QP Advisory
A bespoke team of experts providing a global perspective on commercial real estate investment and the capital markets that enable it.
Development Management
We work closely with you to identify the drivers for implementing a more appropriate real estate investment. We have developed a robust methodology to provide you with a detailed development feasibility and ‘optimised opportunity value’ analysis.
We identify a tangible business case and prepare a strategic brief and other core project requirement to establish a better understanding of the potential utilisation of your real estate asset.
These will be developed, at a later stage, into project objectives (including quality objectives, project outcomes, sustainability aspirations, initial concept project budget, and other parameters or constraints) to draw up the initial Project Brief.
Our Methodology
We will obtain an understanding of the market trends in the real estate area you entrust us with.
We prepare cost models to estimate the cost of the construction and finishes dependant on the anticipated type and use. The results of this model will be incorporated in the financial model.
We carry out financial models to provide a financial analysis overview and represent the financial performance of the proposed development. We identify revenue from sales or rent based on current market trends and potential.
We draw up a development area matrix intended to identify the right uses mix for the maximum/ best utilisation of the site.
Services
In the initial phases, we primarily carry out a desktop study on applicable data in terms of policies and regulations, potential activities and market demands, and comparative cost and revenue streams. We collate information on the real estate asset such as topographic and bathymetric surveys, geotechnical data and the like.
We familiarise ourselves with the real estate asset, assess potential, identify shortfalls and define potential interventions.
In context of the real estate metrics, we evaluate indicative cost that can be applied to the potential development components and the potential schemes proposed on it. We understand the potential revenues associated to these development components.
We establish and determine the best rate of return for the development use. We will study each development uses if we are to consider more than one use.
We determine the most profitable use of the development in the context of the preferred business model and select the most appropriate mix in terms of end use, revenue and return on investment. We draw up a development area programme expected to achieve the best opportunity value from the development of the site.
This reflects the optimal building use in terms of return on investment, efficiency in use and envisaged market demand (and actual supply) and defines the gross building areas and the estimated net leasable areas.
Through development opportunity, we identify potential development strategies, and give clear indications of the real estate opportunities that are to be developed further. The ‘highest and best-use’ analysis is shared with you to make an informed assessment of the proposed development.
The pre-concept development master plan is intended to broadly outline the development that is being considered by you and is presented in a graphical manner. It will form the basis of the project briefing and detailed design development to be carried out in the subsequent stages of the project. The graphical visualisation visually provides our Clients with a clear and realistic medium to understand the intent for the proposed development.
We are cognizant of the importance of reputable partners on your real estate development projects. We work closely with you to assist you in identifying the right partner whether it’s an investor, a developer, a financing institution, an operator or a tenant. We draw up a
tangible and robust business plan essential to assure potential stakeholders of the suitability of an investment in the project.