Property Management Consultancy

The benefit of appointing us goes beyond our experience.  We are ready to make bold and imaginative use of an exceptional array of skills and integrated in-house resources to ensure your investment achieves its full potential.

What we provide: 

1- Strategic Review: Project ‘Health Check’

  • Site visits and client meetings – objectives, project history, background information and planning
  • Assessment of demand: socio-economic evidence
  • Rental targets – market segmentation
  • SWOT analysis of location and intended product offer
  • Outline of competing schemes with comparable evidence
  • Review of master plan and unit designs
  • Architect liaison: Assess impact of design on future property management and asset enhancement
  • General project “Health Check

2- Objectives and Outline

  • Outline recommendation for optimum development: Product mix, unit types, price points, branding and servicing
  •  Key project definitions: identity, market position and critical ‘brand attributes’
  • Outline recommendations for operational partners
  • Commercial projections, highlighting GDV, and cumulative IRR

3- Branding and Operator Partners

  • Recommendations for retail and leisure third party operators
  • Investment offer design, approach to and agreement with operators
  • Architectural recommendations: building design, materials and specifications (external and internal)

 4- Legal Framework

  •  Lease structuring to ensure both operation and investment opportunities protected
  • Rental procedures: framework and timing for pre-lets, heads of terms documents, rental payments
  • Review above agreements, providing direct feedback to project lawyers
  • Recommendations for structure of ongoing property management: tenant rules and regulations, management services
  • Service Charge budgeting, organisation and administration
  • Insurance benchmarking

 

 
 
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Property Management Consultancy – Over a period of two years our role was to provide active implementation consultancy on Best Practice property management operations raising standards within their existing operations in Kuwait to a higher international level.   This involved management training, provision of policy and procedure manuals, team restructuring, introduction of key performance indicators and advice on PM and CRM software.

 

 

Key contacts

Donald Bradley

Donald Bradley

CEO Northern Gulf

Savills Bahrain Head Office

+974 7033 0600