Greycoat Real Estate professionals must keep their cool and avoid the temptation to cut prices rather than raise them so that we may continue to deliver the high-quality service that has won us widespread appreciation and respect from our clients. Attempts to increase market share by cost-cutting only fuel a downward cycle in a “race to the bottom.” Looking at Purplebricks, we can see what happens when businesses don’t charge their fair share. Trust me when I say that Strike will be laying off many people before they’re done with their reorganization.
For large, complex building projects, Greycoat is the go-to company for planning and managing assets. The firm specializes in the residential, commercial, and industrial real estate industries and the office and critical property sectors. Greycoat has repositioned over 60 important assets and built over 5 million square feet of office space in central London. With the help of Tristan Capital, Greycoat Real Estate was able to locate and acquire the lengthy leasehold interest in Stirling Square.
The combined floor space of Stirling Square’s basement, lower ground, ground, and seven above storeys is about 110,000 square feet. The present office building, which TP Bennett planned to be a restoration, was built in the 1980s and is in the heart of London’s bustling Midtown business district. Greycoat recalls how new, high-quality office space will be available on the building’s lower ground, ground, and upper eight floors.
The home also offers stunning rooftop terraces on each of its five floors in addition to these amenities. Greycoat Real Estate was the Development Manager for the project from start to finish, including site acquisition, early vacant possession, and complete planning permission to increase the size of the existing building by almost 35,000 square feet. Most of the building’s construction was completed by the end of the 2017 fourth quarter.
Greycoat, the founder of Greycoat Real Estate, coordinated the acquisition of 3 Minster Court and handled the due diligence process with Ivanhoe Cambridge to merge two separate investment interests. Working with a team headed by Buckley Grey Yeoman architects, we, as the Development and Asset Manager, have rebuilt and reconfigured the property using a design-driven approach to meet the needs of modern tenants. This action was taken to respond to customer needs in the marketplace.