�which�have�made�outstanding�advances�in�performance�or�have�a�high�level�of�continuous�

achievement�in�sustainable�development.��We�were�praised�for�our�strong�leadership,�promoting�best�

practice�in�the�sector�and�embedding�sustainability�throughout�the�entire�business�operations.��

In�addition,�for�the�second�year�running,�Berkeley�ranked�first�in�the�NextGeneration�benchmark,��a�benchmark�of�the�Top�20�UK�home�builders�

overseen�by�a�high-profile�Executive�Committee.��

What�House?�Awards�2010:��Gold,�Best�Large�Housebuilder��

(Berkeley�Group),�Sustainable�developer�of�the�year�(Berkeley�Group)

What�House?�Awards�2011:��Bronze,�Best�Starter�Home��

Victory�Pier�(Berkeley)

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SUSTAINABILITY & AwArdS

“�Berkeley�First�is�committed�to�providing�a�flexible�approach�to�our�partners�and�can�offer�a�number�of�different�options��dependent�on�your�requirements.”

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Nominations AgreementIn this arrangement, the university will enter into a Nominations Agreement to underwrite the rents on the following terms: 20 + years A weekly rent and tenancy length to be agreed upon depending on site opportunity

Operator to be agreed upon between Berkeley First and the University

No capital investment required from the university

Once the Nominations Agreement has been signed, Berkeley First will acquire the agreed site and secure planning consent. Following this they will undertake and fully fund the development of the consented scheme whilst working with the university to design a building suited to their needs. During this time, Berkeley First will market the completed accommodation investment to appropriate third parties. The completed building will be handed over to the university and the chosen investor for occupation at the start of the agreed academic year.

Lease AgreementIn this arrangement, the university will enter into an agreement on similar terms as the Nominations Agreement, however they will retain the management and operation of the building themselves. This will be reflected in a lower net rent. 20 + years A weekly rent and tenancy length to be agreed upon depending on site opportunity University to operate the accommodation No capital investment required from the University so it is consistent with the points listed under Nominations Agreement

Once the Agreement for Lease has been signed, Berkeley First will acquire the agreed site and secure planning consent. Following this they will undertake and fully fund the development of the consented scheme whilst working with the university to design a building suited to their needs. During this time, Berkeley First will market the completed accommodation investment to appropriate third parties. The completed building will be handed over to the university and the chosen investor for occupation at the start of the agreed academic year.

Turnkey SaleIn this arrangement, a purchase price will be agreed between Berkeley First and the university prior to development. Berkeley First will acquire the agreed site and secure planning consent. Following this Berkeley will undertake and fully fund the development of the consented scheme whilst working with the university to design a building suited to their needs. The building will be handed over on the completion date agreed.

Joint VentureIn this arrangement, under a shared investment, Berkeley First will be responsible for providing the site (this can also be provided by the University if appropriate), securing planning, providing the development expertise and developing the building. The university will be responsible for underwriting the rent of the completed development. Both parties will be responsible for working together to secure bank financing reducing the equity requirements from both parties and both would benefit from a share in any upside received. Berkeley First pride themselves on offering a flexible approach to our university partners and are open to exploring alternative opportunities with you.

PARTNERSHIP ARRANGEMENTS

Berkeley First is committed to providing a flexible approach to the partnerships we develop and can offer a number of different options dependent on your requirements.

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PARTNERSHIP AGREEMENTS

Griffon Studios18

Griffon Studios Battersea “�At�Imperial�College�London,�we�are�committed�to�providing�our�students�with�world�class�courses�and�facilities;�this�importantly�includes�our�accommodation�which�is�an�extremely�important�factor�in�the�student�experience.�We�have�combined�our�experience�with�that�of�Berkeley�First�to�deliver�what�we�believe�to�be�world�class�accommodation�for�students.�The�Joint�Venture�illustrates�a�fantastic�opportunity�to�satisfy�our�accommodation�need�further�increasing�our�competitive�advantage�whilst�acting�as�a�great�investment�for��the�future.”�John�Anderson,�Chief Executive Imperial College Fund

Scheme Details University Partner:�Imperial�College�London Operator:�UPP Forward sold to:�Legal�and�General�Property Beds: 566 Cluster:�0 Studio: 566 Additional Facilities: � �Residents’�gym,�wi-fi�enabled�student�lounge�with�3D�plasma�

screen�TVs�and�refreshment�dispensing�area,�open�plan�lobby�and�reception,�high�quality�landscaped�gardens�and�courtyard,�laundry,�secure�bike�storage�and�24-hour�on-site�management.

Date Land Acquired:�March�2009 Date Planning Consent Received: September�2009 Date Construction Commenced: October�2009 Completion Date: � �Phase�1�September�2011��

Phase�2�September�2012 Occupation Date: October�2011 Acquisition to Occupation:�2�years�6�months Sustainability and Environmental score:�98%� BREEAM: Very�Good Considerate Constructors Scheme score: � 37.5�(out�of�40)�this�places�the�project�within�the�top�2%�� of�registered�projects�in�the�UK

Griffon�Studios

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UnivERSity PARtnERShiPS – PROOF OF DELivERy

Reception�at�Griffon�Studios20

Berkeley�First�and�Imperial�College�London�partnered�to�source,�acquire�and�develop�a�suitable�property�which�would�enable�them�to�launch�Imperial’s�new�‘Gradpad’�brand�focusing�on�delivering�high�quality,�well�located�accommodation�for�their�postgraduate�students.�Berkeley�First�worked�closely�with�Imperial�College�London�to�ensure�every�aspect�of�the�development�was�suited�to�the�University�and�its�students’�needs.

Berkeley�First�sourced�the�site�just�a�few�minutes�walk�from�Clapham�Junction�train�station�giving�Imperial�College’s�students�direct�access�to�the�University�campuses�and�faculties�across�London,�whilst�benefitting�from�excellent�shops,�bars�and�restaurants�within�Battersea�and�the�immediate�vicinity.�The�striking�building�has�been�designed�to�a�very�high��specification�featuring:�•� High-gloss�furniture•� Double�beds•� Stone�kitchen�worktops•� SMEG�appliances•� Fully�tiled�en-suite�shower�rooms•� 30MB�broadband�

As�a�result�of�its�four�point�entry�system�and�24�hour�CCTV�and�concierge�service,�Griffon�Studios�recently�received�Secured�by�Design�recognition.�Sustainability�was�a�key�focus�throughout�construction�featuring:�•� Environmentally�friendly�Green�Roofs•� Bathroom�Pods•� Offsite�manufacture�of�kitchens•� �Passive�lightweight�envelope�providing�a�highly�insulated��

building�with�projected�resultant�savings�in�energy�costs.�The�Joint�Venture�was�recently�sold�to�Legal�and�General�Property�with�a�45�year�annual�RPI�Lease�to�Imperial�College�London,�the�freehold�will�revert�back�to�Imperial�College�London�after�this�time,�which�meets�their�objectives�in�terms�of�benefitting�from�the�investment�value�of�their�covenant�and�adds�to�their�investment�portfolio.

Griffon Studios Battersea

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Gym�at�Griffon�Studios22

Student�Lounge�at�Griffon�Studios


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Typical�studio�apartment�at�Griffon�Studios24

Typical�en-suite�bathroom�at�Griffon�Studios


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Computer�generated�image�of�The�Costume�Store26

Scheme Details University Partner:�University�of�the�Arts�London Operator and owner:�Knightsbridge�Student�Housing�Ltd� Beds:�730 Cluster:�658 Studio:�72� Additional Facilities: � �Open�plan�reception�and�art�gallery,�wi-fi�lounge��

with�plasma�screen�TVs�and�refreshment�dispensing�area,��high�quality�landscaped�courtyard,�games�area,�laundry,��art�workshop

Date Land Acquired:�July�2009 Date Planning Consent Received:�April�2010� Date Construction Commenced:�May�2010 target Completion Date: August�2012 Occupation Date:�September�2012 Acquisition to Occupation:�3�years�2�months Sustainability and Environmental score: 98% BREEAM:�Very�Good Considerate Constructors Scheme score:�36.5�out�of�40�

the Costume Store north Acton “�Berkeley�First�is�delivering�a�landmark�development�for�University�of�the�Arts�London,�providing�accommodation�for�730�of�our�students.�Having�acquired�the�site,�Berkeley�First�secured�detailed�planning�consent�within�six�months�and�have�commenced�construction�and�are�on�track�for�delivery�in�September�2012.��Throughout�our�involvement�with�Berkeley�First�we�have�been�impressed�with�their�understanding�of�our�requirements�and�their�ability�to�deliver.”�Hamish�Clifton,�Managing Director, London Artscom Ltd. and Commercial Director University of the Arts London

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Computer�generated�image�of�the�student�lounge�at�The�Costume�Store28

Berkeley�First�and�University�of�the�Arts�London�partnered�through�a�25�year�Nominations�Agreement�prior�to�the�acquisition�of�the�site�at�the�former�BBC�Costume�Store.�Berkeley�First�sourced�the�site�a�few�minutes�walk�from�North�Acton�giving�University�of�the�Arts�students’�direct�access�to�the�Shepherd’s�Bush�campus�just�three�stops�away�on�the�Central�line�whilst�benefitting�from�excellent�connections�to�the�rest�of�London�and�the�newly�opened�Westfield�Shopping�Centre�with�its�bars,�shops�and�restaurants.�Tailored�specifically�to�the�needs�of�the�University�of�the�Arts,�London�College�of�Fashion�students,�the�development�will�feature:�•� High�gloss�furniture•� Public�Art�Gallery•� Art�Workshop•� Retro�design�student�lounge•� Multi�Use�Games�Area•� 30MB�broadband•� Sensory�Garden•� Retail�units�

Sustainability�has�been�a�key�focus�throughout�construction�featuring:�•� Photovoltaic�Solar�Panels•� Bathroom�Pods

The�development�was�sold�to�Knightsbridge�Student�Housing�Ltd��in�2010�who�will�also�be�operating�the�building�on�behalf��of�University�of�the�Arts�London�under�The�Student�Housing��Company�brand.

the Costume Store north Acton

Computer�generated�image�of�the�snug�at�the�Costume�Store

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Typical�en-suite�study�apartment�at�The�Costume�Store30

Typical�en-suite�bathroom�at�The�Costume�Store


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Typical�kitchen�and�dining�area�at�The�Costume�Store32

Typical�kitchen,�lounge�and�dining�area�at�The�Costume�Store


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Liberty�Quays�Phase�I,�Victory�Pier34

Scheme Details University Partner:�University�of�Kent Owner and Operator:�Liberty�Living Phase i Beds:�604�(including�59�Studio�apartments) Cluster:�545�(including�55�Studio�apartments) Studio: 59�including�6�accessible�studios Additional Facilities:

� �Phase�I:�Student�lounge,�laundry,�management�suite�and�offices,��show�apartment,�cycle�store,�large�landscaped�courtyard�and��8�parking�spaces

� Phase�II:�Student�Lounge,�laundry,�cycle�store,�three�landscaped�� courtyards�and�4�parking�spaces

� The�scheme�also�includes�over�1,000sqm�of�commercial�space�� currently�occupied�by�Tesco�Express,�Subway�and�Dominos�Pizza Date Land Acquired:�April�2007 Date Planning Consent Received:��

� Phase�I�August�2007,�Phase�II�June�2011 Date Construction Commenced:

� Phase�I�January�2008,�Phase�II�June�2011 Completion Date:��

� Phase�I�September�2009,�Phase�II�August�2013 Occupation Date:�September�2009

� Phase�I�September�2009,�Phase�II�September�2013 Sustainability and environmental score: 96.6%� Acquisition to Occupation:�2�years�4�months BREEAM:�Very�Good Considerate Constructors Scheme score: 37��

Liberty Quays victory Pier, Gillingham “�To�ensure�that�we�continue�attracting�students�to�Medway,�the�University�believes�it�is�essential�we�provide�the�high�class�accommodation�students�require.�The�area�is�significantly�lacking�in�purpose�built�accommodation�with�most�students�having�to�live�in�local�privately�rented�terraced�houses.�This�demand�is�illustrated�by�the�success�of�the�first�phase�of�student�accommodation�at�Liberty�Quays,�which�is�fully�occupied�and�has�a�significant�waiting�list.�Berkeley�First�has�extensive�experience�of�building�high�quality�student�accommodation,�with�a�proven�ability�to�deliver�within�required�timescales.�Having�worked�with�Berkeley�First�and�Liberty�Living�on�phase�one�of�the�Liberty�Quays�development,�the�university�is�confident�they�have�an�excellent�understanding�of�our�requirements�and�will�deliver�the�development�to�our�required�specification.�The�delivery�of�this�scheme�is�vital�to�ensure�the�continued�growth�of�the�Medway�campus�and�thereby�positively�influence�the�prosperity�of�the�whole�area.”�Denise�Everitt,�Deputy Vice Chancellor, The University of Kent

Bike�Club�at�Liberty�QuaysCommercial�unit�at�Liberty�Quays

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Liberty�Quays�Phase�I,�Victory�Pier36

Liberty Quays victory Pier, Gillingham

Berkeley�First�and�University�of�Kent�partnered�through�a�Nominations�Agreement�at�Liberty�Quays�which�is�part�of�a�wider�20�acre�mixed�use�scheme.�

Located�just�5�minutes�from�the�Universities�at�Medway�campus�which�is�a�partnership�between�University�of�Kent,�University�of�Greenwich�and�Canterbury�Christ�Church�University,�the�development�provides�high�quality�accommodation�in�a�convenient�location�for�students.�The�second�phase�of�accommodation�at�Liberty�Quays�is�in�development�as�a�direct�result�of�the�success�of�phase�I�delivered�in�2009.�Since�its�launch,�the�accommodation�has�a�consistently�high�occupancy�rate�with�a�significant�waiting�list.�

In�a�recent�survey�amongst�University�of�Kent�students,�those�at�Medway�were�overwhelmingly�satisfied�with�the�facilities�offered.�Categories�scoring�100%�were�condition�of�accommodation�on�arrival,�the�quality�of�the�accommodation�and�the�eco-friendliness�of�the�accommodation.

Sustainability�and�environmental�benefits�have�been�a�key�focus�throughout�construction�featuring:�•� Bathroom�Pods•� Photovoltaic�solar�panels•� Green�travel�plan•� Bat�bricks•� Bird�boxes

Both�phases�of�accommodation�at�Liberty�Quays�have�been�forward�sold�to�the�Brandeaux�Student�Accommodation�Fund,�which�operates�under�the�Liberty�Living�brand.�Liberty�Living�will�also�be�operating�the�accommodation�on�behalf�of�University�of�Kent.

Computer�generated�image�of�Liberty�Quays�phase�II,�Victory�Pier

37


Computer�generated�image�of�the�Marina�at�Victory�Pier38

The�two�phases�of�student�accommodation�at�Victory�Pier�alongside�University�of�Kent�are�part�of�a�larger�20�acre�mixed�use�residential�development�by�Berkeley�First.�The�riverside�development�will�contain�a�further�808�homes,�120�bed�hotel,�cafes,�bars,�restaurants,�offices�and�shops.�The�University�of�Kent�agreed�a�20-year�Nominations�Agreement�on�the�student�element�of�the�mixed-use�scheme�as��it�was�a�perfect�match�for�their�students�given�its�close�proximity��to�campus.�This�scheme�enabled�the�University�to�ensure�that��a�full�package�of�education�and�accommodation�was�available��to�their�students.

The�development�has�significantly�regenerated�the�local�area�with��a�refurbishment�of�Gillingham�Pier,�the�safeguarding�of�the�site�from�flooding�by�renewing�the�river�wall�defences�and�building�up�the�site�levels,�along�with�the�creation�of�a�river�walk�and�large�open�spaces�for�the�general�public.��

Private Residential victory Pier, Gillingham “�The�team�at�Berkeley�First�are�extremely�proactive�and�passionate�about�quality�and�creating�a�‘sense�of�place’,�and�above�all�they�deliver�on�their�promises”�Robin�Cooper,�Director of Regeneration Community and Culture, Medway Council

39


Computer�generated�image�of�the�piazza�at�Victory�Pier40

Gym�at�Victory�Pier 41


Typical�apartment�lounge�at�Victory�Pier42

WiFi�lounge�at�Victory�Pier


43

Computer�generated�image�of�student�accommodation�at�Goodman’s�Fields44

Goodman’s Fields, Leman Street, London E1 “�The�quality�and�positioning�of�Berkeley�First’s�Goodman’s�Fields�scheme�directly�complements�our�corporate�ethos�and�intention�to�change�the�perception�of�traditional�private�student�accommodation�through�the�provision�of�premium�living�environments.�The�purchase�of�this�617-bed�scheme�gives�us�targeted�exposure�to�the�London�market,�directly�in�line�with�our�development�objectives,�and�delivers�further�strength�and�depth�to�our�portfolio.�We�are�excited�about�combining�our�own�expertise�as�one�of�the�UK’s�leading�student�accommodation�providers�with�Berkeley�First’s�strong�track�record�to�introduce�this�flagship�City�scheme.”�Edward�Cade,�CEO Student Castle

Berkeley�First�acquired�the�student�element�of�the�site�at�Goodman’s�Fields�in�December�2010.�The�student�accommodation�development�at�Goodman’s�Fields�forms�part�of�a�wider�mixed�use�regeneration�scheme�by�the�Berkeley�Group�which�will�include�754�residential�units,�a�337�bed�hotel�and�11,000�sqft�of�mixed�retail�space�of�which�all�students�within�the�Berkeley�First�development�will�benefit�from.�Berkeley�First�forward�sold�the�617�study�bedroom�scheme�to�Student�Castle�making�it�their�first�flagship�London�scheme.�The�building�has�been�designed�to�meet�the�needs�of�the�Higher�Education�Market�in�London�to�ensure�Student�Castle’s�direct�let�model�amongst�all�Institutions�across�the�capital�is�successful.

The�striking�10-storey�student�accommodation�building�offers�a�variety�of�apartment�types�and�sizes,�including�cluster�flats,�en-suite�bedrooms�and�studio�apartments.��It�has�been�designed�with�exceptional�quality�in�mind�and�will�feature:

•� High-gloss�furniture•� Larger�rooms�and�beds•� Stone�kitchen�worktops•� Flat�screen�TVs•� Fully�tiled�en-suite�shower�rooms•� High�speed�wireless�internet�The�development�also�features�a�high�level�of�security�with�swipe�card�entry�and�CCTV.�Whilst�our�minimum�standard�is�BREEAM�Very�Good,�we�have�exceeded�this�and�committed�to�delivering�BREEAM�Excellent�on�this�scheme�which�will�feature:�•� Environmentally�friendly�Green�Roofs•� Bathroom�Pods•� Offsite�manufacture�of�kitchens•� Renewable�Energy•� Rainwater�Harvesting

Scheme Details University Partner:�Direct�Let Operator and owner:�Student�Castle� Beds:�617 Cluster:�390 Studio:�227� Additional Facilities: � �Open�plan�lobby,�reception�and�lounge,�residents�gym,�

laundry,�cycle�store,�secured�landscaped�courtyard�area�and�a�management�suite�including�meeting�rooms,�breakout�areas,�kitchen,�WC�and�showers�for�staff

Date Land Acquired:�December�2010 Date Planning Consent Received:�June�2011� Date Construction Commenced:�October�2011 target Completion Date: August�2013 Occupation Date:�September�2013 Acquisition to Occupation:�2�years�9�months Sustainability and Environmental score: 96.6% BREEAM:�Excellent Considerate Constructors Scheme score:�36.5�out�of�40�

Computer�generated�image�of�the�lobby�at�Goodman’s�Fields�

45


The�Berkeley�Group�is�a�residential-led�property�developer��with�a�passion�for�creating�successful,�sustainable�places.

This�process�begins�with�acquiring�land�in�the�right�locations.�We�then�develop�schemes�renowned�for�their�design,�public�realm,�transport,��open�space�and�access�to�employment�and�amenities�–�all�the�things��that�people�look�for�in�a�place�to�live.

We�operate�in�London�and�the�South�East�at�a�natural�size,�respecting�the�cyclical�nature�of�property�development�and�are�currently�developing�more�new�homes�than�anyone�in�our�Capital,�one�of�the�world’s�greatest�cities.�

Over�the�last�two�years,�our�financial�strength�has�enabled�Berkeley�to�acquire�some�outstanding�sites�–�making�the�most�of�‘once�in�a�cycle’�opportunities.�In�addition�the�level�of�construction�has�increased�across�our�portfolio,�delivering�a�diverse�range�of�product�for�our�customers,�all�to�the�same�exacting�standards�of�quality�and�workmanship.�

Berkeley�has�the�vision,�expertise�and�commitment�to�transform��these�sites�into�thriving,�successful�places.�

the Berkeley Group: Who we are and what we do

47

Rosie NesbittInvestment�[email protected]�584�55507825�823�818

Berkeley�First�Ltd�Berkeley�House�19�Portsmouth�Road�Cobham�Surrey�KT11�1JG

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