Managing Director (Developments)
George Kyriacou, Managing Director (Developments) of CIT talks about how CIT and Mace have worked together on commercial and residential projects since the 1990s, including City Hall in 1998 and South Bank Tower, completed this year.
- Can you tell us about CIT?
- We are a privately owned property company specialising in commercial, residential and mixed use development mainly in London, but we also have a presence in Germany and New York. Our in house development team is currently delivering some of London’s most exciting landmark schemes. We have talented and dedicated people who work for us and are constantly adding to our talent pool.
- How did you come to work with Mace?
- CIT and Mace have a successful track record of delivering commercial and residential projects together, dating back to the 1990s. The first project we did with Mace was City Hall, which commenced in 1998. This was, particularly at the time, technically very challenging, but was delivered on time and on budget to enable the Mayor at the time (Ken Livingstone) to incept the Greater London Authority and take up office. The success of this project led to Mace delivering the majority of the More London buildings.
- How are CIT and Mace aligned?
- CIT tries to engage with the contractor at an early stage of a project to ensure that they are brought on board as part of a collaborative team, all working on the same side. We are keen to benefit from the buildability and procurement expertise a company like Mace has at an early stage of a project. We also try to make our key objectives and drivers clear to the team, so that they are fully understood and so that we can all work towards them.
- Can you see CIT working with Mace again?
- This is likely, given our understanding and strong track record.
“CIT and Mace have a successful track record of delivering commercial and residential projects together, dating back to the 1990s.”