Prime City Office Building, London EC4

Client

Deloitte LLP / NAMA

Property description

Fully operational 50,000 sq ft serviced office

Background

The Client was appointed as administrator(s) to the serviced office company on behalf of NAMA and Belstone Management Services was then instructed to take immediate possession of the building at less than four hours’ notice.

Brief

A guarding team was appointed to oversee security at the building 24-hours a day. The guards managed front of house duties alongside the team of daytime receptionists and also to assist with other management roles around the building. As part of this process, Belstone took on the existing building management team under TUPE.

Belstone was also instructed to oversee other aspects of the day to day running of the building, including cleaning and specialist IT systems management, which was successfully sub-contracted out to a reliable niche firm.

Outcome

Through careful integration of new and existing staff, Belstone was able to ensure the continued seemless operation of the building and thereby retain all of the 23 tenants. This in turn enabled the client to successfully market the building and achieve a sale at a level in excess of their expectations.