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Commercial Property

Queen Elizabeth Olympic Park

Client London Legacy Development Corporation
Project Value £n/a
Status Completed

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.

Solutions

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.

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