Property Private provides expertise in the process of the development of land and buildings. It assumes responsibility for both the costs and revenues associated with a particular development.
This includes:
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the initial technical and financial assessment of land for purchase or use
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negotiating the acquisition of land
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dealing with contaminated land and the geotechnical improvement of poor soils
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the engagement of a range of external specialist consultants necessary for the particular project
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dealing with local councils, other relevant authorities and other stakeholders (including neighbours) to achieve the optimum design and management solutions and to secure the necessary approvals for any project
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dealing with financiers in relation to all of the above
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engaging with contractors to undertake civil or building works
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undertaking the various stages of the construction design process – scheme design, detailed design, value engineering
- assistance in the programming of construction works
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contract administration - dealing with variations, extensions of time, contractor claims etc
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establishing a marketing strategy and engaging real estate agents to market the project
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negotiating sales or leases with occupiers
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dovetailing all the above contractual commitments to meet technical, market and financial parameters
All of the above requires technical expertise, a knowledge of both the occupier and investment market conditions, an ability to negotiate a suitable leasing package, and a clear appreciation of the financial structures and requirements of a third party funder.
