Grammont Group is a family run property investment and development business with a history spanning over 40 years, that is the vision of its founder Ralph Uzel.
Prior to the commencement of trading, Ralph’s first entrepreneurial venture was to import major kitchen appliances into the UK market where he saw the ability to compete with domestic manufacturers. After securing an exclusive arrangement with leading German manufacturer Bauknecht, Ralph went on to become one of the first suppliers of affordable domestic refrigerators, deep freezers and fully-integrated German kitchens into the UK market.
Ralph then turned to the property market with the development of residential property in North West London in 1972, and Grammont Group was started. Ralph saw an opening in the conversion of houses into multiple dwellings for letting, at a time when building societies would not lend to homebuyers wanting to acquire such units.
In 1986, the decision was made to expand into industrial property investment. The goal was to establish a secure portfolio of strategically located assets with creditworthy tenants on leases of up to 25 years. In the early 90s, Ralph successfully took this idea to investors in Hong Kong seeking stable yield offshore, prior to the handover to China.
By the late 90s, the concept of long leases in the industrial rents market was thinning, and Grammont Group sought an alternative asset class for long term secure yield. Ralph recognised the value and security of commercial ground rents at a time when they were under-priced by the market, and once again we were an early mover in a new market.
Ralph acts today as the Chairman of Grammont Group, advising on and overseeing all aspects.
Nick has been with Grammont Group since 2015 and is jointly responsible with Daniel for all activities across the business including asset management, land promotion opportunities, financing and sales and acquisitions. Prior to this he spent 15 years at HSBC in the investment banking division where he raised equity for a number of clients including Bellway, Barratt Homes, Taylor Woodrow, Wimpey Homes and Crest Nicholson.
Daniel has been with Grammont Group since 2015, and is jointly responsible with Nick for all activities across the business including asset management, land promotion opportunities, financing, sales and acquisitions. Prior to this Daniel worked in the finance sector, including 7 years at Citi within fixed income raising over £10 billion for various EMEA project financings, and more recently for Genii Capital managing both principal investments and private placements across multiple sectors.