c group developments brochure
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C Group Developments brochure presentationTRANSCRIPT
INVESTOR PORTFOLIO
C Group is a property developer engaged in the creation of high specification, beautifully designed buildings and interiors in prime destinations
C Group Developments was set up over 2 years ago by its two Founders with over 40 years’ experience in residential development to capitalise on residential development opportunities available in Central London.
Since its inception 2 years ago, C group has acquired 3 developments in prime central London and built a pipeline of developments, establishing deal origination and deliverability.
C Group’s strategy is to establish an allocated source of equity funding (£100m) that will enable the company to progress its pipeline and enhance the ability to secure further opportunities.
The Development strategy is focused on prime and central London residential developments, which will offer a range of services depending on location including concierge service, leisure facilities and private parking. Location and product are key ingredients to create a product that appeals to international and domestic markets.
| THE TEAM
EXECUTIVEROSSANO MANSOORI-DARA CEO and Founding Director
Founding director of a leading niche residential UK developer with over £1 billon worth of developments including city centre mixed use and high rise towers. Responsibilities included deal sourcing, concept development, design and marketing. He practised corporate finance law in new york and worked on deals in excess of $30 billon.
CHRISTOPHER BROWN COO and Founding Director
Established a construction /development company and PM consultancy business, with a focus on high‐end London residential property and development consultancy in Europe. He was European Project Director to a Saudi PFO, and strategic consultant on a range of destination resorts including a $1.5 billion project in Turkey.
André Mansoori-Dara Sales and Marketing
With over 16 years in Sales and Marketing of which 12 years was spent as head of sales and marketing with a leading uk residential developer. His main responsibilities included brand development and marketing for the group and all developments. As Head of investor sales he negotiated sales in excess of £500 million and over the years has established strong global connections in the property industry.
ADVISORYJOHN GATLEY Commercial
Former MD of Capital and Regional plc an asset manager and property investment group. He has extensive experience in property fund management including structural and financial planning, construction, fund governance and investor relations. He has developed over 5 million sq ft of commercial real estate in the UK, Europe and South Africa.
MARC TITMUS MATHER Structured Finance
Marc worked as a principal and investment banker on a Pan‐European basis for 10 years. He has led teams focusing on both public and private real estate mergers and acquisitions, capital raising, debt financings, restructuring and distressed sales, and principal investments. Marc is currently a Director at GI Partners.
Previously, he worked as a property developer with Tishman Speyer Europe and as a real estate investment banking Director with Bank of America Merrill Lynch, ABN Amro, and NIBC Real Estate Investment Management, where he was Head of UK Real Estate Investment Banking and Principal Investments.
Charlotte Robb Design
Founder of Lawson Robb, a leading architecture and interior design practice formed in 2003, specialising in the design and delivery of high end residential homes, apartments and houses in London and overseas.
C Group brings together a professional team with relevant and extensive experience across all necessary disciplines to execute the development and delivery of projects
C Group executives have strong and intimate working relationships, built up over the last 20 years. These working relationships bring together exceptional levels of market knowledge, quality, expertise, and experience, including:
• sourcing properties through a global network of contacts and key agents
• Proven ability in selecting designers, project managing the design, construction, furnishing and handover of a wide range of developments and private commissions in prime central London and elsewhere
• Understanding the growing complexity of developments and the demands of discerning wealthy clients
• Creating inspiring, innovative and exclusive lifestyle solutions
• Achieving sales volume through an international network of agents and investors
For each project a team of professional advisors is appointed appropriate to the project. Extensive due diligence is carried out prior to acquisition testing assumptions options and delivery mechanism, including:
• In depth market research into relevant product, mix and size of units, level of specification
• Selection of key consultants – planning, architecture, interiors, project management, sales agent
• Forming a financial structure to execute the project combining equity investment, mezzanine investment, alongside senior bank debt
• A sales strategy to support the expected investor returns and finance structure including potential for pre sales and market demand
| CURRENT PROJECTS
“There is a wider trend which has had an even larger impact on the london market. Global wealth creation, especially in asia, russia, the middle east and africa, this has created huge funds of money which needs to be invested”
COURTFIELD GARDENS SOUTH KENSINGTON
The redevelopment of 6,500+ sqft property to create 5 luxury Apartments
ACQUISITION: 4.8mDevelopment: 2.9mFINANCE: 0.8MTPC: 8.5MGDV (net sales) 11.7M
PROFIT: £3.2m
source: knight frank 2012
UPPER BROOK STREET MAYFAIR
The redevelopment of 5,000+ sqft property to create luxury apartments opposite the American Embassysy
ACQUISITION: 8.7mDevelopment: 5.1mFINANCE: 1.3MTPC: 15.1MGDV (net sales) 26M
PROFIT: £10.9m
EATON MEWS NORTH BELGRAVIA
The development of a 4 storey mews house including new lower ground floor and mansard extension
ACQUISITION: 3mDevelopment:t: 1.5mFINANCE: 0.2MTPC: 4.7MGDV (net sales) 6.7M
PROFIT: £2m
“London’s prime residential market has defied the globaleconomic downturn. Over the past three years every twist in the financial crisis has been greeted by yet another affirmationof the city’s exceptionalism”
| PIPELINE OPPORTUNITIES
GROSVENOR GARDENS MAYFAIR
A refurbishment development of over 85,000 sqft to create 44 apartments and car parking spaces, linked to hotel services and a exquisite spa and gym Facilities y
ACQUISITION: 92mDevelopment: 52mFINANCE: 12.7MTPC: 161MGDV (net sales) 209M
PROFIT: £48m
source: knight frank 2012
BONDWAY VAUXHALL
A new build mixed use development of two 47 storey towers, creating 297 apartments, hotel, cinema, student accommodation and retail spacey
ACQUISITION: 40mDevelopment: 100mFINANCE: 10MTPC: 150MGDV (net sales) 200M
PROFIT: £50m
BROMPTON ROAD KNIGHTSBRIDGE
A new build development in the heart of Knightsbridge creating 11 superb spacious apartments together with concierge, car parking and spa and leisure facilities
ACQUISITION: 35mDevelopment: 35mFINANCE: 10MTPC: 80MGDV (net sales) 105M
PROFIT: £25m
SHEPHERD STREET MAYFAIR
A unique new build, gated, courtyard development of 4 houses with extensive garaging for each property
ACQUISITION: 15mDevelopment: 7mFINANCE: 2MTPC: 24MGDV (net sales) 30M
PROFIT: £6m
ENNISMORE GARDENS KNIGHTSBRIDGE
Redevelopment of 3rd & 4th floors of this period townhouse, creating exceptional living space, 3 bedrooms and 2 bathrooms, covering 2,823 sqft
ACQUISITION: 6mDevelopment: 2mFINANCE: 0.5MTPC: 8.5MGDV (net sales) 10.5M
PROFIT: £2m
FOUNDER PROFILESROSSANO MANSOORI-DARA
Rossano Mansoori-Dara was educated at Ampleforth College, Yorkshire and Downing College, Cambridge where he received a Masters in Law. He went on to qualify as a Barrister in the UK and also an Attorney in New York.
From 1987 to 1994 he practised Corporate Finance Law for both Willkie Farr & Gallagher and Rogers & Wells, New York where he worked on deals in excess of $30 billion.
In 1994 he was a founder of a residential property business which became one of the premier niche residential development companies in the UK with over £1 billion worth of development under construction or in the pipeline in the UK.
He is a founding partner working alongside Christopher Brown in establishing C Group with a focus on deal origination, branding, marketing and sales.
CHRISTOPHER BROWN
Christopher Brown was educated at Haileybury College and St Edmunds Hall, Oxford where he received an MA in Engineering Science.
From 1985 to 2005 he established a construction development and consultancy business, focused on high end residential London property and advising on destination leisure development. In 2003 he founded a property development company Life Properties which developed award winning homes in the Home Counties. He was an advisor to a Saudi PFO on acquisition and disposal of over £40 million commercial property and the development of £30 million of prime London residential property.
International consultancy projects include resort development in Portugal and Tuscany. As a senior associate to Locum Consulting he provided destination strategic advice on projects ranging from Theme Park in Italy, hospitality development in Eastern Europe and a $1.5 billion resort project in Turkey.
He is a founding partner working alongside Ross Mansoori-Dara in establishing C Group with a focus on appraising new opportunities financial analysis and development management.
FOUNDER TRACK RECORDOver the past 20 years, C Group founders have delivered a wide range of projects in London and elsewhere.
Our experience includes (estimated values today):
Kensington & Chelsea
planning and conversion of Victorian building to apartments £10m. CB – developer
Westminster Mayfair
renovation of 15,000 sqft houses of Grade I and Grade II £60m. CB – development manager
Hampstead
Hampstead – reconstruction of Grade II 6,000 sqft house £9m. CB – Architectural PM and D&B Contractor
Holland Park
redevelopment of large lateral apartments £6m. CB – PM
Belgravia, Knightsbridge, Chelsea
design and development of exclusive private residences. £2.20m. CB – D&B Contractor Notting Hill
Mews development £1m. RM-D – Developer
West Kensington
project management of LTA Headquarters building at The Queen’s Club £20m. – CB Architectural PM
LondonTimber Yard, Hoxton 12 apartments and 27 live/work units. Awarded The London Evening Standard Award for ‘Best New Development’ in 2003 and the prestigious Civic Trust Award 2004. £30m. RM-D – sales & marketingCity Lofts
Surrey
Developed a number of executive homes with values c £2m. Established Life Properties which went on to develop village and executive homes in Guildford and surrounding area and was awarded Best Developer environmental award. CB – developer
Nationwide
Large scale city centre residential led mixed use developments yielding over £1 billion: Glasgow, Newcastle, Manchester, Liverpool, Leeds, Harrogate, Nottingham, Cardiff, Brighton, Chatham, Southampton, Guildford RM-D – developer, sales / marketing at City Lofts
| EXPERIENCE
GROSVENOR BUILDINGS HARROGATE
conversion of grade ii listed building to create 33 apartments and 16,000 sqft of speciality retail space
Scheme value £9.6m
QUEEN’S WHARF READING
Conversion of redundant 60’s offices to create 78 apartments and 8,000 sqft of office
Scheme value £19.8m
DRYSDALE STREET, HOXTONLONDON
New build development creating 12 apartments and 27 live/work units, 24,000 sqft of office space and 30 underground parking spaces
Scheme value £16.8m
St ANN’s Quay Newcastle
new build waterfront development of 91 apartments, 30,000 sqft of office space pre let to the government and 11,000 sqft restaurant, bar and retail space
Scheme value £28.5m
81 AVENUE VICTOR HUGO PARIS
conversion of Haussmann-era palace town house to create 27 serviced apartments
Scheme value £67m
VANTAGE QUAY MANCHESTER
new build development creating 117 apartments
Scheme value £23.2m
| EXPERIENCE
PRINCES DOCK LIVERPOOL
new build development of two linked 20 and 10 storey towers creating 162 apartments, 99 parking spaces and ancillary commercial space
Scheme value £38.7m
ROBERTS WHARF LEEDS
New build development of 198 apartments and 91 car parking spaces with 13,500 sqft office space
Scheme value £38.7m
QUAYSIDE LOFTS NEWCASTLE
New build development of 66 residential apartments in three blocks, 49 underground car parking spaces and ancillary commercial space
Scheme value £14.9m
SALFORD QUAYS MANCHESTER
New build development of two linked 19 and 9 storey towers creating 203 apartments and 134 parking spaces
Scheme value £45.1m
ADMIRAL HOUSE CARDIFF
new build development of 167 apartments, including the provision of 27 key worker apartments
Scheme value £29.2m
ST PAUL’S SQUARE SHEFFIELD
new build development of twolinked 32 and 12 storey towers creating 322 apartments and ground and first floor commercial space
Scheme value £67m
CONTACTS
C Group Developments Limited
7 Curzon Street
London W1J 5HG
Telephone +44 (0) 203 291 2917
CHRISTOPHER BROWN +44 (0) 771 006 6355
ROSSANO MANSOORI-DARA +44 (0) 797 435 3165
André Mansoori-Dara +44 (0) 796 704 9005
www.cgroupdevelopments.com
DISCLAIMERThe information presented herein is based on current information and has not been independently verified. C Group have given care and attention to the preparation of the information but cannot guarantee the accuracy or completeness of the information and accepts no responsibility for the accuracy. No liability whatsoever is accepted and no representation, warranty or undertaking, express or implied, is or will be made in relation to the contents of the information contained herein by C Group or any of C Group’s agents, directors, employees, advisors or representatives. The information shall not be interpreted as advice to investors on the purchase or sale of specific financial instruments. Investors are encouraged to source advice from expert advisors in relation to any financial and/or investment issues including legal, tax and securities.