Who Are We?

Ampersand, the developers of the scheme to date, has invited Commercial Estates Group (CEG) to join the team and assist in the delivery of this major regeneration project. CEG and Ampersand have a long-standing, close relationship and both parties consider this alliance has been hugely beneficial in arriving at this scheme for Carlyon Bay. CEG is the development manager for Carlyon Bay and has a management agreement with the owner.
 

CEG, a property company which specialises in mixed use and regeneration projects throughout the UK, has significant experience in property and development. On behalf of three investors, CEG currently manages over 30 development projects across the country of which around 15

involve regeneration.

Commercial Estates Group:

Key Facts

• CEG was established in 1989 and is broadly skilled with offices in London, Harrogate and Carlyon Bay, Cornwall. The company previously operated as Commercial Estates Management Limited "CEM".
• CEG utilises its management, investment, development and financial skills to add value to property assets throughout the UK. It is entirely owned by the Directors.
• CEG together with related entities, "The Group" is active in the office, industrial, retail, residential and mixed use sectors.
• The Group's UK portfolio extends throughout the country, totals 8.1 million square feet and has a capital value of circa £650 million, rental income of £38.6 million and an estimated rental value of £55.7 million. The total equity of The Group is £190 million.
• The Group is a rapidly developing business seeking to continue its growth by investing both in its existing projects and new acquisitions.
• CEG employs a total of 50 personnel at its offices in London, Harrogate and Cornwall.