好色先生TV

The Saudi Arabian owners of London鈥檚 stalled Pinnacle skyscraper are planning to secure 拢770m of new investment for the project by March, with a view to restarting on site this year.

Property agent CBRE 鈥� which was drafted in by majority owners Sedco and sharia-compliant fund Pramerica last year to explore options for reviving the scheme that has been stalled since 2012 鈥� said it plans to source 拢220m for purchase of the site and 拢550m for the build cost.

CBRE said the project team behind the original scheme 鈥� contractor Brookfield Multiplex, engineer Arup, architect Kohn Pederson Fox (KPF), cost consultant Aecom and M&E consultant Hilson Moran 鈥� have agreed to complete the project on a maximum price contract, should the new investors choose to retain them.

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CBRE confirmed it has briefed a number of development teams with UK experience on its proposals and said interested parties have been asked to work with a revised design for the scheme drawn up by incumbent architect KPF.

The agent said its client will only consider proposals that stick to KPF鈥檚 revised design. Were the scheme to go back to planning it would be subject to Crossrail and community infrastructure levies of around 拢20m.

CBRE also confirmed that Sedco and developer Arab Investments have now bought out sharia-compliant fund Pramerica.

Sedco and Arab Investments will retain a profit share in the Pinnacle development after new investors are found, but Arab Investments is likely to sacrifice its role as development manager.

KPF鈥檚 revised design entails minimal changes to the exterior, with changes to standardise the 鈥榮nakeskin鈥� cladding and the distinctive helter-skelter design retained.

Internal revisions are more substantial, allowing for more dense occupation and splitting the building into two distinct offices with two entrances.

CBRE said project completion was anticipated in the fourth quarter 2017.