Project Management

Showing posts for project management

24 June 2024

Natural disasters, resilience and value

The impact of natural disasters Recent adverse weather conditions in the UAE have focused attention on the impact of natural disasters on real estate. This includes impacts associated with climate change, such as flooding caused by changes in precipitation patterns and also the potential impact of rising sea levels, increasing heatwaves and regional droughts. However, the events in the UAE […]
22 June 2023

Does sustainability pay? How is the Gulf integrating global best practice?

Perspectives on sustainability Architects, planners and regulators alike all favour sustainable buildings, each with good reason: to design, shape and order new developments that will benefit the planet and improve the environment. The upcoming COP28 Conference in Dubai,[1] and the prioritisation of carbon emission reductions through the circular economy as an integral part of 2023 as the Year of Sustainability,[2] […]
18 January 2023

How effective is real estate as an inflation hedge? A perspective from the Gulf

GCC Inflation: perception and reality At the beginning of 2023, the consensus perspective is that the global economy is far from out of the inflationary woods yet. After a global average of 8.8% last year, opinions now diverge as to the curve of the downward trajectory this year, from the IMF’s global estimate in October 2022 of 6.5%1, to a […]
7 September 2022

The significance of Gulf IPOs for real estate

IPOs have come back into fashion In the Gulf, they have done so in spectacular fashion. 2021 was itself a record year for IPOs globally, but in contrast to the slowing global IPO market the tempo did not let up this year in the region. Ernst & Young reported that MENA IPO markets saw fifteen IPOs during Q1 2022.[1] In […]
22 March 2022

Bahrain F1: The long term economic and real estate benefits

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 […]
11 November 2021

Lessons from the past, pointers to the future. What impact do Expos have on real estate markets?

Expos signal to the world Expos have long been the subject of attention from economists and real estate analysts alike. The first modern fair was held in Paris just after the French Revolution in 1798, on the site where the Eiffel Tower now stands, whilst the 1851 Great Exhibition brought diversity to London for the first time. By 1928 Expos […]
5 September 2021

Formula One and real estate — a winning team?

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 […]
24 August 2021

Why choose Cavendish Maxwell for all your property needs

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 […]
9 August 2021

Ayla project – Jordan

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 […]
9 August 2021

Industrial facility, plant and equipment – Abu Dhabi

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. […]
9 August 2021

Office, factory and warehouse development – Dubai

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 […]
8 August 2021

Five Star Hotel – Abu Dhabi

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 […]

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