IQE Limited - Strata SE1

This development originally was a joint venture between a private investor and a multi-national property development company. The development company bought out the private investor and was itself acquired by a property development group listed on the Toronto Stock Exchange.

The site at the Elephant & Castle was ideally positioned in a regeneration area with excellent transport links close to the City.  The existing tower blocks had to be demolished and the residents re-housed before the new building work could commence.

IQE provided Directors to work closely with other Board members and the Development Manager to review, approve and monitor:

• Planning submissions.
• s106 Agreement negotiations with London Borough of Southwark.
• Design, procurement and cost planning.
• Marketing, sales and funding.
• Following vacant possession demolition, and construction.
• Appointment of professionals. 
• Finance, budgets and critical path analysis.
• S278 Agreement with Transport for London.
• Consultation with local community.
• Health and safety reports. 
• Regular meetings during the process and particularly during construction.
• Site visits before and following demolition, during construction, topping out ceremony and practical completion.
• Approval of legal contracts for individual leases.
• Sales programme and exit strategy.
• Hosted meetings in the Isle of Man, prepared board packs, minutes, statutory documents and company secretarial support.