Olympic letting pays off at student digs

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Hats off to Chancergate Asset Management and Bridges Ventures Sustainable Property Fund for securing a £1m-plus Olympic letting for their new student development The Curve.

The pair have struck a £1.2m deal with the London Organising Committee of the Olympic and Paralympic Games to let the 350-bed scheme to the Olympic Broadcasting Services.

The OBS is occupying the newly completed £65m development in Whitechapel, E1, between 30 June and 19 August - before the first students arrive in September.

The Olympic Broadcasting Services was set up by the International Olympic Committee in 2001 to serve as host broadcaster at all future Games.

At London 2012, the OBS will provide images to all organisations that have purchased Olympic broadcasting rights.

The short term rental deal represents more than a quarter of the £4.5m Chancerygate and Bridges Ventures expect to collect when The Curve is fully let to students.

The Curve is located in Fieldgate Street, next to the famous Whitechapel Bell Foundry where Big Ben and America's Liberty Bell were made.

It includes 350 student rooms, nine private residential apartments and a 13,000‐sq ft Tesco Metro supermarket.

Here are a few images of 143,000 sq ft development:

Inside Curve outside.jpg

Inside Curve.jpgInside the Curve.jpg

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This page contains a single entry by Nick Whitten published on July 6, 2012 12:20 PM.

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