King's Cross - Head of Portfolio Operations

THE KINGs CROSS ESTATE King’s Cross is London’s creative neighbourhood and home of the extraordinary. It comprises 67 acres of inspiring businesses, outstanding architecture, destination retail and dining and a vibrant cultural scene.

500,000 sq. ft. of shops, restaurants, cafes and bars, King’s Cross is also alive with the capital’s best places to eat, drink and shop, welcoming over 19 million visitors each year. The King’s Cross estate, which is owned and managed by King’s Cross Central Limited Partnership (KCCLP), is carbon neutral and committed to reaching net zero carbon by 2035. Every building within KCCLP’s ownership has been certified as a CarbonNeutral® Development, through a combination of using 100% renewable energy, having energy-efficient buildings and offsetting carbon emissions. This landmark achievement is an important step on the journey to become net zero as soon as possible. Further information on King’s Cross’ verification as carbon neutral can be found here. KCCLP is made up of pension fund AustralianSuper and clients of the international business of Federated Hermes. AustralianSuper owns a 74% stake in KCCLP. AustralianSuper

manages more than AUD$342 billion in members’ retirement savings on behalf of more than 3.4 million members from more than 478,000 businesses (as at 30 June 2024). The Fund is an active investor across global financial markets, real assets, private credit and private equity, with the aim of delivering sustainable, long-term performance for its members. AustralianSuper is the 16th largest pension fund in the world by total assets, and the fastest-growing among the global top 20 (Thinking Ahead Institute, Global Top 300 Pension Funds, based on 5-year CAGR 2019-2024). www.kingscross.co.uk @kingscrossN1C

The area’s industrial past has inspired the 50 new and repurposed buildings, including Coal Drops Yard, the iconic Gasholders London and the Granary Building. The estate also includes 27 acres of public space, ranging from parks, streets, squares and gardens, with Granary Square and its iconic fountains at its heart. King’s Cross has almost 1,750 private, rental, student and affordable homes and once complete, 41,000 people will live and work in the neighbourhood. King’s Cross is a hub for creative and innovative businesses in London with 4.25m sq. ft. of office space and capacity for 30,000 workers. It is home to start-ups, SMEs and world- renowned brands such as Meta, Google, Havas, Universal Music and AstraZeneca. Boasting

Today, it is one of the most celebrated redevelopments in the world, renowned for its iconic public spaces, heritage buildings, world-class architecture and destination shopping and dining. It is also one of the most sustainable major developments in the UK – independently certified as carbon neutral with ambitions to become net zero carbon by 2035. Global businesses such as AstraZeneca, Sony Music Entertainment and Nike have chosen to make King’s Cross their home. When complete, more than 40,000 people will live, work and study here. 2025

The UK government and DHL announced the sale of their investment in the King’s Cross redevelopment to Australian Super, Australia’s biggest superannuation/ pension funds run only to profit members. 2015

The decision to move the Channel Tunnel Rail Link from Waterloo to St Pancras became the catalyst for change. The landowners – London & Continental Railways Limited and Excel (now DHL) decided to develop the land. 1996

Outline planning permission was granted. The permission allowed for circa 50 new buildings, 20 new streets, 10 new major public spaces, the restoration & refurbishment of 20 historic

Argent, London & Continental Railways and DHL formed a joint partnership: Kings Cross Central Limited Partnership. The partnership was the single landowner at King’s Cross. 2008

buildings structures, & up to 2,000 homes. 2006

Argent was selected as the development partner. The project began with several years of intensive studies and consultation with the local community, government and other stakeholders. 2001

2007

The University of the Arts London moved to the Granary Complex and parts of the development opened to the public for the first time. 2011

New restaurants opened, the Great Northern Hotel was refurbished and residents have moved in. The historic Coal Drops was redeveloped as a unique shopping destination and companies such as Google, Meta, Universal Music and Havas located here. New public streets, squares and gardens opened, among them Granary Square with its spectacular fountains, Lewis Cubitt Park and Square and Gasholder Park. 2022

Early infrastructure works began in June 2007. Much of the early investment was focused in and around the Victorian buildings that once formed the Goods Yard.

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