In the real world, it has been empty for two years and wealth manager Schroders pulled out of a move there in December.įilm shoots raise similar amounts to TV productions and it is not only buildings in the best locations that benefit.
#Battman with bats series
The other block is the Walbrook building, which was used to shoot the latest film in the spoof spy series Johnny English. “We choose the right events to keep Cannon Place in the public eye and associated with quality brands,” said Mark Swetman, project director for Cannon Place developer Hines, saying good publicity was a bigger consideration than money. SPACE-2 takes about a quarter of any fee. One is Cannon Place and though reportedly close to signing its first tenants, Hughes-Webb said it was the venue for a new BBC spy drama, the type of shoot that can raise 1,500-7,000 pounds ($2,400-$11,100) per day. Two neighboring office blocks near the Bank of England in the main financial district have the equivalent of eleven football pitches of empty space between them. SPACE-2’s turnover has almost doubled over the same period. The office vacancy rate in London’s main financial district was 7 percent in January, double where it stood at the end of 2007, its last low point, data from property consultancy CBRE show. “They are more focused on cashflow as shareholders want to know they are working their assets.”ĭevelopers have struggled to fill a series of striking new buildings meant to attract a wave of tenants: five skyscrapers in central London at varying stages of build have signed one office deal between them. “There has been a sea change in the way landlords deal with empty space since the financial crisis,” said Mark Hughes-Webb, managing director of SPACE-2 Consulting, which finds buildings for shoots and events. Others are planning to cash in on short-term demand from film crews seeking rooftops with panoramic views during the Olympic Games and celebrations marking the 60th anniversary of Queen Elizabeth II’s coronation. In addition to films and television shows, a growing number of developers are also opening their doors to events like London Fashion Week or temporary retail sites for online companies such as Amazon, eBay and Google. AP photo Hollywood is helping London developers weather the financial crisis by turning empty offices into film sets, providing cash and publicity for landlords struggling to fill buildings with tenants because of the uncertain economic outlook.
#Battman with bats movie
A large number of landlords in London are opening their doors to movie makers and events like London Fashion Week, according to professionals. Batman bats for Londoners TOM BILL LONDON - ReutersĪ double decker bus passes Piccadilly Circus in London yesterday.
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