LONDON – February 22, 2018 – CBRE Global Investors has announced a significant new piece of public art will be commissioned as part of the proposed £11 million comprehensive refurbishment of Angel Central in North London.
The Contemporary Art Society has been appointed to source the new artwork and has compiled a handpicked list of critically acclaimed UK artists, from which a select steering group has invited four artists to provide their proposals.
The shortlisted artists specialise in a wide range of mediums, from graphic and two-dimensional works to the more architectural or digital interpretations, and their final submissions will be shown at a public consultation event, taking place from the 9-10 March, to gauge opinion amongst local residents, businesses and other stakeholders.
Working with The Contemporary Art Society Consultancy, CBRE Global Investors and Development Managers, Queensberry are also planning to involve local schools in the process via an education programme designed to highlight how art is produced, from concept to installation.
The final artist will contribute a unique piece celebrating the local area and Angel Central’s new look.
Commenting on the decision to commission a new piece of public art for Angel Central, Laura Wilson-Brown, Head of Asset Management UK at CBRE Global Investors, said: “The new art installation or work will be a central focus for the proposed development and will reflect the contemporary look of a revitalised Angel Central. We are excited to see what the shortlisted artists will submit and how they have interpreted our brief. It is important the new art reflects the local community and is something we can enjoy for many years to come.”
Fabienne Nicholas, Head of Consultancy at the Contemporary Art Society, added: “To be appointed by CBRE Global Investors and Queensberry for Angel Central is a fantastic opportunity to commission a piece of art that reflects the history and community of Angel. The highly acclaimed shortlisted artists will each provide their own unique response to the local area and we are thrilled to have been part of the legacy process for this popular destination.”
The 170,000 sq ft Angel Central benefits from an annual footfall of 10 million visitors and is ranked in the top 10 of London Retail Destinations*. Currently anchored by H&M, Angel Central’s retail line-up includes Muji, Rituals, Monsoon and Oasis, with the latter recently completing a significant refurbishment. In addition, Vue’s ten-screen cinema and the O2 Academy lead the leisure offer, which is complemented by a range of restaurants, such as Gourmet Burger Kitchen and Wagamama.
CBRE, CWM acts on behalf of Angel Central for all the retail leasing and BNP Paribas for F&B leasing enquiries.
*CACI’s Retail Footprint 2016
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About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $103.2 billion in assets under management* as of December 31, 2017. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2017 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real asset-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.
Queensberry is a progressive property company, specialising in the development and investment of commercial assets. Our expertise is in mixed-use regeneration schemes in towns and cities across the UK with a focus on retail and leisure destinations. We are currently developing 2 million sq ft across 9 projects and we have over £200 million investments under management. Our places stretch from London to Sheffield and Manchester to Newport. We work with private and public sector partners across our varied, award-winning portfolio.
Founded in 2011 by Paul Sargent, Stuart Harris and Jon Munce, Queensberry has flourished into a force in the market. Boasting a growing team of dynamic individuals, all of whom are experts in their fields, Queensberry is focused on delivering high quality bespoke destinations.
About The Contemporary Arts Society
The Contemporary Art Society Consultancy provides art advisory services to develop contemporary art collections, public art commissions and visionary arts and cultural strategies. The Art Consultancy supports the Contemporary Art Society, a charity that purchases important new works of art to place in public collections across the UK. Identifying the great artists of today is at the heart of our approach, bringing the best in contemporary art to our clients. Current and recent projects include the development of a national public art strategy for Qatar Public Realm, a 12 year public art programme for the University of Cambridge’s North West Cambridge urban expansion, major public art commissions for the Olympic Park in 2012, London School of Economics in 2010 and 2014, and developments including Television Centre, One Blackfriars and Angel Court in London. www.contemporaryartsociety.org/consultancy