Exclusive Apartments for NHS Workers

LOWE ANNOUNCES EXCLUSIVE FLATS FOR NHS WORKERS IN PARTNERSHIP WITH GAMUDA & YOO

In these turbulent and challenging times, we have really seen people come together and share heart-warming stories of human connection, kindness and community spirit. One positive, shining light in particular that we can really take away from the last year, is the incredible work that NHS and key workers do for our local community. Praise alone, however, doesn’t do their demanding job justice and at LOWE we are committed to our collective responsibility to support the NHS and make a difference where we can.

We are therefore delighted to announce our partnership with Joint Venture Partners Gamuda and YOO Development Limited, and the really exciting opportunity that arises from this collaboration. Owners of an established residential rental building on Commercial Road, near Aldgate East Underground Station, Gamuda and YOO are reserving 10% of the building’s 1-bedroom flats and will be making them available to LOWE at nil rents, exclusively for NHS workers. This exclusive guardianship opportunity will mean crucial key workers can live in close proximity to their places of work at a significantly reduced rate.

The flats are conveniently located near the Royal London Hospital and the BMI London Independent Hospital (which is supporting the NHS and Royal London at this critical time during the pandemic). In addition, for our crucial key workers further afield, Aldgate and Aldgate East Underground Stations, major bus routes and other means of public transport are on the doorstep of this property.

Both Gamuda and YOO are renowned for delivering projects with a relentless focus on community, high-quality design and the ever-evolving lifestyle needs of occupiers.

A spokesperson for the Gamuda YOO Joint Venture said, “As a responsible corporate citizen, we often speak about our values and how much we care for our community. Now is the time to make good on that commitment. By offering accommodation to NHS workers, on the basis to those who need it most, we hope we can contribute in some small way. We are making available what we can at this stage, and should this prove of assistance, we will examine ways to expand this undertaking in the weeks and months ahead.”

Tim Lowe, Founder & Director of LOWE Guardians, says “We are so excited to offer this exclusive opportunity together with Gamuda and YOO to open up a generous accommodation option for NHS workers in the heart of London. At LOWE, we believe in offering guardianship to provide affordable housing with a social purpose, so we can give back to those who keep our communities safe.”

Tim goes on to say, “We know that many of our guardians are facing a challenging and uncertain future, and from an economic standpoint the consequences of COVID-19 are still unravelling. We have dedicated our company ethos to supporting our Guardians to thrive and succeed as much as we possibly can, and NHS workers deserve our support more than ever.”

We want this community to be full of kind, hardworking individuals for whom this opportunity would make all the difference. As such, and to ensure that the accommodation goes to those in the NHS who need it most, there will be a specific application process with a tailored questionnaire, and the guardians will be chosen by us.

Original article here

YOO Villas Pune

India’s 1st & Only Ready-To-Move-In YOO Villas Enclave Now Only A 40-Minute Helicopter Ride Away from Mumbai FlyBlade India Recently launched helicopter services between Mumbai & YOO Villas Helipad.

Pune, India; December 04, 2020—YOOVillas Pune has now become closer to India’s financial capital, Mumbai thanks to the launch of daily helicopter services by FlyBlade India between YOO Villas Helipad in Pune and Mumbai.

While a large chunk of the owners of YOO Villas are from Pune, Mumbaikars can now own a private villa close to their homes in Mumbai with excellent air connectivity by way of the newly launched helicopter service.

Full article here

YOO PARTNERS WITH GAMUDA

YOO PARTNERS WITH GAMUDA IN ACQUISITION AND REDEVELOPMENT OF ALDGATEPROPERTY

As part of YOO Development’s emerging pipeline of projects across London, Yoo is announcing a joint venture project involving the off-market acquisition of 35a Commercial Road, Aldgate, London E1 1LB in partnership with Gamuda Land. The 36- unit residential block is on Commercial Road, conveniently situated near Aldgate and Aldgate East underground stations at the junction of the City and London’s hip and vibrant East End. The property comes with an existing planning consent for expansion.

Current plans for the site are for it to be re-developed into a community focused micro-living development, it will feature individual studio apartments with communal space and shared amenities such as dining and cooking spaces within a central “common house”, providing a focal point where the community can eat together and socialise. Microliving is seen as part of the solution to address the urban housing crisis in many cities.

YOO Development – which is part of the international YOO Group (the world’s largest non-hotel residential brand) – specialises in intricate mixed-use solutions which capitalise on the Group’s heritage in design and lifestyle focused residential, hospitality and commercial projects; it will also be Development Manager for the project.

John Hitchcox, Founder of YOO commented, “With this acquisition we are expanding our range of investment and development activities; this is part of our wider ambition to challenge and improve modern ways of living, working and playing across London. We are pleased to work with Gamuda on this project, who share our firm belief that real estate is vital in building true community. Core to our strategy is securing assets in superb locations such as this property.”

Ngan Chee Meng, CEO of Gamuda Land commented, “This timely acquisition forms part of our ongoing expansionary investments into London and rest of United Kingdom real estate. We are pleased to partner Yoo, to further our ethos of creating holistic and sustainable communities not only focusing on the home place but also the play place, the work place and the learning place.”

Jonathan Lurie, Managing Partner at Realty Corporation, Gamuda Land’s advisor, adds: “We are delighted to partner with YOO Development, one of the most active and exciting real estate place-makers in the London market to acquire this asset, to reinvigorate and to reposition the units to meet the needs of a dynamic, growing population. With YOO Development, we are looking forward to delivering a high-service product in a compelling location.”