London driver says skyscraper “melted” his car

London driver says skyscraper “melted” his car

2:59pm EDT

LONDON (Reuters) – A cluster of new skyscrapers transforming the London skyline are often blamed for spoiling the view. Now one has been accused of “melting” a car. A motorist said intense sunlight reflected from the “Walkie Talkie” – one of several flashy towers under construction in The City, London’s historic financial district – warped his Jaguar which he had parked across the road.The skyscraper’s developers said they were seeking to rectify the problem which they blamed on the position of the sun at certain times of day.

“The phenomenon is caused by the current elevation of the sun in the sky. It currently lasts for approximately 2 hours per day, with initial modeling suggesting that it will be present for approximately 2-3 weeks,” Land Securities and Canary Wharf said in a statement.

Three parking bays had been taken out of service pending a solution, they added.

Motorist Martin Lindsay told the BBC he had left his car for an hour opposite the building and returned to find the wing mirror, panels and Jaguar badge had “melted”.

“You can’t believe something like this would happen,” he said. “They’ve got to do something about it.”

The 37-storey building at 20 Fenchurch Street, which will feature a viewing deck and “sky gardens” open to the public, has been nicknamed the “Walkie Talkie” after its distinctive shape which appears to expand outwards at the top.

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a comment