Our development branch creates unique properties globally, from beginning to end

A New Branch of our FIG Tree

FIG Developments is a branch of FIG Global Studio that focuses solely on owning and investing hotels and resorts globally.
Our development team is made up of Philip Charamboulous, Paul Lockhart and Hilary Lancaster.
We are currently developing 3 large resort projects, 2 in Cyprus and 1 in Oman, teaming up with high profile operators and brands as well as creating our own brands.

From concept to completion

From concept to construction and then to completion, we manage the entire process of property development, ensuring quality and value are at the core of each stage. We are a truly international team, which is why we’re passionate about adding value to land all over the planet. We’re also keen to deliver exceptional developments in London where we are based.

Creating Meaningful and Purposeful Places

Investing our time and resources is key to our approach, it enables us to create value throughout the entire development process. This value benefits our partners, investors and most importantly our communities. Creating meaningful and purposeful places for people to experience is what we do best, and we ensure that quality is never sacrificed for cost savings. Our long-term approach allows us to promote strong economic growth within the locations, which we invest in. We align ourselves closely with our partnering local authorities to ensure that any physical infra-structure which we deliver, connects strategically to its surrounding neighbourhoods. Nothing is looked at in isolation.

We value our partnerships

Collaboration with our development partners is key and we know how to get 100% out of our relationships by working with only the best organisations out there. At FIG Developments, we are involved in the development process from beginning to end. We identify and assemble sites, design and develop masterplans, obtain planning permission, finance and along with our construction partners we control and manage the whole construction process. Within the FIG structure we also provide masterplanning, architecture, interior design and branding. We are also open to working with other consultants and have a strong pool of partners with specific expertise depending on the location or development type.

Sustainable placemaking

We understand the value in place branding and the need for effective placemaking from a development’s earliest stages such as the naming of a place to executing mean-while use and temporary site activation. Long term, sustainable development is also a fundamental part of what we strive to achieve. We take our social responsibility as a developer and Landlord seriously and we continue to push the boundaries in order to create greener, more sustainable places for people to enjoy.

OUR TEAM

A solid team with a total of 75 years of property expertise

Phillip Charambolous, Paul Lockhart and Hilary Lancaster are the founders of FIG Developments. Each team member has their own background in property, Phil in UK property market, Paul in the UK and Asia and Hilary in the UK and across many parts of the globe. The vision of the partnership is to combine their knowledge of property from finding the sites and the investment to designing and introducing operators, to creating a sustainable business.
Through their partnerships, connections, and expertise they aim to develop outstanding hotel and resort properties internationally.

PARTNER | FINANCIAL DIRECTOR

Phillip Charamboulos

Phil has worked in Private Equity and Real Estate Development Companies. He has a great track record in the development and Planning of medium and large scale residential sites.

• Equity Funding and Finance packages for Developers
• Acquired Residential development sites for prime central London whilst working for a Family office
• Site assembly for Family office clients liaising with planning consultants and architects and banks.
• Funding, Finance, De-risking, and Joint Venture Partnerships on mixed use development
• New business Development for Land sales, acquisitions and Equity Funding.

Phil has over 20 years experience in the field of real estate development and investment. He has dealt with complex acquisitions and disposal of all types of real estate. Phil has successfully led high profile projects and has a proven track record in advising, delivering and completing deals. Phil enjoys working with dynamic and focused organisations and individuals to achieve outstanding results.

PARTNER | DESIGN DIRECTOR

Hilary Lancaster

Hilary Lancaster is an award-winning interior designer with over 25 years of international experience designing for some of the world’s most high-profile clients and projects. Hilary is the CEO of Fusion Interiors Group (FIG), a global interior design studio with 9 regional offices.

• International Resort Designer
• Creative leader and visionary
• Manages design teams globally
• 25 years of experience in design across a broad range of sectors
• Global network of construction professionals
• Global network of FF&E suppliers
• Negotiations with suppliers
• Brand and narrative creator
• Strength at designing creatively within tight budgets

• 2021 Shortlisted Brit List Awards – Interior Designer of the Year
• 2021 Winner of “Best Hotel Interior” for The Hendrick’s Hotel – The European
Property Awards
• 2020 Winner of “Best Hotel in the Americas & Caribbean over 200 Rooms” for
the Club Med Playa Esmeralda – The International Hotel & Property Awards

Hilary adds value to all her projects through her innovative approach, her passion for her work and her ability to connect with the vision of her clients. She values her relationships with her clients no matter how large or small the project.

PARTNER | DEVELOPMENT DIRECTOR

Paul Lockhart

Paul has 20 year’s commercial experience working in the UK and internationally with a range of hotel and residential projects, investors, developers and construction companies.

• International Real Estate Europe, West Africa, South America & Asia
• Deal structuring at local and government levels
• Liaising with developers and construction companies in the UK & Internationally
• Land and property negotiations
• Land acquisitions
• Property consultancy and sales
• Sales and marketing to hotels, hostels, built to rent, co-working
• Business development
• Technology & energy solutions
• Network and IT Infrastructure
• Smart buildings
• Modern methods of construction
• Supply chain.

Paul is passionate about hospitality, technology, sustainability and business development and has worked delivering innovative technology projects to major hotel brands and asset owners.

Start with a simple idea... Turn it into awesome!
Think bigger, build smarter, solve harder!
Become immersed in an experience like never before
FIG Developments