Yard Nine working on £400m scheme at 50 Fenchurch Street

The developer behind Eric Parry’s £400m scheme at 50 Fenchurch Street has brought in a director from Gardiner & Theobald to beef up its project management business.

Nikos Michalakis spent five years at G&T where he worked at the consultant’s PM business having spent a decade as a surveyor at Morgan Sindall’s fit-out firm Overbury.

He has now joined Yard Nine as an associate director at the firm which is also behind Edenica, a new 12-storey office development at 100 Fetter Lane being built by Mace. Yard Nine, which was set up in 2017 and has a development team of six, also worked on EightyFen, the new home of Arcadis, built by Skanska.

nikos

Nikos Michalakis spent five years at G&T

Michalakis said: “This was an exciting opportunity to join a company that understands and values the strategic importance of being able to advise clients throughout the various stages of the development process.â€

Bids from Mace and Multiplex for 50 Fenchurch Street are due in before Christmas with a winner due to be announced in the spring. Client on the scheme is 22 Bishopsgate owner AXA IM Alts which bought the site last summer.

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