Appendix 1, Summaries of Business

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Appendix 1 - BCIS All in tender Price

Index (updated February 2016) Q

2015 – Q4 2020 (Build costs) and Q

2011 – Q4 2016 and Q4 2014 – Q

2017 (CIL)

BCIS All-in TPI #

Base date: 1985 mean = 100 | Updated: 08-Feb-2016 |

Percentage change

Date Index Sample On year On quarter On month

1Q 2015 270 24 9.3% 3.8%

2Q 2015 273 Forecast 13 5.4% 1.1%

3Q 2015 273 Forecast 5 5.4% 0.0%

4Q 2015 274 Forecast 5.4% 0.4%

1Q 2016 276 Forecast 2.2% 0.7%

2Q 2016 280 Forecast 2.6% 1.4%

3Q 2016 282 Forecast 3.3% 0.7%

4Q 2016 283 Forecast 3.3% 0.4%

1Q 2017 286 Forecast 3.6% 1.1%

2Q 2017 290 Forecast 3.6% 1.4%

3Q 2017 293 Forecast 3.9% 1.0%

4Q 2017 296 Forecast 4.6% 1.0%

1Q 2018 299 Forecast 4.5% 1.0%

2Q 2018 304 Forecast 4.8% 1.7%

3Q 2018 307 Forecast 4.8% 1.0%

4Q 2018 311 Forecast 5.1% 1.3%

1Q 2019 314 Forecast 5.0% 1.0%

2Q 2019 319 Forecast 4.9% 1.6%

3Q 2019 323 Forecast 5.2% 1.3%

4Q 2019 327 Forecast 5.1% 1.2%

1Q 2020 330 Forecast 5.1% 0.9%

2Q 2020 336 Forecast 5.3% 1.8%

3Q 2020 340 Forecast 5.3% 1.2%

4Q 2020 344 Forecast 5.2% 1.2%

15-Mar-2016 09:43 © RICS 2016 Page 1 of 2

BCIS All-in TPI #

Base date: 1985 mean = 100 | Updated: 08-Feb-2016 |

Percentage change

Date Index Sample On year On quarter On month

4Q 2014 260 30 8.8% 0.4%

1Q 2015 270 24 9.3% 3.8%

2Q 2015 273 Forecast 13 5.4% 1.1%

3Q 2015 273 Forecast 5 5.4% 0.0%

4Q 2015 274 Forecast 5.4% 0.4%

1Q 2016 276 Forecast 2.2% 0.7%

2Q 2016 280 Forecast 2.6% 1.4%

3Q 2016 282 Forecast 3.3% 0.7%

4Q 2016 283 Forecast 3.3% 0.4%

1Q 2017 286 Forecast 3.6% 1.1%

2Q 2017 290 Forecast 3.6% 1.4%

3Q 2017 293 Forecast 3.9% 1.0%

4Q 2017 296 Forecast 4.6% 1.0%

21-Mar-2016 14:02 © RICS 2016 Page 1 of 2

Appendix 2 - Details of real sites

schemes including map

LB Southwark Old Kent Road Opportunity Area Viability TestingSpecific Sites

Existing use

Site ref

Address

Site Area (ha)

BLV

Assumptions

Existing use(s)

Existinggrossinternalfloorspace(Sq m)

Spaceoccupied for6 months inlast 3 years?

Proposed Use(s)

GrossinternalFloorspace(Sq m)

Infrastructure and policyrequirements e.g. sopenspace, play space, SUDsinfo, other infrastructurerequirements e.g. schools,health facilities etc.

Gross to netof residential

Height ofbuilding(s)

Car parkingnos andundrgrnd /undrcroft /surface

Details ofResi mixincluding nosof flats vshouses

S106contributionsassumption

Site details

Proposed development

Benchmark LandValue

Small Site 1

Block 136 (Sandgate IndustrialEstate, 57 Sandgate Street and 16Verney Road)

£14,992,364 Rent assumed at £10.74 psf

capitalised at a yield of 7% andallowing for a premium of 20%.

B2, B8 (Trading estate)

8,900.00 Yes

HousingBusiness (B1c)

Housing:18,900Business:1,

External space/public realm:measure from plan

72% (resi)

6/7 storeys

25% of resiunits to haveparking;parkingunderground

Flats

£2,000 per resiunit and £30 psmnon residential

Small Site 2

Block 115 (Sites bounded byHatcham Road, Penarth Street,Ormside Street and Manor Grove)

£13,802,523 Rent assumed at £11 psf

capitalised at a yield of 7% andallowing for a premium of 20%.

B1c, B2, B8 (Industrialbuildings serviced fromforecourt)

8,000.00 Yes

HousingBusiness (B1c)

Housing:26,768Business:4,

External space/public realm:measure from plan

72% (resi)

7 storeys

25% of resiunits to haveparking;parkingunderground

Flats

£2,000 per resiunit and £30 psmnon residential

Small Site 3

Blocks 92, 106 and 107 (JoynerTruck depot, Ilderton Road)

£2,101,287 Rent assumed at £2.50 psf

capitalised at a yield of 7% andallowing for a premium of 20%.

B8 (Truck parking)

0.00 Yes

Housing

Housing:20,

External space/public realm:measure from plan

72% (resi)

7-13 storeys

25% of resiunits to haveparking;parkingunderground

Flats

£2,000 per resiunit and £30 psmnon residential

Small Site 4

Block 135 (636 Old Kent Road)

£1,070,480 Rent assumed at £10.50 psf

capitalised at a yield of 7% andallowing for a premium of 20%.

B2 (Car repairs)

650.00 Yes

HousingRetail

Housing:2,151Retail: 800

External space/public realm:measure from plan

72% (resi)

4 storeys

25% of unitsto haveparking; allparking atsurface leval

Flats

£2,000 per resiunit and £30 psmnon residential

Small Site 5

Block 129 (Kwikfit, 684,698 OldKent Road)

£988,135 Rent assumed at £10.50 psf

capitalised at a yield of 7% andallowing for a premium of 20%.

B2 (Car repairs)

600.00 Yes

Student housing

Studenthousing: 6850

External space/public realm:measure from plan

6 storeys

Car free

£2,000 per resiunit and £30 psmnon residential

Development block structure

Old Kent Road

Southwark Park Road

East Street

Rotherhithe New Road

Peckham Park Road

Mandela Way

Rolls Road

Burgess Park

Bricklayers Arms Southwark Park

Ave Private Value (per sq m)

Ave Private Value (per sq ft)

Unit Type

Social Rent (per sq m)

Social Rent (per sq ft)

Shared Ownership @ Council Income Thresholds (per sq m)

Shared Ownership @ Council Income Thresholds (per sq ft) £6,728 £625 1 Bed £1,203 £112 £3,262 £ £6,728 £625 2 Bed £1,137 £106 £2,705 £ £6,728 £625 3 Bed £1,077 £100 £2,317 £ £6,728 £625 4 Bed £1,048 £97 £2,374 £ £6,997 £650 1 Bed £1,229 £114 £3,262 £ £6,997 £650 2 Bed £1,163 £108 £2,705 £ £6,997 £650 3 Bed £1,102 £102 £2,317 £ £6,997 £650 4 Bed £1,074 £100 £2,374 £ £7,535 £700 1 Bed £1,281 £119 £3,262 £ £7,535 £700 2 Bed £1,214 £113 £2,705 £ £7,535 £700 3 Bed £1,154 £107 £2,317 £ £7,535 £700 4 Bed £1,126 £105 £2,374 £ £7,804 £725 1 Bed £1,306 £121 £3,262 £ £7,804 £725 2 Bed £1,240 £115 £2,705 £ £7,804 £725 3 Bed £1,180 £110 £2,317 £ £7,804 £725 4 Bed £1,136 £106 £2,374 £ £8,073 £750 1 Bed £1,332 £124 £3,262 £ £8,073 £750 2 Bed £1,266 £118 £2,705 £ £8,073 £750 3 Bed £1,206 £112 £2,317 £ £8,073 £750 4 Bed £1,136 £106 £2,374 £ £8,611 £800 1 Bed £1,384 £129 £3,262 £ £8,611 £800 2 Bed £1,318 £122 £2,705 £ £8,611 £800 3 Bed £1,257 £117 £2,317 £ £8,611 £800 4 Bed £1,136 £106 £2,374 £ £8,880 £825 1 Bed £1,410 £131 £3,262 £ £8,880 £825 2 Bed £1,343 £125 £2,705 £ £8,880 £825 3 Bed £1,283 £119 £2,317 £ £8,880 £825 4 Bed £1,136 £106 £2,374 £ £9,311 £865 1 Bed £1,451 £135 £3,262 £ £9,311 £865 2 Bed £1,385 £129 £2,705 £ £9,311 £865 3 Bed £1,297 £120 £2,317 £ £9,311 £865 4 Bed £1,136 £106 £2,374 £ £9,688 £900 1 Bed £1,487 £138 £3,262 £ £9,688 £900 2 Bed £1,421 £132 £2,705 £ £9,688 £900 3 Bed £1,297 £120 £2,317 £ £9,688 £900 4 Bed £1,136 £106 £2,374 £

Appendix 4 - WT Partnership real site

order of cost estimates

Order of cost estimate - Large Sites Rev 4

Large Site1 Large Site 2 Large Site 3 Large Site 4 Large Site 5 No Description Cost Cost Cost Cost Cost £ £ £ £ £

Old Kent Road Masterplan

Construction cost phase 2 96,615,893 75,184,546 79,168,226 65,648, Infrastructure phase 2Additionlal cost of phasing 1.5% 12,069,6451,630,283 9,808,6161,274,897 9,685,7381,332,809 8,939,3661,118, Sub total phase 2Thames Water requirements allowance 110,315,821330,947 86,268,059258,804 90,186,773270,560 75,706,656227, Total phase 2 Construction period months (^) - 110,646,769 30 (^) 86,526,864 27 (^) 90,457,333 27 (^) 75,933,776 26

Overall cost Water requirements allowance) (including phasing and Thames 131,277,836 235,509,300 191,390,896 188,993,237 164,949,

Order of cost estimate

Large site 1 44,255 M

No Description Unit Quantity Unit Rate £ nrs General Demolition and site preparation- assumes existingwarehouse/ industrial type buildings 8335 m2 170 1,416, Total 1,416, New Build Residential Blocks 7-30 storeys 356 32500 m2^2700 87,750, Carbon Zero allowance @1.1% 965, Residential Total 356 32500 m2 2,730 88,715, Basement Basement parking 113 3955 m2 1700 6,723, Basement Parking Total 113 3955 m2 1,700 6,723, Commercial Offices BREEAM excellent 0 1100 m2 1750 1,925, Commercial total 0 1100 m2 1,750 1,925, Hotel Hotel BREEAM excellent- 3 star 125 5000 m2 2250 11,250, Hotel total 125 5000 m2 2,250 11,250, Retail Retail BREEAM excellent- shell and core 700 m2 1475 1,032, Retail total 700 m2 1,475 1,032, Healthcare Clinic (^1000) m2 2750 2,750, Healthcare total 1000 m2 2,750 2,750, 113,813, External works and Infrastructure Exterrnal works and infrastructure 44255 m2 15% 17,071, Total externals and infrastructure 17,071, Overall total 44,255 m2 2,958 130,885,

Old Kent Road Masterplan

Order of cost estimate

Large site 2 83,345 M

No Description Unit Quantity Unit Rate £ nrs General Demolition and site preparation- assumes existingwarehouse/ industrial type buildings 19225 m2 170 3,268, Total 3,268, New Build Residential Blocks up to 24 storeys 685 62500 m2^2600 162,500, Carbon Zero allowance @1.1% 1,787, Residential Total 685 62500 m2 2,629 164,287, Basement Basement parking 387 13545 m2 1500 20,317, Basement Parking Total 387 13545 m2 1,500 20,317, Commercial Offices BREEAM excellent 0 800 m2 1750 1,400, Commercial total 0 800 m2 1,750 1,400, Hotel Hotel BREEAM excellent- 3 star 0 0 m2 0 0 Hotel total 0 0 m2 0 0 Retail Retail BREEAM excellent- shell and core 2500 m2 1475 3,687, Retail total 2500 m2 1,475 3,687, Healthcare Clinic (^0) m2 0 0 Healthcare total 0 m2 0 0 Leisure Leisure 4000 m2 2050 8,200, Leisure total 4000 m2 2,050 8,200, 201,160, External works and Infrastructure

Old Kent Road Masterplan

Order of cost estimate

Large site 2 83,345 M

No Description Unit Quantity Unit Rate £ nrs

Old Kent Road Masterplan

Exterrnal works and infrastructure 83345 m2 15% 30,174, Total externals and infrastructure 30,174, Overall total 83,345 m2 2,776 231,334, Contingency 0% exc 0 Professional and other fees 0% exc 0 Overall total 83,345 m2 2,776 231,334, Notes Based on 685 units Costs are based on 1st Quarter 2016 with no allowance for infaltion No allowance for off site infrastructure network reinforcement Excludes VAT No allowance for phasing Based on current standards and policies as at March 2016 No allowance for remedial works for contamination in the ground , asbestos or the like Assumes all private housing and all apartments Basement parking area based on 35 m2 per space Parking based on 25% residentail and 1 per 30m2 of retail and leisure.

Order of cost estimate

Large site 3 74,425 M

No Description Unit Quantity Unit Rate £ nrs

Old Kent Road Masterplan

Exterrnal works and infrastructure 74425 m2 15% 24,521, Total externals and infrastructure 24,521, Overall total 74,425 m2 2,526 187,998, Contingency 0% exc 0 Professional and other fees 0% exc 0 Overall total 74,425 m2 2,526 187,998, Notes Based on 661 units Costs are based on 1st Quarter 2016 with no allowance for infaltion No allowance for off site infrastructure network reinforcement Excludes VAT No allowance for phasing Based on current standards and policies as at March 2016 No allowance for remedial works for contamination in the ground , asbestos or the like Assumes all private housing and all apartments Basement parking area based on 35 m2 per space Parking based on 25% residentail and 1 per 30m2 of retail and leisure.

Order of cost estimate

Large site 4 65,980 M

No Description Unit Quantity Unit Rate £ nrs General Demolition and site preparation- assumes existingwarehouse/ industrial type buildings 12130 m2 170 2,062, Total 2,062, New Build Residential Blocks 8-20 storey 522 47600 m2^2600 123,760, Carbon Zero allowance @1.1% 1,361, Residential Total 522 47600 m2 2,629 125,121, Basement Basement parking 188 6580 m2 1600 10,528, Basement ParkingTotal 188 6580 m2 1,600 10,528, Commercial Offices BREEAM excellent 0 0 m2 0 0 Commercial total 0 0 m2 0 0 Hotel Hotel BREEAM excellent- 3 star 0 0 m2 0 0 Hotel total 0 0 m2 0 0 Retail Retail BREEAM excellent- shell and core 1700 m2 1475 2,507, Retail total 1700 m2 1,475 2,507, Healthcare Clinic (^0) m2 0 0 Healthcare total 0 m2 0 0 Leisure Leisure 0 m2 0 0 Leisure total 0 m2 0 0 School School 10100 m2 2100 21,210,

Old Kent Road Masterplan