The business on...Rob Tincknell, Director, Treasury Holdings
Saturday 13 November 2010
Never heard of it – something to do with the State-owned banks?
Nope. Treasury Holdings is the parent company of Real Estate Opportunities, which does what the name suggests. Mr Tincknell, its point-man, is a property developer of some repute.
So what are they up to?
Nothing less than the redevelopment of Battersea Power Station, a trick that people have been trying to pull off since 1983. REO has owned the site for four years and Mr Tincknell has now persuaded Wandsworth Council to approve its plans for a £5.5bn project mixing retail, residential and office space.
Wow, so when are the diggers going to move in?
Hold your horses – as ever, there are one or two issues to overcome first. The big one being that REO hasn't got the finance in place yet.
Still, at least they've got that elusive planning permission.
Yes and no. Wandsworth may have signed off, but Boris Johnson, the Mayor of London, has yet to do so. And he said no to REO's last scheme.
But the locals are onside?
Some of them – one local action group has given the project its support. Another is campaigning against it.
This is starting to sound iffy.
Well, Battersea has had a nasty habit of messing up the best laid plans. One former developer, John Broome, the man behind Alton Towers, even booked Margaret Thatcher for a grand opening of his project, only to see costs spiral out of control and the money run out.
Is this time different?
Mr Tincknell insists it is. And to be fair to him, he has a good record. He was the man behind the award-winning overhaul of the marina area in Portsmouth, for example.
Anything else we should know?
Mr Tincknell's family need a boost. His dad founded housing group Connaught, which was run by his brother Mark until earlier this year. It's just gone under.
- 1 Frank Lampard's face drops when Holly Willoughby introduces him as a 'Man City legend'
- 2 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 3 The confessions of men who ordered mail-order brides
- 4 General Election 2015: Stephen Hawking says he will vote Labour
- 5 Yazidi sex slaves undergoing surgery to 'restore virginity' after being raped by Isis militants
General Election 2015: Tories sack candidate who said she would never support 'the Jew' Ed Miliband
The four utterly contradictory polls that tell the story of this election and why it is pointless trying to predict the outcome
9/11: Iranian General accuses US of organising September 11 terror attacks
General Election 2015: Prospect of Labour-SNP coalition makes one in four voters less likely to support Ed Miliband, says survey
General Election 2015: Stephen Hawking says he will vote Labour
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Aaron and Melissa Klein: Oregon anti-gay bakers ordered to pay $135,000 after refusing to make cake for same-sex wedding
Andrew Lloyd Webber: Phantom of the Opera writer mocked after issuing a warning about Ed Miliband and Nicola Sturgeon
General election 2015: Labour will toughen hate crimes legislation surrounding Islamophobia
EU exit would hit UK economy much harder than neighbouring countries, study finds
iJobs Money & Business
£Basic (OTE) + Uncapped Commission: Guru Careers: A Stockbroker (qualified / p...
£20000 - £60000 per annum: Recruitment Genius: Are you recently QCA Level 4 qu...
£20000 - £22500 per annum + OTE £30K: SThree: SThree Group have been well esta...
£25 - 30k: Guru Careers: We are seeking an Application Support Analyst / 1st L...