The strategy for Sparta is:

• Improving transport links
• Large scale residential development
• Gentrification

So far our purchases for Sparta have included 2 or more of these categories. Consulco’s primary focus is along the Crossrail route, which is scheduled to start running in 2018. Consulco prides itself in recognising emerging market trends, which offer higher than average returns for its investors whilst being income producing from day one.

Farringdon

Farringdon is expected be one of the greatest benefactors from the development of Crossrail, which will see Farringdon station turn into a major London transport hub. The market is already feeling this impact with rapid rental escalation and increasing investor attention. The market is heavily driven by the upsurge in interest from technology, media and design sectors relocating to the area.

Since the formal start of the Crossrail project in 2009, rents in Farringdon have surged by over 30%, while capital values have almost doubled as the demand for space in this popular location continue to significantly outstrip supply.

The Museum of London will be moving to Smithfield Market in Farringdon from the City, and with it will bring a greater amount of tourists, transforming the area from a predominantly office led environment to a lively weekend destination.

Ealing

Consulco purchased Ealing Broadway as it is within 100m of a new Crossrail station, and on a high footfall pitch on the main high street. The area is experiencing large residential development as builders capitalise on the improved transport links directly to the West-End, the City and Canary Wharf. A report by JLL has predicted a 50% increase in house prices over the next 5 years within a 750m radius of Ealing Broadway Station, with £5.5 Billion added to residential and commercial property values along the Crossrail route by 2021. £1 Billion in investment has been put into the improvement of Ealing's infrastructure, residential stock and retail space as part of the wider improvements associated with Crossrail. Ealing has experienced house price growth of 33% in the last 2 years in anticipation for Crossrail and the associated area improvements.

Camden

Camden has always been an attractive area for occupiers, with Camden Market being the central pull. Market Tech Holdings Ltd, who own 16 acres of real estate in Camden, have initiated a large regeneration project. The company’s aim is to combine the markets with its numerous technology acquisitions, to make local retailers more digitally-savvy and turn Camden into a vibrant destination. Office rents in Camden are currently averaging at £36 psf, however Market Tech are setting a new tone with rents of £60 psf being achieved in their new developments.