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Whilst a dedicated in-house team handles
all aspects of operations, (including acquisitions, refurbishment,
maintenance, surveying, lettings, rent reviews and management),
the group also recognises the valuable contribution that can
be made to the success of the business by external consultants
and experts.
Surveyors
Structadene has excellent relations with many property agents
and firms of surveyors. Effective introductions are always
recognised and agents are retained for commercial lettings
where appropriate.
Lenders
The group has built strong links with more than 25 lenders
including many of the major high street banks and building
societies. With a preference for conservative levels of gearing
with medium-term amortisation and fixed interest rates, the
group's relationship with its lenders is crucial to its success.
Lawyers
To increase speed and efficiency in all property transactions,
Structadene employs an in-house lawyer. However, the group
also works with a panel of external solicitors, mainly small
to medium sized firms where personal relationships are important.
Auditors
Auditing, tax advice, corporate structuring and company secretarial
work are carried out by accountants Hacker Young.
Brokers
Although finance is usually arranged in-house, Structadene
utilises brokers from time to time when special sources of
funding are required.
Joint Venture
Partners
A number of Structadene's properties are held jointly with
other parties, including private and public property companies,
banks and private investors. Structadene is always keen to
enter into joint ventures either for investment or development.
Partners may be active or passive.
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