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Delancey Real Estate Asset Management Ltd is a British property development company with an experienced and longstanding investment advisory team, perhaps best known for jointly purchasing the Olympic Village used in the 2012 Olympics. Currently based in Marylebone, London and Singapore, Sandaire is an investment office that delivers tailored investment portfolios and solutions for wealthy families and foundations.
These two big players have decided to join forces in creating a new company, Mount Kendal, which essentially allows Sandaire’s clients to invest directly in property, unlike before. The new firms’ focus will be directed on – although not solely based on – the UK market.
Ultra-wealthy individuals account for over 25% of commercial investment volumes worldwide, a figure that Eugene O’Sullivan, surveyor and director at Morgan Pryce says, “will only increase as the gap between the rich and poor increases”.
This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.