Having secured the purchase of the property, a development manager was appointed to liaise with local planners and a professional team to successfully obtain planning permission and thereafter to redevelop the property into 15 luxurious boutique apartments.
Regular reporting on progress to the Directors, on site meetings at defined stages of work and careful oversight of the entire process, strategic decisions and financial budgets, ensured that the development came in on budget and importantly, on time in what is currently a very fast moving market.
The development was completed this year and a property agent was appointed to market and sell the properties. Such was the high standard and finish of the development, within 4 weeks of being put on the open market, all apartments were sold with a total value in excess of £8mn.
Managing Director, David Karran, commented "this development is another example of IQE Real Estate's expertise and depth of property experience in this sector underpinned by IQE's high standards of corporate governance and delivery of excellent administration, tax and accounting support services. The fact that we are now engaged on a number of similar developments is undoubtedly a sign of continued confidence in our abilities, knowledge and commitment to deliver on such projects".
To work with IQE contact David Karran on email@example.com or Steve McCafferty on firstname.lastname@example.org
We have the expertise to assist with multi-jurisdictional fiduciary services for international structures
Simcocks Advocates have worked closely with IQE on both real estate and other private and commercial transactions over a number of years, and from our experience, IQE always strive to deliver the highest standards of service to both private and corporate clients alike. Their attention to detail, strong work ethic and listed corporate governance experience set them apart from other service providers. Phil Games, CEO, Simcocks Advocates Limited