Real Estate Management

What Real Estate Management does

Real Estate Management (UK) Limited (REM) is a London-based, privately held real estate asset and property management firm operating exclusively in the central London market. Founded in 2012 and incorporated in England and Wales, the company manages a portfolio exceeding £3.2 billion in assets and 1.9 million square feet of premium mixed-use lettable space across six landmark properties: The Shard, The News Building, Shard Place, Shard Quarter, Park House, and 48 Pall Mall. REM's client base comprises institutional property investors, property owners, commercial tenants, and — through the 2025 launch of Shard Place — high-net-worth residential tenants.

REM delivers services through five interconnected lines: Asset Management, Property Management, Marketing & Placemaking, Construction Management, and Development Management. Revenue is generated through a mix of recurring asset and property management fees, managed services for facilities and security, and project-based professional services for development and construction work. The company employs over 200 site-based personnel at The Shard and a 15-person executive team with more than 350 years of combined central London real estate experience. Pricing is contract-specific and not publicly disclosed, with the exception of Shard Place residential apartments starting at £700 per week.

REM does not operate proprietary technology platforms; service delivery relies on standard commercial IT systems, RICS-accredited processes, and certifications including ISO 9001, ISO 45001, OHSAS 18001, BREEAM 2011 Excellent, and GDPR compliance. Distribution is direct to institutional clients via field sales relationships, supplemented by leasing partnerships with JLL and Knight Frank for residential stock. There is no evidence of M&A activity, external funding, or geographic expansion outside London.

Name

Real Estate Management

Legal name

Real Estate Management (UK) Limited

Website

https://remlimited.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

Real Estate Management (UK) Limited is a London-based real estate firm providing asset management, property management, development, construction, and marketing services across a £3.2 billion portfolio of landmark central London assets, serving institutional property investors, commercial tenants, and high-net-worth residential renters.

Ownership category

akta.pro rank

Product category

Real Estate Asset Management

NAICS

Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

akta.pro secondary industries

Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF), Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Space & Occupancy (MAC, Space Planning, Move Management) (BPABAAAG)

Keywords

• Commercial property management
• Real estate asset management
• Property development services
• Construction project management
• Marketing and placemaking

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Asset Management Fees: REM charges fees for comprehensive asset management services including overseeing rent, service charges, insurance, and providing financial and legal reporting across the managed portfolio.
2. Property Management Services: Fees for day-to-day property management including facilities management, engineering, energy management, occupier fit-out management, marketing, property accounting, security, and health and safety.
3. Development Management: Services for development projects including financial appraisal, project team appointment, securing planning approvals, cost and programme management, and maximising commercial value through optimised design and market positioning.
4. Construction Management: Construction management services including managing procurement and delivery of major construction projects, appointing and managing consultant teams, and assuming employer agent or contract administrator roles.
5. Marketing & Placemaking Services: Marketing services including property branding, PR, development marketing, placemaking, and tenant relations to maximise commercial performance and long-term asset value.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Real Estate Management (UK) Limited (REM) provides end-to-end real estate services spanning asset management, property management, development management, construction management, and marketing and placemaking for premium central London properties. The company manages a portfolio of 1.9 million sq ft of premium lettable space across landmark assets including The Shard, 48 Pall Mall, Park House, The News Building, Shard Place, and Shard Quarter, overseeing more than £3.2 billion in assets on behalf of institutional investors and property owners.

Product overview

Real Estate Management (UK) Limited (REM) is a single integrated real estate services company offering end-to-end property development and asset management services. The company operates through five interconnected service lines: Asset Management (managing investment portfolios and leasing), Property Management (day-to-day operations and facilities), Marketing & Placemaking (branding and tenant engagement), Construction Management (project delivery and fit-outs), and Development Management (planning and redevelopment). REM manages a portfolio of six landmark London properties: The Shard (Western Europe's tallest building), 48 Pall Mall, Park House, The News Building, Shard Place, and the Shard Quarter estate. The company oversees 1.9 million sq ft of premium lettable space and a £320 million development pipeline, with total assets exceeding £3.2 billion.

Differentiator

Problem solved

Functional benefit

Products and services

• Asset Management Comprehensive asset management for premium London real estate investors and owners, covering investment portfolio oversight, leasing, lease restructuring, financial review, and acquisition support across a 1.9 million sq ft portfolio.
• Property Management Day-to-day property management delivered by dedicated on-site teams providing concierge, security, technical and maintenance support, plus rent, service charge, insurance management and development mobilisation for complex central London buildings.
• Development Management Development leadership services including financial appraisal, project team appointment, securing planning approvals, cost and programme management, and strategies to increase long-term asset value through refurbishment, lease restructuring, change of use, or comprehensive redevelopment.
• Construction Management Construction management for developments and existing buildings, including project team appointment, consultant team management, employer representation, tender process management, and progress reporting to ensure delivery on time and within budget.
• Marketing & Placemaking Specialist marketing services including property branding, PR, development marketing, placemaking, and tenant relations to maximise commercial performance and long-term asset value through impactful campaigns.
• Shard Place Luxury build-to-rent residential development at Shard Quarter comprising 176 apartments with rooftop pool, fitness suite, cinema room, and private roof garden, managed end-to-end by REM from design and construction through fit-out, leasing, and ongoing property management.

Quantifiable outcome

• 81.5% recycling rate achieved at Park House through sustainability initiatives
• +5 more outcomes

Named customers12 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered core and minor.

• Global Counter Terrorism Preparedness Network (CTPN)coreStrategic or Co-development Partner · 1 January 2024Andy Donaldson (Head of Security) appointed to CTPN on behalf of the Security Institute. CTPN brings together leaders, practitioners, academics and experts to shape city-level policies enhancing resilience against terrorism. Funded by Stockholm, London, and Washington DC.
• RecorracoreStrategic or Co-development Partner · 1 January 2016Recorra is the waste management and recycling partner for Park House and The Shard since 2016. Partnership has achieved 81.5% recycling rate at Park House and delivered interactive recycling education events. Recorra creates plastic stools from difficult-to-recycle materials like sweet wrappers.
• Principle Cleaning ServicesminorImplementation/ SI/ Consulting Partner · 1 January 2016Partner in sustainability initiatives at Park House since 2016, working alongside Recorra to transform waste management practices.
• JLL (Residential)coreChannel Partner/ Reseller/ DistributorJLL (Jones Lang LaSalle) is the exclusive residential leasing agent for Shard Place, handling apartment rentals and enquiries for the 176 luxury build-to-rent apartments. Contact: [[email protected]] +44 (0)7764 804384
• Knight Frank (Residential)coreChannel Partner/ Reseller/ DistributorKnight Frank serves as residential leasing agent for Shard Place apartments, partnering with JLL for rental marketing and tenant placement. Contact: +44 (0)7971 745746
• London Bubble TheatreminorGTM or Marketing PartnerCommunity partnership with local theatre group. REM donated 13 refurbished iPhones and 2 laptops to support the charity's technology needs. Partnership includes fundraising events hosted at The Shard.
• Better Buildings Partnership (BBP)coreStrategic or Co-development PartnerJane Wakiwaka, REM's Head of Sustainability, is a board director and chairs the Owner Occupier Forum. REM is a member of BBP and participates in initiatives including the Green Lease Toolkit development.
• Renzo Piano Building Workshop (RPBW)coreImplementation/ SI/ Consulting PartnerArchitectural practice responsible for Shard Place design. Each apartment is designed to be flooded with daylight with remarkable views of London's skyline. RPBW is internationally acclaimed architectural firm.
• State of CraftcoreImplementation/ SI/ Consulting PartnerMultidisciplinary design studio responsible for furnishing Shard Place apartments. 20 differing layouts designed to foster connection to surrounding outdoor urban landscape.
• Richeldis Fine ArtminorImplementation/ SI/ Consulting PartnerArt curation partner for Shard Place, providing individually curated artwork throughout the building with over 1,000 artworks placed.
• Dan Pearson StudiominorImplementation/ SI/ Consulting PartnerLandscape architecture firm responsible for 13,000 sq ft of landscaped public realm at Shard Place.
• Security InstitutecoreStrategic or Co-development PartnerAndrew Donaldson is both a fellow (FSyI) and Director of the Security Institute, responsible for counter terrorism and allied matters strategy.
• United States Overseas Security Advisory Council (OSAC)minorStrategic or Co-development PartnerAndrew Donaldson is a member of OSAC, contributing to international security collaboration.
• Royal United Services Institute (RUSI)minorStrategic or Co-development PartnerAndrew Donaldson is a member of RUSI, contributing to security research and policy.
• Macmillan Cancer SupportminorGTM or Marketing PartnerCharity partner for annual Macmillan Coffee Morning events across REM properties (The Shard, Park House, 48 Pall Mall), raising vital funds for cancer support.
• Old Spike RoasteryminorGTM or Marketing PartnerCoffee supplier for Macmillan Coffee Morning events at The Shard, donating coffee for the charity fundraiser.
• London Chinese Community CentreminorGTM or Marketing PartnerTraditional Chinese Lion Dance performance provider for Lunar New Year celebrations at The Shard, bringing good luck and happiness through energetic performances.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Knight Frank: Knight Frank is a UK-headquartered global real estate consultancy providing residential and commercial property management, asset management and advisory services across prime central London. Direct overlap with REM as a current leasing partner for Shard Place and a competing London prime property manager.
• JLL (Jones Lang LaSalle): JLL is a global real estate services firm with deep UK and London presence across property management, asset management, investment sales and advisory. Direct overlap with REM as a current leasing partner for Shard Place and a primary competitor for institutional asset management mandates.
• Lambert Smith Hampton: Lambert Smith Hampton is a UK-focused commercial real estate consultancy offering property management, valuation, building consultancy and asset advisory. Mid-tier UK competitor to REM for institutional asset and property management mandates, especially outside the very largest global firms.
• Grosvenor Property UK: Grosvenor is a privately-held international property group with deep London asset and property management operations. Direct comparable on prime London asset management — and notably the former employer of REM's CEO Michael Baker — competing for the same institutional and family-office mandates.

Broad incumbents

• CBRE Group: CBRE is the world's largest commercial real estate services firm offering property management, investment management, valuation and advisory globally. Competes with REM for prime London institutional mandates but operates across a much broader portfolio and geography.
• Cushman & Wakefield: Cushman & Wakefield provides property management, asset services, capital markets and valuation across global commercial real estate. Overlaps with REM in London prime asset and property management but serves a much wider global client base and asset mix.
• Savills: Savills is a UK-headquartered global real estate services firm with strong central London residential and commercial management presence. Closely comparable to REM on prime central London property management, but with broader geographic and asset-class reach.
• BNP Paribas Real Estate: BNP Paribas Real Estate is the real estate arm of BNP Paribas providing property management, investment management and advisory across Europe with a strong UK office. Direct comparable on UK asset management and a former employer of REM's Head of Asset Management.
• Colliers: Colliers is a global real estate professional services firm offering property management, investment sales, valuation and project management. Overlaps with REM on London prime asset management and competes for institutional mandates.
• Avison Young: Avison Young is a global commercial real estate services firm providing investment sales, property management and project management. Comparable to REM as a competitor for institutional London mandates but operating globally across all asset classes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rem-limited
• Xx.com/remlimited

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Real Estate Management