Creating New Horizons

Transcription

1 Creating New Horizons

2 Introduction The McAleer & Rushe Group is a privately owned award winning property development, investment and construction firm with an excess of 0 years experience. Based in Cookstown, Northern Ireland, the Company has operated throughout Ireland and the UK having undertaken projects in London, Belfast, Dublin and most regional cities. The activities of the Company are principally focused on the development, design and construction of high density city centre schemes, often as mixed use projects or as stand-alone buildings. Established in 9, the McAleer & Rushe Group now comprises approximately 0 inter-related companies which together achieve consistently strong profits on the back of annual trading activities totalling approximately m pa. Property Development m. Design & Build Construction 00m. Investment Property Income 0m. Market Focus The Company are specialists in the hotel and office sectors having completed in excess of 0,000 bedrooms for national branded operators over 0 projects and.m sqft office accommodation. City Centre apartment and suburban housing schemes are also undertaken by the Company, with in excess,000 units for the private and social housing sectors having been completed. With a strategy of investing in prime central locations, combined with the design and build construction expertise within the Group, McAleer & Rushe has a track record for developing high quality landmark buildings in keeping with the needs of today s occupiers and investors. McAleer & Rushe is currently engaging with a number of financial institutions and other property owners with a view to managing the delivery of developments within their control. The services offered by the company in this scenario include full utilisation of its design and construction expertise mixed with its considerable market knowledge. St James Gate, Newcastle-upon-Tyne Millenium Quay, Gateshead Charlotte Place, Southampton McALEER & RUSHE creating NEW HORIZONS PROPERTY DEVELOPMENT DESIGN & BUILD PROPERTY INVESTMENT

3 Recently Completed Projects McAleer & Rushe Construction Ltd has an enviable track record on the completion of major projects on time and on budget. Fundamental to its approach is working in partnership with its clients to achieve their operational requirements, whilst maximising the efficiency and commercial potential of each building. W London, Leicester Square 0,000 sqft building comprising a 9 bedroom W hotel by Starwood Hotels & Resorts Worldwide, with Spice Market Restaurant, Living Room, Lounge, Wyld Bar, Screening Room, Sweat fitness and Away Spa; W Studio spaces and suites;,000 sqft retail let to Mars Retail Group for their M&M s World concept store; W branded penthouse apartments; and London s first responsive illuminated façade artwork installation. Invest Northern Ireland Headquarters, Belfast 0,000 sq.ft offices plus 00 space basement car park. Headquarters building for Invest Northern Ireland with balance of space occupied by Public Prosecution Service and Dept. of Finance and Personnel. Invest NI space held under year PFI Agreement the first to be awarded in Northern Ireland for office accommodation. Jurys Inn & Provident Financial, Southgate Bradford,000 sqft Headquarters for Provident Financial Plc with 98 car park spaces and a 00 bedroom Jurys Inn. Crowne Plaza, Blanchardstown: 8 bedroom * hotel, 9 apartments and 0 space basement car park for Green Property / TIFCO Ltd. Waterfront Plaza, Nottingham bedroom Jurys Inn, 09 apartments,,0 A / commercial space, 8 basement car park spaces, and,000 sqft offices let to Shoosmiths Solicitors and others. Rosebowl Stadium, Hampshire County Cricket Ground, Southampton. Extension of existing stadium on behalf of Rosebowl Plc to provide,000 seats on completion. Redwoods, Dunmurry Phases & comprising 80 apartments within four separate buildings. As Design & Build Contractor, McAleer & Rushe will take responsibility for all design and construction related matters to include retention of full design team, specification of materials to include brand standard/operational requirements and securing the requisite statutory approvals to include planning permission and building control consent. M ca L EER & R U S H E c r e a t i n g N EW H ORIZO N S P R O P ERT Y D E V E L O P M ENT D E S IGN & B U I L D P R O P ERT Y IN V E S T M ENT

4 Current Projects Development activity worth c. 0m has been maintained through achieving pre-lets to good quality tenants, backed by funding partners attracted by the calibre of tenant and location on offer. In addition, the Company has been successful in securing contract work with a combined value of c. 00m, much of which is located in the Greater London area. - Baker Street. London 90,000 sq.ft office and retail building, plus no. apartments and 8 no. basement car parking spaces. Client: AUB Bank Ltd Completion estimated March 0 0 Portman Square & 99 Baker Street, London 0,000 sqft office development with ground and basement retail, forward sold to British Land Plc with McAleer & Rushe retained as design & build contractor. Completion estimated Q 0. Jurys Inn, Gateshead 0 bedroom hotel pre-let to Jurys Inns Group with full forward funding from Aviva Investors. Completion estimated Q 0 ALOFT EXCEL, London bedroom Aloft hotel (first in UK) on behalf of Adnec Group and Starwood Hotels & Resorts Worldwide, Inc. Completion estimated Q 0. Maldron, Cardiff bedroom Maldron hotel (first in UK) on behalf of Rush Projects (Julian Hodge Bank). Completion estimated May Blackfriars Road, London 9 bedroom hotel pre-let to Accor Hotels & Leisure for their Novotel and IBIS brands, with full forward funding from Commerz Real AG. Completion estimated Q 0. Premier Inn, Gatwick Airport 0 bedrooms on behalf of Grove Developments Ltd (Arora Hotel Group). Estimated completion Q 0. Also, 00 bedroom Premier Inn Heathrow and 00 bedroom Premier Inn Stansted for the same client, with completions estimated Q 0 & Q 0 respectively. M ca L EER & R U S H E c r e a t i n g N EW H ORIZO N S P R O P ERT Y D E V E L O P M ENT D E S IGN & B U I L D P R O P ERT Y IN V E S T M ENT

5 Future Projects McAleer & Rushe has a significant land holding of strategically located sites throughout the UK and Ireland on which planning permission has been obtained to construct in excess m sqft offices, 0 hotels and,0 residential units. The firm is actively working to secure occupiers and funding partners to help deliver this development programme which, on completion, should have a value c..bn. City Square House, Leeds Planning permission obtained for,00 sq ft offices and basement car park spaces. St Pauls, Bournemouth 0 bedroom hotel, two office buildings comprising,000 sq ft and,000sq ft respectively, and space mscp. Newgate Centre, Newcastle Upon Tyne Scheme comprises of hotels,,000 sq ft offices, 0,000 sq ft retail and,000 sq ft basement leisure or retail. College Court, Belfast Planning permission obtained for 0,000 sq ft offices, 0 bed hotel and car parking spaces. City View, Brighton 0,000 sq ft office building with car park spaces. Millennium Quay Gateshead Planning permission obtained for,000 sq ft offices and 88 car park spaces M ca L EER & R U S H E c r e a t i n g N EW H ORIZO N S P R O P ERT Y D E V E L O P M ENT Lancefield Quay, Glasgow Scheme comprises hotels (0 bed and 00 bed), 00,000 HQ office building, 8 apartments,,000 sq ft own door business units, car spaces and 8,0 sq ft commercial units. 8 Stanhope Road, Portsmouth Phase : Conversion of former Zurich Building to provide a 0 bedroom hotel (Pre-Let To Jurys Inn Group) and 9 serviced apartments pre-let to StayCity. Phase :,000sq ft offices, bedroom hotel, apartments and 8,000sq ft A/commercial space Phase : 0 apartments in landmark building. 9 Bedford Square, Belfast Planning permission for storey,000 sq ft office building Ireland s tallest office building and conversion of existing listed building into 0 bedroom boutique hotel. 0 Corporation Street, Ringway, Preston Planning permission obtained for 0,000 sq ft offices in two landmark buildings comprising (0,000 sq ft and 8,000 sq ft respectively, 0 bedroom hotel and 0 basement car park spaces. D E S IGN & B U I L D P R O P ERT Y IN V E S T M ENT

6 Property Investment Community McAleer & Rushe retains many of its completed commercial developments within its investment portfolio, whilst also pursuing an active programme of acquiring income producing properties with opportunity for enhancement. In total, the company manages a portfolio worth in the region of 0m with a current income of circa 0m. In total the investment portfolio extends to.m sqft spread over buildings, with the following properties representing a sample from the portfolio. After 0 years of successfully campaigning for Marie Curie through their Annual Charity Golf event, McAleer & Rushe were recently honoured when Seamus McAleer & Emelda O Neill received an invitation to attend a reception in Clarence house with HRH Prince Charles, Patron of Marie Curie to show his appreciation to those significant supporters of Marie Curie. Over the past 0 years, McAleer & Rushe s annual Corporate Golf day has raised in excess of 0,000.00, which was due in no small manner to the generosity and support of customers and clients who have attended and contributed to the golf day. Marie Curie greatly appreciate these monies, being one of the largest supporters within Northern Ireland. Health & Safety Quality Assurance Holiday Inn, Belfast 0 bedroom * hotel,,000 sqft Spirit Health Club, business academy and conference facilities, operated by Intercontinental Hotel Group under a 0 year management agreement with base guaranteed income, plus profit share overage. Great Northern Tower, Great Victoria Street, Belfast 08,000 sq ft Headquarters Office Building let to DHSS Northern Ireland in it s entirety. Meadowlane, Magherafelt 0,000 sq ft Shopping Centre anchored by Dunne s Stores 80 Space MSCP St James Gate, Newcastle Upon Tyne 8,000sq ft plus space basement Car Park Let to Big Lottery Fund, The Listening Company, UBS Bank and White Young Green. Jurys Inn Brighton bedroom * plus hotel let to Jurys Inns Group on a FRI lease with yearly upward only indexed linked rent reviews. At McAleer and Rushe, we believe that no job is so important that we cannot take the time to do it safely. Our Health and Safety Management System, Think SM&RT (Think McAleer & Rushe Today,) underpins this company ethos and is the backbone for site activities managed on our sites. The Think SM&RT System is OHSAS 800 and Safe T Cert accredited. The company are also members of the British Safety Council, Northern Irish Safety Group and RoSPA. A dedicated team of 8 staff manage health, safety, environmental and quality issues on site and within the company on a daily basis. McAleer and Rushe have an Integrated Management System incorporating the OHSAS 900, 00 and 800 suite of QA systems. We are committed to continuous improvement and regularly review our systems in order to maintain best practice. McALEER & RUSHE creating NEW HORIZONS PROPERTY DEVELOPMENT DESIGN & BUILD PROPERTY INVESTMENT

7 Head Office -9 Dungannon Road Cookstown, Northern Ireland BT80 8TL T: 08 8 F: 08 8 E: info@mcaleer-rushe.co.uk Belfast Office Murray House, Murray Street, Belfast, Co Antrim, BT DN T: F: E: info@mcaleer-rushe.co.uk London Office th Floor, Barrett Street, St. Christopher s Place, London, WU AY T: E: info@mcaleer-rushe.co.uk