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Ballymore Group's UK managing director is John Mulryan, who is a son of the founder. [ 2 ] [ 3 ] In January 2015, Ballymore announced a deal with Malaysian property investment company, Eco World, in which Ballymore sold its Wardian London , Embassy Gardens and phase two of its London City Island development to Eco World for £428m.
It was built by property development company Ballymore [2] and designed by architects Skidmore, Owings and Merrill. [ 3 ] [ 4 ] The Ontario Tower is a primarily glass and aluminium design. Its roof is sloped, with a blue LED -rimmed elliptical profile.
In 2014, it was reported that Ballymore had engaged Lazard and CBRE Group to raise about €2.5bn to fund the Embassy Gardens development. [ 3 ] In June 2017, 25 apartments were released for sale by EcoWorld Ballymore with prices for the homes that overlook a sky pool starting at £1million.
Ballymore Group was founded in 1982 by Mulryan, then aged 28, who is the chairman. Ballymore has become one of the biggest providers of residential space in London. [ 9 ] In 2017, it was reported that the previous year's profits at the UK arm of Ballymore had increased almost three-fold to £154.9m (€217.6m). [ 10 ]
The planning application was submitted by GVA Grimley on behalf of RT Group Developments, a wholly owned subsidiary of Domaine Developments Limited, which is in turn a wholly owned subsidiary of Ballymore. It was submitted on 25 January 2006 and registered on the same day.
In England and Wales, the Commonhold and Leasehold Reform Act 2002 provides a right for leaseholders to change the appointment of the management of their building to another provider, by setting up a special company to take over from the freeholder those rights of appointment of management of the building. [1]
Ballymore, County Cork, a village on Great Island, Cork Harbour; Ballymore, County Donegal, a townland in Glencolumbkille civil parish; Ballymore Eustace, town in County Kildare often shortened to "Ballymore"
It converted to Real estate investment trust status and changed its name from Slough Estates Group to SEGRO in 2007. [ 5 ] [ 6 ] In 2009 it acquired Brixton plc . [ 7 ]