{"id":23378,"date":"2020-09-09T09:51:09","date_gmt":"2020-09-09T05:51:09","guid":{"rendered":"https:\/\/www.middleeastevents.com\/blog\/?p=23378"},"modified":"2020-09-09T09:51:09","modified_gmt":"2020-09-09T05:51:09","slug":"knight-frank-middle-east-launches-development-management-service-line-with-strategic-alliance-partner-tcn-gcc","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/knight-frank-middle-east-launches-development-management-service-line-with-strategic-alliance-partner-tcn-gcc\/","title":{"rendered":"Knight Frank Middle East Launches Development Management Service Line With Strategic Alliance Partner TCN GCC"},"content":{"rendered":"<p>Responding to inquiries by our Clients and increasing demand for value-added real estate development consultancy services, Knight Frank Middle East has recently launched a Development Management Service Line in partnership with TCN GCC.<\/p>\n<p>The new service line fills a key market gap in professional real estate services by providing Clients with real estate development expertise in the project execution stage to buttress Knight Frank&#8217;s existing development consultancy service line offering.\u00a0 The service line leverages Knight Frank&#8217;s market reach, brand name recognition, and Client interface systems with the technical development management expertise provided by the TCN GCC team.<\/p>\n<p>TCN GCC&#8217;s development management team has over 75 years combined real estate development delivery experience across a variety of real estate asset classes, with projects delivered totalling a gross development value of over USD $5-Billion.\u00a0 TCN GCC&#8217;s Directors and senior advisors are all former senior development executives for blue-chip GRE developers in the GCC such as, Nakheel, Qiddiya, Aldar, KIZAD, and RAK Properties and bring a wealth of client-side development delivery expertise in a flexible consulting format.<\/p>\n<p><strong>James Lewis, Managing Director of Knight Frank Middle East &amp; Africa said<\/strong>\u00a0&#8221;We are excited to offer our Clients a unique value-added service line that goes beyond the traditional real estate consultancy offering of studies and reports. Through the technical expertise and extensive client-side exposure of our Strategic Alliance partner TCN GCC, Knight Frank Middle East is now able to provide Clients with an end-to-end professional development solution which we believe meets our Clients&#8217; current and future demand for value-added services.&#8221;<\/p>\n<p>The development management service line provides Clients with project delivery services across all project stages from business case to delivery and handover:<\/p>\n<ul>\n<li>Business Case \/ Investment Strategy \/ Development Plan \/ Sales and Marketing Strategy \/ Procurement Strategy \/ Asset Management &#8211; disposal &#8211; retention strategy<\/li>\n<li>Design Brief \/ Value Engineering Workshops \/ Constructability Analysis<\/li>\n<li>Manage tender for design and technical consultants and PM \/ manage all consultant contracts including technical aspects (design review) and commercial (invoices, etc.)<\/li>\n<li>Establish construction procurement strategy \/ float and manage construction tender\/ evaluate site construction progress at critical project junctures.<\/li>\n<li>Manage product launch \/ oversee the Defect Liability Period (DLP) period \/ Manage tender for FM \/ PM \/ other service providers as-needed<\/li>\n<li>Ensure construction loan close-out \/ loan close-out \/ CRM system for delivery and customer handover<\/li>\n<\/ul>\n<p><strong>Harmen de Jong, Partner, Real Estate Strategy and Consulting at Knight Frank Middle East commented &#8220;<\/strong>Clients looking for real estate development advice are often being guided by career consultants with a track record in market research and financial modelling but without any senior client-side experience of actually delivering large-scale real estate development projects from start to finish. Through the strategic alliance, we are going to change this by involving senior real estate development professionals from TCN GCC within a value-added development consultancy service offering.&#8221;<\/p>\n<p><strong>Kaveh Samsamy, Partner at TCN GCC stated\u00a0<\/strong>&#8220;This Strategic Alliance provides our Clients with the &#8220;best of both worlds&#8221;; Clients will benefit from Knight Frank&#8217;s market reach, brand name recognition, and Client interface systems, combined with TCN GCC&#8217;s niche technical project delivery expertise&#8221;.<\/p>\n<p>The development management service line provides Clients with the ability to access professional real estate development execution expertise in a variety of flexible commercial formats such as secondment of professional development expertise into the Client&#8217;s team, short-term and monthly assignments as well as long-term end-to-end project delivery.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-23379\" src=\"https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/09\/A-300x108.png\" alt=\"\" width=\"300\" height=\"108\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Responding to inquiries by our Clients and increasing demand for value-added real estate development consultancy services, Knight Frank Middle East has recently launched a Development Management Service Line in partnership with TCN GCC. The new service line fills a key market gap in professional real estate services by providing Clients with real estate development expertise [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23379,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/23378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=23378"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/23378\/revisions"}],"predecessor-version":[{"id":23380,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/23378\/revisions\/23380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/23379"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=23378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=23378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=23378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}