BDC Magazine - Online version December 2015 Issue - 216 | Page 38

mainstay.qxp_feature 2 21/10/2015 13:40 Page 36

PROPERTY MANAGEMENT SPECIAL: MAINSTAY GROUP

ONTO AND INTO THE FUTURE

become instructions. This means that we

coming up with an asset management pack-

Mainstay may already be, by far the most

invest a great deal of time working along-

age which goes beyond collecting the rent

accredited and accomplished managing

side our clients, working up-front before

and offering services to their tenants by

agent within the UK, and it already boasts

they even go to market, ensuring we

offering a full asset management package,

a calibre of service unrivalled in quality,

deliver an excellent management plan

we'll be able to ensure that buildings are

communication and delivery; however

and package such that we can advise

able to be run as efficiently as possible and

Mainstay is not a company to remain still.

them on how to set up the correct corpo-

provide the best value services and utilities

Looking to the future, Mainstay is keen to

rate structure and use the right leases to

for those buildings. This is all to ensure that

maintain its position at the forefront of the

ensure that their schemes are manageable

those buildings can then justifiably be run

industry, not only in providing a service at

and cost effective.

with a positive return, which is something

the cutting edge of delivery, but also driv-

“Incredibly important to us is that we're

ing forward sector-wide innovation, and

able to keep up with the needs of the mar-

Will Mainstay be able to achieve this

improving the ways in which a managing

ket itself and, at the moment what we're

goal and offer a sustainable package for

agent can effectively integrate into the

very keen to deliver is, what would be the

PRS? Only time will tell, however, if any-

business of clients to support a shared

very first PRS [build to rent in the private

one can, Mainstay can. We'll be keeping a

aspect of prosperity.

that nobody else is currently offering.”

sector] management package to the indus-

close eye on Mainstay's progress in the

David illustrates: “We have a signifi-

try. Clearly there isn't a great deal of build-

coming years, and perhaps, so should you.

cant pipeline of opportunity so it's vitally

ing going on as of yet, but there's many

important for us to drive those forward

plans and from a client perspective it's real-

toward completion, and that they then

ly going to be about investor return. So,

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