British Land : 12x3 boxing club to open at Paddington Central

21 May 2018

British Land has announced that 12x3, a premium boxing club founded by former professional boxer Darren Barker and prize-winning amateur boxer Ryan Pickard, has opened at Paddington Central. 12x3 has agreed a 15 year lease for a 4,450 sq ft boutique gym at 19 Sheldon Square.

12x3 is a traditional boxing gymnasium providing a modern training environment with an impressive array of expert coaches for all levels of boxing experience. Inspired by their roots at the renowned Repton Boxing Club in Bethnal Green, the team offers traditional boxing techniques which date back to 1884, with authentic, individual coaching styles, and small, personal group classes.

As part of 12x3's vision to bring the life-changing benefits of elite level coaching and conditioning to its boxing community, members will have access to training from some of Britain's most decorated boxers. The Paddington Central location marks the second opening for 12x3, with the first one situated in Aldgate.

Tim Haddon, Head of Campus - Paddington Central, British Land, said: 'Across our portfolio, we have seen increased demand from customers for services and amenities which can be enjoyed before, during, and after work, as well as at the weekends. 12x3 is a unique addition to the campus that we know will complement the great work we are doing to improve Paddington Central for workers, visitors and the local community.'

Darren Barker, Co-Founder of 12x3, said: 'We're excited to open 12x3 at Paddington Central as it is a great fit for our business with a strong sense of community which we strive for. 12x3 is a traditional boxing gym that pays homage to the roots of the sport using old school boxing techniques whilst also providing state of the art facilities and coaches who live and breathe the sport. We want to share our passion for boxing to people of all levels and look forward to opening our second location at Paddington Central.'

12x3 is the latest lifestyle brand to arrive at Paddington Central, a leading, seven-day-a-week canal-side destination in a revitalised part of Central London. Since acquiring Paddington Central in 2013, British Land has invested £100 million into the transformation of the campus' public realm as well as the construction of the newest office building 4 Kingdom Street, and aims to increase the amount of retail and leisure space on the campus in the future.

In line with the campus vision 'Life. Work. Balanced.', and on an practical level to improve connectivity to the Elizabeth Line station, British Land is carefully curating and activating the distinctive canal-side frontage, with ongoing asset management producing an increasingly varied selection of retail and leisure, including restaurant barges London Shell Co and Darcie and May-Green. This is all part of British Land's strategy to deliver greater workplace flexibility, more collaborative indoor and outdoor spaces, and initiatives that reflect the blurring boundaries between work and leisure.

The offices at Paddington Central are home to leading businesses across technology, telecoms and pharmaceutical industries including Microsoft, Vodafone, Kaspersky Labs and Splunk.

About British Land

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £18.1 billion (British Land share: £13.5 billion) as at 30 September 2017 making us one of Europe's largest listed real estate investment companies.

Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles - Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance.

Our Retail portfolio is focused on Regional and Local multi-let centres, and accounts for 49% of our portfolio. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 49% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 46 acre redevelopment opportunity where we have plans to create a new neighbourhood for London.

Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. Our industry-leading sustainability performance led to British Land being awarded a five star rating in the 2017 Global Real Estate Sustainability Benchmark for the second year running.

In April 2016 British Land received the Queen's Award for Enterprise: Sustainable Development, the UK's highest accolade for business success for economic, social and environmental achievements over a period of five years.

Further details can be found on the British Land website at www.britishland.com.

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