Press release

THE CROWN ESTATE AND THE CRITERION BUILDING

1 May 2009

The Crown Estate is looking to commit to a significant programme of investment and regeneration of the Piccadilly and St James’s area that will, long term, create an international tourism destination of which London can be proud and will benefit the UK as a whole.

Our long term vision is that the area should offer an enhanced retail, leisure and business environment, appropriate to this renowned landmark location.

In pursuing this, we are continuing in our discussions with the interested parties of The Criterion Building at the corner of Haymarket on Piccadilly Circus to find a suitable solution for this letting which fits with our long term vision and strategy for St James’s and Piccadilly.

Regent Street Redevelopment

• Swallow and Vine Street Improvements Commended
  3 March 2009
• Luxury Hotel Deal for Café Royal
  28 August 2008
• Café Royal Block Leased to Alrov for Development
  13 April 2008
• Sale of Oxford Street Quadrangle Block to Resolution
  2 April 2008
• Regent Street Strategy and Development
  26 March 2008
• Largest Ever West End Property Swap
  21 February 2008
• Major Property Swap with Pollen Estate
  21 December 2007
• The Crown Estate moves to Regent Street
  24 March 2006
• £500M Development on Regent Street
  13 February 2004

Regent Street Tenants

• Anthropologie Joins Regent Street
  28 January 2009
• Swiss Restaurateurs to Launch in Heddon Street
  7 March 2008
• Generation take Pre-Let at Development
  13 December 2007
• Regent Street 400th Letting
  19 October 2007
• Matrix Secured as Office Occupier
  24 August 2007
• National Geographic Opens on Regent Street
  8 June 2007
• Wave of Retailers and Restaurants on Regent Street
  19 March 2007
• Regent Street Welcomes Habitat
  28 April 2006
• Kaupthing Bank moves to One Hanover Street
  9 November 2005
• Gerry Weber and Habitat for Regent Street
  21 September 2005
• Kipling, Frey Wille, Alex Reade coming To Regent Street
  12 August 2005
• Karen Millen, Quiksilver & Halifax Complete 229-247 Regent Street
  16 May 2005
• Apple, Ted Baker, Lacoste for Regent Street
  27 October 2004