Dec 24, 2021
Construction, facilities management, and other real estate components are always changing and evolving around the world. Now, London is home to a new development of sustainable housing based in Burnt Oak. Built by Yiannakis Polycarpou, founder and chairman of Polytek Group, this new and revolutionary approach to real estate development has been moving at impressive speeds.
The residential development project was initially launched in January of 2021, and less than twelve months later, the first houses are complete. The first homes will be on the market and ready for purchase in January 2022, with the following completed houses expected to be ready by June 2022.
The transformation of a vacant former industrial site has brought ample improvements to the surrounding community. Polytek's Burnt Oak project is not a typical real estate development, but a revolutionary one in a variety of ways.
Security and sustainability have been at the forefront of the Burnt Oak project development. Gated private residencies and designated parking is offered for the new residential developments. Energy-efficient lighting and natural ventilation have all been included during the building of this project to ensure sustainability.
Yiannakis Polycarpou is the leading force behind the Burnt Oak project and a number of other developments. He is turning the page on a new era of construction, facilities management, and maintenance. This is a big journey from where he began as an electrician in London during the 1970s.
Yiannakis Polycarpou began his family-owned business Polytek was initially launched in 2005. Now, less than two decades later, his company has a workforce of over 150 employees. With offices in London and Dubai, Polytek is now a £30 million turnover.
All of this growth and success can be greatly credited to Yiannakis Polycarpou and his entrepreneurial approach. He has a sharp, inquiring mind that still keeps in touch with his roots. Yiannakis Polycarpou has stated that his aunt once told him, "Land is sacred. Own land, and you can't go wrong."
Following this advice has led him to the foundation of his business. Working not only in construction but also in facilities management, Polytek is a reliable and leading force within the real estate industry. Engineering and building services, electrical services, ancillary, life safety, and HVAC services are all provided by Yiannakis Polycarpou's growing company. Polytek has even become one of the first construction and facilities management companies based in London to accept payments with cryptocurrency.
Polytek boasts a large and diverse portfolio of clients in both public and private markets. Local authorities, landlords, facilities maintenance, and consulting engineers are just some of the clients that Polytek works with. When it comes to choosing the best investments, Yiannakis Polycarpou recommends relying on these factors- working with skilled experts, long-term potential investments, and constantly developing.
Yiannakis Polycarpou's revolutionary new approach has allowed Polytek to become a driving force of innovation within the sector. Along with the Burnt Oak development, there are sure to be more exciting projects with Polytek in the near future.