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The Vacant Property Specialists
Minimise Risk
Generate Revenue
Damian Woods
‘Is temporary use the answer to keeping empty properties from falling
derelict in an economic downturn?’
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Camelot Europe
• Established in 1993
• 17 offices, 6 countries
• 2011 Turnover >€ 16 million.
• Expected growth turnover in 2012 is 25%.
• Over 200 employees
• Market leader throughout Ireland & Europe
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The Vacant Property Specialists
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Technical Risk
• Water / Leak
• Fire
• Overdue maintenance
• Dilapidation
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Economic Risk
• Under-insurance
• Depreciation
• Future use compromised
• Planning & development
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Social Risk
• Magnet for trouble
makers
• Lost sense of
community
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The One Stop Solution:
• Tailored advice
• Bespoke solution
• Range of services – 6 product groups
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Live-in Guardians
• Key workers as temporary
occupants
• Quick solution
• Cost savings in comparison to
traditional methods of
security
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Protection by Occupation explained
■ An occupied property is less likely to fall foul of Vandalism, Burglary,
Degradation and Squatting than an unoccupied property.
■ Property gets protected – lights on, people coming and going over
critical periods of evenings and weekends.
■ Guardian gets the benefit of low cost accommodation, in return for
being “Responsible adults acting as the eyes & ears of the owner”.
■ Owner is guaranteed to get their property back when they want it.
(No Tenancies)
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Criteria for becoming a Guardian
• Process Governed by BSI 7858:2008 (Vetting).
• Employed, single persons or couples.
• Proof of identity (Passport, Drivers License).
• Copy Utility Bill in their own name plus copy bank statement
• Employers reference
• Independent Character Reference
No Students, Families or Pets
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Guardian Obligations
• Amicable sharing.
• Keep room & property clean and tidy.
• Report any issues to Camelot on 24-hour manned emergency
number.
• No parties.
• No overnight guests
• Give 4-weeks notice when moving.
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Our Guardians
Name: Michelle
Age: 24
Occ.: Lab Technician
Living in: House, Dublin
Name: Adrian
Age: 27
Occ.: Social Worker
Living in: Factory, Dublin
Name: Linda
Age: 25
Occ.: Development Officer
Living in: Convent Dublin
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Comprehensive
Property Care
Clear Financial
Benefits
Totally Flexible
Protection
The Camelot Solution
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Effective
Property in permanent use
Message to neighbourhood: movement of people, cars,
lights on during evenings and weekends
Camelot Guardians care for the property like
their own home
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Economic
Permanent protection for less than the cost of conventional
security methods
e.g. the protection of an average 100,000 sq ft site with 10
doors and 100 windows:
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Actual Example: Hotel in North East –
Insured Value €15m.
IF LEFT VACANT
Insurance Cost (part risk) € 30k pa.
24 Hour security € 125k pa.
Decommission cost € 8k (one off)
Total Costs: € 163k pa.
Annual Costs: € 155k pa
IF OCCUPIED BY CAMELOT
Insurance Cost (all risk) € 15k pa.
Make Ready Costs € 12k (one off)
Management Costs €13k pa.
Total Costs: € 40k pa.
Annual costs: € 28k pa.
Total Cost Savings: € 123k
Total Annual Savings: € 127k pa.
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Cost break-down
plus an intake fee
repairs of smashed windows
new locks
Install / remove shower cabinet and electric
shower
Utility bills
Insurance
2. Cost of making the property habitable e.g.
1. Weekly Management fee: €40 - € 500
3. All outgoings of the premises
.
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Property Requirements
Wind / Water tight, electricity and
cold water
Change locks (non-copy keys)
Repair non-secure entrances
Replace smashed windows
Install refuse containers
Install mobile shower units
Install “Camelot Safety Pack”
(fire blanket, extinguisher and
smoke alarm)
Our mobile shower unit
Camelot provides the most cost-
effective price to return property to
occupiable condition
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1. Building survey & evaluation
2. Installation of temporary facilities
3. Guardian intake
4. Building management
5. Building handback
The Camelot Solution can be in place within 48 hours!
In Steps
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MyCastle
Secure online access to your property portfolio
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Real time view across property portfolio
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Exclusive portal for Camelot clients
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Receivers
Client: Receiver
Property type: Warehouse, Dublin
Camelot Solution: - 7 Guardians
- Occupied since June 2007
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Religious Organisations
Client: Receiver
Property type: Convent, Rathfarnham
Camelot Solution: - 6 Guardians
- Occupied since April 2006
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Developers
Client: Dorrington Properties Plc
Property type: Housing Development, Carlow
Camelot Solution: - 2 Guardians
- Occupied since Feb 2010
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Investors
Client: Devonshire
Property type: Hotel & complex
Camelot Solution: - 8 Guardians
- Occupied since October 2010
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Private Clients
Client: Private Client
Property type: Listed building, Dublin
Camelot Solution: - 4 Guardians
- Occupied since June 2007
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The Camelot Solution works…
Camelot Property Management has managed thousands of
properties in Ireland and across Europe
Minimal on going costs
Your portfolio is in use
Fully protected
Additional benefit of providing temporary housing for the local
community
Now make it work for you!
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The Vacant
Property Specialists
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Facilities Management
• Experience to deliver a range of
services
.
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Decants
(Additional considerations)
Increased level of communication
between client and Camelot
Agreed & clearly defined intake process
Timing, the process is started earlier to
avoid delays
Fixed budget pre-approved for repairs if
required, with any units needing more
than agreed level discussed before
proceeding
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Make Space Pay
Generating revenue from vacant
property
Innovative, professional service that
creatively makes use of vacant space.
Maximises returns during periods of
vacancy.
Extensive expertise in the world of
filming, photo shoots, advertising &
events
Camelot manage every aspect of
income generation from inception to
completion.
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Events
Client: Housing Trust
Property type: Warehouse
Camelot Solution: - Book Launch
- Elephant Family:
preparation for event at
Edinburgh Fringe
Festival involving the
storage and painting of
200 life size animal
sculptures.
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Film Shoots
Client: Council
Property type: Former School
Camelot Solution: Filming of:
•Channel 4 Paralympics
promo
•BBC series ‘Some Girls’
•Channel 4 series ‘Threesome’
•TiVo commercial
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Photo Shoots
Client: Council
Property type: Country House
Camelot Solution: - Photo shoot – Hero magazine
- Photo shoot – Telegraph’s
Stella magazine
- Photo shoot – Linda
Brownlee
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Professional Training
Client: Housing Trust
Property type: Loading Bay
Camelot Solution: - High access rope
training S-A-S
- Theatre rehearsal space
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Workspace
• Flexible office space for Start-
ups/ small businesses
• Generate revenue
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Traditional Security
• Manned Guarding
• Alarms
• Metal Boarding
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Camelot Property Insurance
• Underwritten by Tokio Marine for
properties sum insured over £5 million
• Dedicated insurance model:
• Wider cover
• No unnecessary security
measures
• Competitive premiums
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• Provide an understanding of
current consumption
• Check accuracy of bills
• Benchmarking
• Analysis of potential savings
Energy scan
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Residential Building, 90
apartments
Energy supplier incorrectly billed € 121,000.00
€ 66,000 gas savings from energy management
in 3 years
Electricity consumption reduced by 40% by
installing subsidised solar panels.
€ 157,000 gas saving through energy
optimisation in over 3 years
€ 94,000 electricity savings through energy
optimisation