What did we do
On behalf of the London Legacy Development Corporation (LLDC) and E20 LLP (a JV between the London Borough of Newham and the LLDC) we valued the Queen Elizabeth Olympic Park and all of the assets on it and its periphery for annual accounts purposes, as at 31st March, for the years 2014 – 2017.
The assets include the park and waterways, the 2012 Olympic venues including the London Stadium, the ArcelorMmittal Orbit, the Aquatic Centre, the Copper Box Arena, Here East (the Olympic press and broadcast centre), various development platforms including Chobham Manor, East Wick, Sweetwater, Stratford Waterfront (the proposed Cultural and Education District) and Pudding Mill, as well as various investment and strategic development properties.
The LLDC and E20 had neither the capacity nor the expertise to undertake these valuations.
We provided expert valuation staff with a wealth of appropriate experience and completed the valuation exercise within a tight timescale, providing reasoned and consistent valuation advice, satisfying both the clients and their external auditors, as well as providing additional strategic asset management advice over and above the remit of our contract.
Capita Real Estate and Infrastructure work with public and private sector organisations to design, build and optimise their real estate and infrastructure assets. From thought to finish, we apply our combined expertise to achieve more from the entire built environment.
We build competitive advantage through intelligently applied real estate and infrastructure solutions and enhance our clients’ standing in a forever-changing world.