Investor Presentaiton
ESTIMATED FUTURE DEVELOPMENT SPEND AND
CAPITALISED INTEREST
PC
Prelet ERV
Cost to complete £m (excluding notional interest) - 6 mths
As at 30 September 2013
Calendar Year
£m
Mar 14
5 Broadgate
The Leadenhall Building
2015
19.2
34
Sep 14
25
Mar 15
Sep 15
Mar 16
Sep 16
28
2014
8.6
19
11
13
Marble Arch House
2013
7
2
39 Victoria Street
2013
4
Bedford Street
2014
3
Total 2010 Programme:
27.8
67
39
42
The Clarges Estate
2017
3
Hereford
2014
2.8
17
22
22
33
35
29
23
23
20
The Hempel
2015
n/a
7
5
2
1
Craven Hill Gardens
2014
n/a
Aldgate Place, Phase 1
2016
n/a
8
5
9
3
6
Broadgate Circle
2014
4
1
Milton Keynes, Kingston Centre
2014
0.3
1
Broughton Park, Chester
2014
0.4
1
4
Meadowhall Surrounding Land
2015
0.4
Whiteley Leisure, Fareham
2015
0.2
23
2
Fort Kinnaird, Edinburgh
2015
0.1
2
Total Recently Committed:
4.2
47
63
57
51
34
30
Total Committed:
32.0
114
102
99
51
34
30
Total Near-term
24
25
33
64
77
79
Indicative Interest Capitalised on above at attributable rates¹
10
10
9
8
10
11
1 Financing costs are capitalised on qualifying expenditure for committed and near term developments; the rate is at 3% for
Leadenhall and 4% for all other developments
38
British LandView entire presentation