Values, Ethics and Sustainability
In 1983 the United Nations General Assembly, concerned at the deterioration of the human environment and natural resources established a World Commission on Environment and Development. The Commission was chaired by Gro Harlem Brundtland, the former Prime Minister of Norway, who was chosen for her strong background in the Sciences and Public Health. The Brundtland Commission officially dissolved in December 1987 after releasing its report “Our Common Future”, (also known as the Brundtland Report), which defined the meaning of "Sustainable Development" as being "Development that meets the needs of the present without compromising the ability of future generations to meet their own needs".
Vixcroft applies this principal to its activities, seeking to develop and support urban environments that are successful in meeting the needs of the communities that they serve, minimising the need to travel by agglomerating commercial uses in locations supported by existing infrastructure and creating vibrant environments that people enjoy using.
Real estate developments consume large amounts of energy and materials in their construction. It is therefore important that they are designed and implemented in such a way as to stand the test of time to communities, particularly in terms of public enjoyment.
Following the collapse in world markets of 2008, many urban locations have been stressed and need incremental development, sensitively conceived to optimise both their economic potential and the social potential of the communities that they serve. Vixcroft is committed to delivering improvements that meet these sustainability objectives, and which support thriving local communities.
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Yorkshire House, Liverpool
Yorkshire House is well located in central Liverpool, close to Moorfields Merseyrail station and Lime Street mainline rail station and a short walk away from the main shopping centre. When this period property was acquired in 2006 it was in a dilapidated condition having been vacant for many years. The building was re-purposed to meet mod...
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Griffin Island, Newport
The Griffin Island Estate comprising 26 buildings with 30 separate retail units was acquired in May 2002. At purchase, 28 of the retail leases had expired and were either holding over or faced an imminent expiry and a number of the upper parts were derelict or dilapidated. The Estate has frontages onto 4 separate streets, including t...
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B&Q Distribution Centre, Worksop
A complex restructuring, entailing the application of Directors’ financing and restructuring skills. This high grade asset had been over-leveraged by the previous owner with the total debt secured against it significantly exceeding its value. In addition, the former owner had committed to a long term swap instrument with a negative v...