Didier Tandy and Stephen McBride, former Valad/Scarborough/Teesland colleagues, have launched a new property investment and development company - Sunny Day Capital - with plans to take advantage of opportunities currently in the UK property market.
Didier Tandy and Stephen McBride, former Valad/Scarborough/Teesland colleagues, have launched a new property investment and development company - Sunny Day Capital - with plans to take advantage of opportunities currently in the UK property market.
The company, which aims to realise a portfolio upwards of £100 mln (EUR 114 mln) within 18 months, will focus particularly on value add opportunities across all sectors.
The company will also work alongside longstanding joint venture partners including Kevin McCabe’s private Scarborough, particularly in distressed property workouts. The company has already acquired three properties in Central London including 40 Long Acre, Covent Garden, from Aviva for £4.8 mln.
