A focus on assets under development: WORFU in North Point, Hong Kong
Worfu is a 210,000 sq ft shopping mall, split across three floors, with a 732 ft frontage on Wharf Road, making it one of the largest malls in North Point North Point is a highly coveted district in midtown Hong Kong, renowned for its diversity and excellent connections
The mall was acquired in 2018 by Chelsfield Asia Fund 1 in a joint venture with Pamfleet Schroders – Since acquisition, large scale refurbishment works have been underway including modernising the façade, improving the building circulation, optimising layouts and reconfiguring the shops to give tenants better flexibility.
A focus on The Knightsbridge Estate in London
The Knightsbridge Estate is a 3.5-acre mixed-use island site between department stores Harrods and Harvey Nichols in the heart of Knightsbridge, one of London’s most affluent neighbourhoods.
Since it was acquired by The Olayan Group in 2010, and in close partnership with Chelsfield as asset and development manager, the Estate has seen major improvements. These include remodelling and restoring of façades and shop fronts; widening pavements; upgrades of the retail offer; reconfiguration of office space, and improvements to apartments. In 2013, an award-winning Estate wide lighting scheme was introduced to enhance the period architecture.
A focus on development: 50 avenue Montaigne in Paris
At 50 avenue Montaigne, the magnificent 12,500 sqm leading-edge office building, which is owned by The Olayan Group, is undergoing major restructuring works to be completed in 2021.
Chelsfield is the Asset and Development Manager for this building located in the heart of Paris’ Central Business District and Golden Triangle.
City in sight: Building Accessibility into LondonBy Mark Wenlock – Group Managing Director, Developments – Chelsfield
Accessibility for all is a challenge for major cities around the world, and London is no exception. The UK capital’s success means those with different accessibility needs have to navigate a city that is large, densely populated and reliant on a complex transport system.
