Flat out in London
Ivory House in London has been the backdrop for many British TV programmes and films, including the 1970s police drama The Sweeney and highly rated thriller The Long Good Friday. Today, the St Katharine Docks area is synonymous with luxurious apartments and Michelin star restaurants, and skirts the border of the Square Mile, the epicentre of the British financial sector.
REIT Asset Management, corporations that own and manage a portfolio of real estate properties and mortgages, contracted Pellings, an RSK company, to help refurbish 23 luxury apartments to maximise sales. Pellings was hired because of its extensive experience drafting and tendering contracts and its ability to multitask and deliver end-to-end services for all aspects of a widespread project.
London-based personnel attended weekly marketing meetings with the client to incorporate and develop feedback from marketing campaigns and potential purchasers. The 36-week contract led to 100% sales success. The contract sum and final account were about £1.2 million; contracts for individual flats ranged from full remodelling and fit-out at £150,000 to interior refurbishment at £25,000. Individual flats achieved sales of up to £2 million. Word of the project’s success spread.. Within weeks, a high-profile client hired Pellings to act as architect, interior designer, surveyor and project manager for the refurbishment of two flats in Ivory House.