Mayfield Property Group

Mayfield is an established Central London development, advisory, and investment management company which specializes in residential and mixed-use projects.

Our proven track record demonstrates our ability to originate and execute projects on time and budget whilst generating above average market returns.

We take pride in our delivery of high quality, sustainable, design led developments which enhance their surroundings whilst also maximizing returns.

1980

parent company founded

100+

years combined senior board experience

200+

completed transactions

£400m

gross development value

28%

average IRR

144%

peak IRR

2.1x

average
equity multiple

350,000

square feet of
prime development

About us

Mayfield is a family owned and managed company that adopts a long-term view in relation to its investments and the partners it works with. This sustainable approach has led to consistent growth and repeat business with our partners.

Our in-house team of specialists comprise the vast skill sets that are required for the successful execution of the projects that we carefully select to undertake, which encompass design, development, finance and marketing.

Comprising some of the most experienced and respected professionals in the sector, our senior management team has a proven track record that demonstrates an ability to unlock complex sites, optimise design and value engineer projects to create deliverable, fundable and highly profitable development opportunities across the central London market.

Our holistic approach to development and ability to secure best value has resulted in our status as the trusted partner of choice for some of the most respected investors and financial institutions worldwide and has resulted in us achieving industry leading Internal Rates of Return and best in class status.

Our Heritage

Mayfield has evolved into its current form following the incorporation of Commodore International in 1980, which was grown into the fifth largest privately-owned Travel & Leisure Group in the UK, with an annual turnover exceeding £55m.

Commodore diversified into property investment in 2000, and then into property development in 2006 through the incorporation of Commodore Homes. Commodore further diversified into investment management in 2009 through the creation of Curzon Asset Management alongside a prominent Saudi merchant family as a 50/50 Joint Venture.

Commodore International was subsequently sold in 2011 for the highest EBITDA multiple achieved in its industry. Following this sale, the Group’s activities have been focused on property development, advisory, and investment management.

Key Timeline Events

1980

Commodore International is incorporated

1992

Commodore International is recognized as a market leader for its award-winning industry innovations

1998

Commodore International is grown into the 10th largest privately-owned Travel Company in the UK

2000

Commodore diversifies into property investment

2006

Commodore Homes is incorporated to act as the Group’s development company

2009

Curzon Asset Management is incorporated and becomes the Group’s investment management company

2010

Commodore International grows into the 5th largest privately-owned Travel Company in the UK

2011

Commodore International is sold for the highest EBITDA multiple achieved in its sector

2012

Mayfield is adopted to rename the Group’s retained property and investment management companies

2018

Mayfield’s combined project value exceeds £400m

Our Business

Mayfield operates across a broad range of property sectors; our principle activity is residential and mix-used development. We fund these projects directly of our own balance sheets or through joint ventures that we undertake with our selected investment partners.

Through our ability to combine development expertise with active fund management, we are able to structure equity and leverage debt so as to achieve above average market returns, which has led to our best in class status.

We have formed partnerships with some of the most respected investors and financial institutions worldwide, and our track record of delivery means that we are the trusted partner of choice for many major global institutions, listed companies and landed estates who want to gain greater exposure to London’s property market.

What we do

Market Awareness

Our widespread market presence ensures an extensive deal-flow and that we are made aware of opportunities early, usually on an off-market basis. This coupled with our continuous monitoring of the latest market trends and growth areas ensures that we are best placed to take advantage of opportunities as they arise.

Site Identification & Feasibility

We have an unrivalled network of agents which assist in our ability to identify development opportunities with the greatest potential. Once a site of interest has been identified our in-house professional team and specialist external consultants will undertake a vigorous scrutinizing process to ensure its viability and deliverability.

Due Diligence & Structuring

Once a lucrative opportunity consistent with our investment criteria has been identified, we forensically oversee the entire legal due diligence process with our legal counsel to ensure no hindrance exists that would prevent the implementation of our development plans. Optimum structuring is also provided for and is tailored to the specifics of the transaction.

Financing

We are IRR driven and achieve above average returns in part due to the innovative financing structures that we adopt, which are made possible through the specialist expertise of our in-house team, coupled with the strong relationships we have with extensive financial institutions worldwide, and our successful track record of delivery.

Development Management

Our ability to successfully execute development projects on time and budget is the foundation of our business and the cornerstone of everything we do. We have one of the best senior management teams in the industry and an in-house team of specialist which enables us to tackle any complex challenges that may arise and complete projects with optimum efficiency.

Sales & Exit Management

Maximising sales value is a key tenet of our business which we achieve by ensuring layouts, design, and specifications are best in class; we do this by working alongside award winning architects and interior designers, whilst carefully tailoring our offerings to our target market. We work closely with our appointed sales agent, and implement a standout marketing campaign, which ensures prompt sales.

More

OUR DEVELOPMENTS

We are meticulous in our approach to selecting which development projects to undertake; at the outset each and every opportunity that we consider is forensically analysed by our in-house specialists, professional team, and legal counsel, in order that all associated risks are identified so as to ensure that our business plan may be implemented without hindrance.

London Focused

Mayfield is a Central London based development company which has contributed to the development of London for over 20 years. This extensive track record has been a key factor to Mayfield’s success as amongst other things it has provided an intimate knowledge of the London market generally as well as its various submarkets. Mayfield is opportunity driven and therefore not confined to any particular London location but rather will seek out the most lucrative and risk adjusted opportunities out there whilst taking account of the prevailing market conditions.

Lucan Place

Chelsea • London • SW3

Cleveland Street

Westminster • London • W1

Logan Place

Kensington • London • W8

Shaftesbury Avenue

Covent Garden • London • WC2

Curzon Street & Stanhope Gate

Mayfair • London • W1

Page Street

Westminster • London • SW1

Bayswater Road

Bayswater • London • W2

Phillimore Gardens

Ealing • London • W3

Grange Walk

Bermondsey • London • SE1

Long Walk

Bermondsey • London • SE1

Bermondsey Street

Bermondsey • London • SE1

Ebury Mews

Islington • London • N5

Chiswick High Road

Chiswick • London • W3

Grosvenor Road

Grosvenor Road • Mayfair • London • W1

Our Partners

Establishing and nurturing long term relationships that are built on trust and respect are the foundations of our business. The strong and deep-rooted relationships that we have forged with some of the most respected investors and financial institutions worldwide, which has led to repeat business, is testament to the high standards that we operate to. Some of the major global institutions that we have transacted with are illustrated below.

Our News

Mayfield often appears in national newspapers, international publications and the property industry’s press. In this section you will find a selection of news items that report on Mayfield and our current activities. For any further information please contact our office.