Month: January 2018
20 January 2018
YardNine launches with maiden development 80 Fenchurch Street
Maxwell Shand and Campbell MacDougall, former directors at Exemplar, have launched YardNine, a property development and asset management company.
YardNine’s maiden project will be the 240,000 sq ft office development at 80 Fenchurch Street, EC3.
YardNine is bringing forward the speculative development on behalf of Partners Group, with construction set to begin in February.
Maxwell Shand and Campbell MacDougall have a track record of working together successfully over more than 12 years, with projects including The Rex Building, EC4; One New Burlington Place, W1; and the London Fruit & Wool Exchange, E1.
Campbell was Exemplar’s construction director, while Maxwell was a director responsible for sourcing, financing and delivering commercial and mixed-use development projects.
Maxwell Shand, Founding Director of YardNine, said:
“When Dan Van Gelder and Clive Bush made the decision to have a break, Campbell and I saw it as a great opportunity to set up a company to continue the great work that Exemplar had been doing. With our complementary skill sets, between the two of us we can cover the development process from end to end.
“There’s a very limited pipeline of grade-A office development due to be delivered in the City from late 2019 to the end of 2020, and 80 Fenchurch Street is excellently placed to meet this demand.”