Bahrain was first to build a track and host a Formula One (F1) race in the region, but there was competition. The UAE, Egypt and Lebanon were all potential alternative candidates, but in 2002 the FIA came calling and Bahrain beat their internal competition, as a result of a firm commitment to deliver a race by 2004. It was of […]
The first modern fair was held in Paris just after the French Revolution in 1798, on the site where the Eiffel Tower now stands. By 1928 Expos had gained both codification and their own organisation. Subsequent Expos have been well-recognised landmarks of human achievement, for example, the New York World Fair of 1939 showcasing US technological innovation and the Shanghai […]
There are several potential multiplier effects of hosting a Formula One race on real estate. The most obvious one is the effect F1 races and similar events bring on hotel, serviced apartments and short-term let occupancy rates, and therefore valuations. Some have referred to the way in which any F1 event is a platform for local hotels and conference facilities […]
It is a great time to invest in Dubai but knowing where or what to invest in can be a daunting task. It is prudent to find the best real estate companies in Dubai to help you make that decision. Dubai real estate agencies and investment advisors bring together buyers and sellers across the industry, providing critical local knowledge and […]
Our client is working on a new mixed development, including a hotel surrounding manmade unique lagoons. We have been tasked with providing technical reports which will be used to facilitate the good management of the development. This will include an assessment of the operations and the FM aspects of the property, including the assets and an assessment of service charge […]
Client: FALCON Zinc Metal Industries LLC Location: ICAD2, Abu Dhabi Project Value: AED 15.5 million Purpose: Project monitoring services for new build facility Project Background To obtain bank funding for their new build project, Falcon Zinc were required to appoint an independent 3rd party to inspect the works on site and verify the payments due to the contractor are correct. […]
Client: McCormick Middle East FZE Location: Jebel Ali Free Zone, Dubai Project Value: AED 27 million Purpose: Project management services for new build facility Project Background McCormick is a spice blend production company with factories in the US, UK and Europe supplying food manufacturing companies worldwide. McCormick’s business in the Middle East was growing and they required a new office […]
Client: Benoy Architects Location: Abu Dhabi Project Value: AED 2 million Purpose: Project management, condition survey and 3D BIM model Project Background On behalf of the concept architects, we were appointed to carry out several key tasks in a large and complex project involving the alterations and extension of an existing five star hotel in Abu Dhabi. Also serving as […]
We undertook an initial document audit and progress payment certificates for the above property. This included a review of all documentation provided by the client including payment certifications, variations, delays and all relevant contract documents. We provided comment on the progress of the development as a whole, highlighting the progress of works in percentage terms.
Client: Stratum Owners Association Location: Dubai Purpose: Property inspection handover report Cavendish Maxwell were instructed to undertake a Property Inspection handover report for B2B tower. The building was newly constructed at the time of inspection and we were able to establish a number of items of work that the contractor had to complete.
Client: Asteco Property Management Location: Jumeirah Lake Towers, Dubai Project Value: Confidential Purpose: Property inspection handover report Project Background Cavendish Maxwell were instructed by Asteco to undertake a Property Inspection handover report for MAG 214 located in Jumeirah Lakes Towers. The building had been occupied and operational for nine years which presented us with a challenge to accurately apportion responsibility […]
Client: Binghatti Developers Location: Dubai Silicon Oasis, Dubai Project Value: Confidential Purpose: Property inspection handover report Appointed by our client Binghatti Developers, we undertook a Property Inspection Handover Report on a G+9 residential tower located within Dubai Silicon Oasis. We undertook an inspection of all the property’s common areas, including plant rooms, gym and swimming pool and highlighted a number […]
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