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Somerston operates a decentralised
management structure, focusing on the selection of strong local management
within its investments and empowering them to operate the business towards the
achievement of the strategy set by the Group's central management team who,
collectively, have over a century of real estate experience.
Somerston's central management
team is able to take strategic decisions and conclude transactions quickly due
to a combination of clear goals, short reporting lines and well established
relationships with bankers and professional advisors who understand the Group's
business and the markets in which it operates.
The Group's substantial
liquid resources are managed by a treasury function within the Group's Jersey
headquarters.
Somerston is able to exploit
its substantial base of private capital and its short reporting lines to take
advantage of opportunities that more bureaucratic, less liquid companies could
not realise.
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