GRDI is a privately owned, UAE domiciled, globally focused developer of office and industrial buildings. Headquartered in Abu Dhabi, we maintain offices in Dubai, London, Manila and Hong Kong.
We invest in, develop and own buildings across the world in partnership with local best in class joint venture partners. This allows us to create platforms that combine international best practice and deep local expertise.
We have secured deals and are currently on site in Asia, the Middle East and Africa on almost 3.0m ft.2 of development with deals at some point in the development pursuit process across a further 4.2m ft.2 across 18 count rise. Along with our Joint Venture Partners, St Francis Group and Graftongate, we have significant UK experience.
GRDI is a real estate development investment company with a difference. Our business model is to work with large global office and logistics occupiers to develop buildings that create value and help optimize portfolio performance.
We are entirely tenant focused, always starting with the occupier’s requirement. We aim to create the optimum solution that’s built around their specific needs. This means identifying sites and delivering buildings that meet these exacting needs.
Unlike traditional legacy development companies, we are completely ‹site-neutral’, we are not heavily invested in or promoting a specific piece of land. We start by working with occupiers to understand their commercial, locational and technical aspirations and explore how we can create value through relocation, consolidation and restructuring opportunities.
Our ‘Built to Suit’ business model is the first of its kind in our markets. Occupier-centric, the building plan is solely designed on the main requirements of the tenant’s business – including capital, location, headcount and legacy objectives. Since the process starts before construction does, clients have the advantage of exerting the most influence over the design of the building, whether through restructuring, relocation or consolidation. Site-neutral, this is the optimal solution, especially for markets dealing with scarce property resources.
GRDI occupies a unique place at the intersection of Corporate Real Estate, Real Estate Investment and Real Estate Development.
Working with a professional and specialized build to suit developer like GRDI, we see significant opportunity for a tenant to control and participate in each part of the development process a no risk basis.
Working in this collaborative way, GRDI can create buildings that provide the optimum solution for a tenants occupational requirements.
To be the first truly globally focused occupier-centric real estate development and investment company worldwide.
To redefine the real estate development and investment industry in our designated markets, by applying the first-of-its-kind occupier-centric business model, transforming the way tenants procure and occupy.
We believe in developing buildings that create value. For that reason, the tenant is always at the heart of everything we do. We work closely with clients to clearly understand their precise needs and deliver world-class solutions, suitable to their business only.
Our work is built on three main pillars: On-time delivery, on-budget delivery and exact contracted specifications. It is the client’s requirements that guide us in every step of the building process.
More so, we highly encourage innovation and imaginative thinking. After all, it is our pioneering business model that sets us apart in our industry.
Facts & Figures
GRDI has a completed and committed development pipeline on project cost basis of $997.5m and a projected end value in excess of $1,415m.
GRDI is extremely well funded and commits a minimum of 15% of total equity to each project. We have unparalleled relationships with global decision makers in some of the worlds largest occupiers.
This access and our fully fitted development model allows us to create deals that might not otherwise be possible
Our total solution, fully integrated development model consistently helps our tenant partners reduce real estate cost by more than 20-25%.
GRDI is owned by three partners – each immensely contributing to the success story of the company.
Moreover, the rest of the management team consists of industry-professionals bringing to the table indispensable expertise as well as an extensive network of global connection.
At GRDI, we have forged strong relationships with local and international designers, consultants and contractors, as well as landowners giving us exclusive access to premium locations and landmarks.