Lisburn based company OKTO Technologies secures new contracts and creates 25 new jobs

The recent contract award for a new ultra-prime Private Members Club means Lisburn-based OKTO Technologies has been awarded its third adjacent project in one of London’s prestigious property districts.
By Julie-Ann Spence
Published 8th Feb 2023, 11:05 BST
Updated 8th Feb 2023, 11:22 BST
Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now

Worth over £12m to OKTO, the business wins confirm the company’s status in the high-end property development sector and add to its extensive portfolio of world-renowned clients.

It also creates 25 new job opportunities at the innovative company which bypassed its ambitious growth targets in 2022.

Hide Ad
Hide Ad

The three neighbouring projects - referred to as the ‘£1bn Triple Crown of Luxury’ due to their collective value – are located where Belgravia meets Hyde Park and Buckingham Palace. This much sought-after corner of London is already a global symbol of wealth and luxury, known for its opulent homes, hotels, and restaurants.

Philip Dowds, Managing Director at OKTO Technologies with James Menzie, Project Manager and Corin Hawthorne from OKTO TechnologiesPhilip Dowds, Managing Director at OKTO Technologies with James Menzie, Project Manager and Corin Hawthorne from OKTO Technologies
Philip Dowds, Managing Director at OKTO Technologies with James Menzie, Project Manager and Corin Hawthorne from OKTO Technologies

The three projects include 24 bespoke apartments at The Peninsula London (believed to be the largest and most expensive new apartment development currently on sale in London); a 62,000 sq ft private home; and an exclusive Private Members Club at 6 Grosvenor Place.

OKTO will be designing and installing the technology infrastructure including IT, Building Management Systems, Security, Lighting Control and Audio-Visual to ensure each property delivers the best possible service for their occupants and staff.

On site throughout 2023, OKTO will be working to a tight deadline to complete the complex and highly unique technology infrastructure for each of the neighbouring properties.

Hide Ad
Hide Ad

While details are restricted due to client confidentiality, when complete the properties will provide London ‘homes’ for some of the world’s top industry captains, international dignitaries and celebrities.

Read More
Lisburn man Prof Mike Mawhinney is appointed as the Sheriff of Co Down

Managing Director, Philip Dowds said: “This is a major achievement for OKTO and solidifies our position as the premier provider of technology solutions for luxury properties and large-scale projects.

"We can’t wait to see venues such as 6 Grosvenor Place come to life and to know we have played our part in creating the ultimate luxury experience for its members.”

He added: “Our turnover in 2022 has exceeded our £10m target and with job creation at the top of our agenda, we plan to grow further and faster in 2023 and beyond.”

Related topics:Lisburn