Transforming a development brief into reality requires careful management of many complex moving parts.
Joint Venture Solutions - The public sector is one of the biggest land and property owners in the UK. Utilising our deep understanding of local authority accommodation requirements, we can help identify and unlock surplus sites or redundant buildings which may be ripe for redevelopment. We can then identify suitable private sector development partners to deliver much needed housing social housing.
Forward Funding - Forward funding provides developers with certainty over financing the delivery of a scheme as well as safeguarding their exit once the project has been completed, while investors are more likely to secure a much stronger yield than if the scheme had already been built in acknowledgement of their increased risk exposure. Utilising our extensive knowledge of the capital markets, we can tap into our network of funds and institutional investors to identify potential development partners and negotiate the agreement between the parties.
Loan Security Valuation - Developers may seek to secure a loan against their existing assets in order to release funds to facilitate the construction process. We can provide a RICS Red Book-approved valuation report, taking into account factors such as location, condition, current market conditions and income generation profile, to enable financial institutions to make an informed decision in respect of the secured lending request.
Development Finance - Finance costs can vary widely depending on the individual’s circumstances and the lender’s attitude towards risk. Choosing the wrong lender can heavily affect the profitability of a scheme. Through our detailed understanding of the residential development process and leveraging our extensive lender relationships we are able to structure debt and equity, or a blend of the two, to create a bespoke product on the best possible terms.
Project Management - We work closely with our clients from the outset to develop a deep understanding of their requirements, advising on the initial brief including, team selection and procurement, design, specification, cost planning and programming, through to procurement of contractors. Using a blend of development and project management skills, we are able to shape a scheme which maximises returns and set out a route map to optimise delivery through procurement to completion. With a robust plan, our highly experienced team, will lead the project through all stages by taking responsibility, working collaboratively and being decisive. We also administer the building contract through the procurement, construction, handover and conclusion of the construction process.
Project Monitoring - We provide an independent advisory service to investors and lenders connected with a development project to act as their eyes and ears during the construction process, highlighting any potential issues which may affect delivery and protecting their interests.