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THE HACKNEY HIGH LIFE

9 March 2015

IP Global Investment Manager Stephanie Westin shares her insights on the green, cultural and connected lifestyle available in East London’s thriving Hackney.

The buzz about the East End of London over the past few years has certainly not been for nothing. Young graduates have flocked to the area, and they’re now being joined by a host of creative media professionals.

 

THE SUNDAY TIMES HAS RANKED HACKNEY AS ONE OF THE BEST PLACES TO LIVE IN BRITAIN
These demographic changes have been a catalyst for a gentrification effect that is rippling out from the city into the city fringe. With this driving property prices skyward and seeing the East End branded as London’s latest ultra-trendy area, lives in the locale are certainly changing with the times.

 

In the wake of this creative influx, the Sunday Times has ranked Hackney as one of the best places to live in Britain. 
During a single day in London’s greenest inner borough, one can enjoy a waterside run from Regent’s Canal up to the foot of the expansive London Fields, take a stroll to Broadway Market for a Vietnamese iced coffee, browse through the borough’s selection of vintage shops and enjoy a drink at one of the town’s characterful pubs and restaurants.

LONDON’S GREENEST INNER BOROUGH

The highlight in terms of outdoor space is the stunning 213-acre Victoria Park, home to immaculate English gardens, lakes and fountains, as well as sports facilities and children’s play areas. Known colloquially as the People’s Park, this 170-year-old East End green space underwent a GBP12 million revamp during the run up to the London 2012 Olympics.

This investment upgraded the park’s lakes and restored the beautiful pagoda on the island in the west boating lake, as well as a bridge in matching style that was designed by the park’s original architect but never built. Also among the new additions were a skate park, community room and café, meaning the park really now offers a little bit of everything for everyone.

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In Hackney there’s no need to be miserable on a rainy day. There’s always something to do – whether exploring the shelves of cozy book shops, snuggling up with a latte at a quirky coffee shop, or even visiting Draughts – London’s first board game café. Time Out London has an excellent guide to the many cool bars, restaurants, markets and activities that Hackney offers, including Kenton – one of the hidden gems of Hackney’s pub scene ¬ and the perfect lazy Sunday brunches at Railway.

ART AND CULTURE HUB

For art, theatre and music lovers, Hackney is bursting with galleries and shows. On the first Thursday of every month, galleries across East London open their doors until 9pm, offering free drinks and attracting art lovers from across the city. The Hackney Empire – which nurtured the talent of Charlie Chaplin, Stan Laurel and Marie Lloyd in its music hall years – is now a Grade II listed theatre where residents can enjoy London’s best comedy shows and the world’s hottest bands. It comes naturally to say that Hackney is one of London’s most exciting, artistically vibrant and culturally flourishing boroughs.

A CONNECTED LOCAL LIFESTYLE

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With car use declining in popularity, walking and public transport are key for a true Hackney local, whether you are working in the area or commuting into central London. Ever more popular is cycling, with more residents commuting by bike in Hackney than in any other London borough thanks to the area’s wealth of established cycle paths. Another area in which Hackney excels is in its ample housing options. From Georgian terraces overlooking Victoria Park to high-end new developments on the doorstep of key local amenities, Hackney offers nothing if not choice. There are definitely plenty of reasons why people are coming to Hackney in droves – it really is one of the most liveable boroughs in London.

IP Global

Written by IP Global

IP Global’s full-service approach is built on extensive market research and analysis combined with a significant financial commitment to every investment we offer. We are able to manage the entire investment process end-to-end, from sourcing, financing, and management to those all important exit strategies, making investment in real estate as straightforward as investing in more traditional asset classes. Our expertise, experience and strong record have produced over USD2.8 billion in international real estate investments in over 30 markets worldwide.

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