Block management specialist LRPM has opened a new London office in Camden as it capitalises on growing demand for expert management of high-rise residential developments affected by post-Grenfell building safety regulations.
The expansion sees LRPM hire four new staff members, including a dedicated property manager.
It follows the hire in July of a specialist in high-rise developments – expertise that has become increasingly valuable as building owners grapple with complex new compliance requirements introduced following the Grenfell Tower tragedy.
LRPM is specifically targeting high-rise residential blocks containing between 100 and 300 units, a segment where regulatory complexity and management challenges have intensified significantly since the implementation of the Building Safety Act 2022 and associated fire safety legislation.
SPECIALIST KNOWLEDGE
The Camden office positions LRPM to serve London’s extensive portfolio of high-rise residential developments, many of which require specialist knowledge to navigate the new regulatory landscape whilst maintaining efficient operations and cost control.
Letitia Randell, Chief Executive of LRPM, says: “The post-Grenfell regulatory environment has fundamentally changed the requirements for managing high-rise residential blocks.
“Building owners and leaseholders need partners who understand not just the traditional aspects of property management, but the complex web of safety compliance, resident communication and regulatory reporting that now defines this sector.
“Our expansion into London reflects both the demand we’re seeing and our confidence in delivering the specialist expertise these developments require.”
TRANSPARENT FEE STRUCTURES
LRPM has built a reputation for transparent fee structures, exceptional service delivery, and ethical practices – notably refusing to accept payments or incentives from suppliers, ensuring all procurement decisions are made solely in clients’ best interests.
The firm is targeting 400% growth over the next three years, driven by what management describes as a “perfect storm” of regulatory complexity, increased building owner liability, and a shortage of specialists capable of managing large-scale residential developments to the new standards required.
The new London office will focus exclusively on residential blocks with complex management requirements, complementing LRPM’s existing operations whilst allowing the company to serve the capital’s substantial high-rise residential sector.
Founded by Randell in 2019, LRPM has rapidly established itself as a specialist in London’s residential property market, offering block and estate management services across both residential and mixed-use schemes. Its portfolio now spans a broad cross-section of prime and emerging locations.
