Charles E. Chamberlain
DD: 01962 865 725
M: 07850 30 77 22
Assistant: Lucy Nelson
DD: 01962 862 313
Merlion man conquers
mountain - and malady
17th January 2009
Merlion Capital slimmed down dramatically
However, the move was not part of a strategic downsizing due to market
conditions, but the result of a nasty bug contracted by the company's
founder, Charles Chamberlain, as he struggled up Mount Kilimanjaro in
Tanzania to raise money for Prostate Cancer Research.
Despite the bug - which helped him to lose 12lbs in weight -
Chamberlain reached Uhuru Peak, the mountain's summit, and raise £3,000
for the charity.
(right) raised £3,000 for
Prostate Cancer Research - and lost
12lbs in the attempt.
4th November 2006
plans £120m revamp of Castleford
Piers Wehner - ESTATES GAZETTE 12 March 2005
A 42-acre former chemicals plant in the centre of Castleford, Yorkshire,
is to be transformed into a £120m development. This week Merlion Capital Corporation, controlled by
entrepreneur Charles Chamberlain, bought the site, which is bordered by
the rivers Aire and Calder, from Lambson Fine Chemicals. A planning application has
been submitted to redevelop the site as 1,337 flats and houses, along
with shops, bars and cafes. The scheme will also include a landscaped
park and formal squares, four children's play areas and an ecopark. Access to the riverside will be increased
and moorings for houseboats planned. The project is expected to take 10
years to complete.
Castleford has been the centre of continued regeneration efforts by
Wakefield MDC, a local residents' group, Yorkshire Forward and Channel
4, which is working on a documentary about the regeneration.
Chamberlain created Merlion in 2001 after
taking over the entire 1m sq ft development portfolio of Summit Property. Summit
was previously owned by giant support service company Summit Group,
which attempted a £70m reverse takeover of Chesterton in 1998.
Castleford redevelopment: factory will be replaced
with 1,337 homes
A 48-acre former chemical plant in Yorkshire is to be redeveloped as a
£120m housing scheme.
This week Merlion Capital won consent from
Wakefield council for 1,337 homes, totalling more than 1m sq ft, on the former Lambsons factory in the centre of Castleford,
between the rivers Aire and Calder.
Navigation Point, which will include cafes, bars and restaurants, is
being project managed by Amenbury Property,
and GVA Grimley is the letting agent. Barton Willmore is planning advisor.
buyer sells off stock to private buyers
ESTATES GAZETTE 12 July 2003
The man who took over Summit Property has sold its entire investment
portfolio in two years. Charles Chamberlain set up Merlion
Capital Corporation with a consortium of Singapore investors in October
2001. He has since then sold off its completed developments to a series
of private investors. MCC bought Summit Property from Summit Group,
which attempted a £70m reverse takeover of Chesterton in 1998. The
sales included properties in Leeds, Epsom, Portsmouth and Kings Rd,
SW3, raising £52m and removing all of the company's bank debt.
Chamberlain said "If timing is the secret of sex, comedy and
property, we will have to wait to see whether we are right to
sell". Chamberlain said MCC was now sourcing "the type of stock
that nobody wants" in the South and Midlands. "We will
probably steer clear of the intensively competitive investment market
with long leases and good covenants, but would buy poor-quality,
short-term income producers or sites with no income at all", he
Chamberlain's decision to sell has erased the company's bank debt.
links up with Singapore investors to buy the company
Adam Coffer - ESTATES
GAZETTE 13 October 2001
One of the founder members of Summit Property has teamed up with a
consortium of Singaporean investors to take control of the company.
Charles Chamberlain will head the new venture, called Merlion Capital Corporation, which has acquired
Summit's entire 1m sq ft
development programme. The move takes the company out of the hands of
giant support service company Summit Group, which attempted a £70m
reverse takeover of Chesterton in 1998. Summit Group will continue to
concentrate on its role as a provider of development capital to
business services groups.
Joining Chamberlain from Summit is Jonathan Parnes,
whose speciality is residential development. He has also recruited
Bruce Cattrell from Stannifer
and Philip Ringrose of Gardner Weller. Chamberlain said: "I was
under an umbrella with an acquaintance during a storm on holiday in
Barbados last year. I told him I'd been thinking about taking over the
property portfolio of Summit Group for some time and he put me in touch
with the Singaporeans. Things just took their course".
The former Summit Property portfolio is valued at over £80m. It
includes three mixed-use schemes in Basingstoke, which total more than
37,160m2 (400,000 sq ft),
a refurbishment of the 5,574m2 (60,000 sq ft) Student Halls in Kings Road, SW3, and a 12ha
(30-acre) industrial site in Aylesford, Kent. Merlion
is looking to spend up to £50m on new projects across the UK over the
next six months. Chamberlain said: "I expect to rationalise the
Summit Property portfolio within the next six to nine months. We have
significant capital resources and are already on the cusp of making a
£25m-plus offer for a London investment".
The Singaporean consortium has bought property in the UK before, most
notably through a £35m residential conversion of Cambridge Gate in
Regents Park, NW1, with the Crown Estate.
Chamberlain: will head Merlion
Capital Corporation, which has taken over Summit's 1m sq ft development