One of the UK’s leading real estate advisory project and building consultancy teams
Our team of 80 provides technical project and building consultancy support from our nine UK offices to a broad selection of funder, landlord and occupier clients in a number of sectors. These include (but not limited to) offices, retail, industrial, hotels, residential, and retirement living.
All projects are led by a director or associate with strong surveyor support all of whom provide advice that is knowledgeable, hands-on, engaging, collaborative and non-pugilistic.
What we offer
We provide project management for an extensive range of construction projects, varying from refurbishment/fit out’s through to complete new build, acting for end user occupiers, owners, and developers. We combine commercial acumen with technical expertise.
Project ‘drivers’ always vary from client to client and project to project; we commit to fulfil the often difficult balance between programme, cost and quality or design integrity. We do this through project ownership and by never offering up a problem without a solution.
Cost control is essential in any project and we see active cost planning and financial control as a way to empower the architect to deliver architectural flair (where the client requires!) and quality – whilst complying with the budget constraints. We have a strong commitment to team work; and equality throughout the project team. This approach, and sharing of reward and responsibility results in higher standards all round.
Colliers approach to cost management on projects and programmes
We accelerate success by delivering an holistic approach to cost management that provides insight and intelligence at all stages, managing risk and delivering a return of +400% ROI on fees.
Define: 80% of the cost of a project is decided at this stage. We use our real estate consultancy expertise and market insight to set the commercial strategy and align it to the business case, setting the project up for success.
Develop: We work with the designers to help shape the solution to maximise return on investment.
Deliver: We get the best buy from the market, putting controls in place to protect the commercial position, treating client’s money like our own.
Debrief: We use the data and insight gained to help clients and our people continuously improve, accelerating future success.
Acting on behalf of a wide range of Investor, Landlord and Tenant clients, we provide a tailored due diligence building survey service, offering succinct, detailed survey reports, across all property sectors and building types.
We undertake pre-acquisition building surveys for Freehold and Leasehold purchases. We also produce Vendor surveys in connection with sales, and for bank/lending re-financing purposes. We have extensive experience in coordinating and undertaking large portfolio instructions.
We are not just limited to the UK and undertake International due diligence instructions across Europe also.
Our reports are easy to read and written in clear English, providing clear, concise commercial advice. Executive summaries at the head of our reports provide a snapshot of the main pertinent issues, with traffic light ratings allowing findings to be placed into context.
Our reports identify problems and solutions, with large quality photographs documented within the report, clearly explaining each issue. Major anticipated repair costs are identified, and categorised to state where responsibility lies. In addition to highlighting building defects, we provide summary comment on statutory compliance issues and deleterious materials, and state where specific key legal enquiries or further investigations are required.
When acting for Investors, we always assess ‘added value’ angles, analysing opportunities for increasing floor space for example. Tenants often have additional requirements to defect analysis; how they will occupy the space, access and use buildings. We always look at the bigger picture.
We can co-ordinate and manage your entire due diligence process, recommending and advising on the appointment of specialist reporting, and capturing their findings within our report. We aim to provide a ‘one stop shop’ service. We always aim to inspect a premises within 48 hours of instruction, and report within 5-7 working days.
By choosing Colliers International you can be sure that you will receive the best advice. As a purchaser, our aim is to ensure that we identify all issues that should be taken into account when agreeing a purchase price. As a Tenant, your potential liabilities will be clearly identified, with practical guidance given on how best to you protect your interests.
Our Project Monitoring experience encompasses all types of property across the whole of the UK and overseas. The works monitored range from internal fit-outs/ refurbishments through to major new developments.
We recognise the importance of the monitoring role starting at an early stage in the project to ensure that the risks in terms of time, cost & quality are managed as effectively as possible. We can also retrospectively audit works by others and are increasingly called upon to undertake ‘health checks’ on troubled developments.
We act for Commercial Banks, Pension Funds, Institutional Investors, Corporate Occupiers, Receivers and Public Sector clients.
Our clients include HSBC, Lloyds Banking Group, Al Rayan Bank, Bank Leumi, Qatar National Bank, Santander Knight Frank Investment Management, Aviva Investors, AIG Asset Management, EFG Private Bank, Deutsche Bank, Deutsche Hypo, Handlesbanken and Metro Bank.
Development/ Fund Monitoring
Acting for the equity investor or purchaser who is forward funding/purchasing a development, typically comprising an initial up front payment, funding during construction & a final payment upon completion
Acting for the debt provider to the developer with finance provided through a loan facility sometimes including a requirement by the developer to pay the first tranche of the construction costs from their own equity
How we add value for our clients
- Understanding the brief – being aware of how the project is structured and how the finance is to be provided
- Technical expertise – in house RICS qualified staff with sound technical background to ensure a complete grasp of the technical aspects
- Experience – relevant to the project in question
- Collaborative approach – working closely with the development team including attendance at project meetings to maintain a full understanding of the project
- Risk review – identifying the risks at the outset and how these will be managed during the project
- Speed of reporting – We aim to turn our reports around in a timely manner, typically within 5 days of the draw-down request
With the objective of making the most efficient use of land and maximising development potential whilst minimising cost and risk, it is essential to consider surrounding properties when looking at the design of a project.
Early advice is vital to resolving and mitigating problems that can otherwise lead to major areas of planning risk and severely hamper the development prospects. Our in-house team of specialist surveyors provide a full consultancy service as early as the pre- acquisition and feasibility stage, progressing through planning and concept design, to on-site delivery.
We aim to highlight all potential issues and provide both practical and commercial solutions towards achieving maximum development potential and ensuring statutory compliance. We advise clients from all property sectors on small to major development schemes. We deal in all aspects of Neighbourly Matters including: Crane and Scaffold Oversailing, Rights of Way, Rights of Light and Daylight and Sunlight, Party Walls, Ransom Strips and Access to Neighbouring Land. We advise both Building Owners and Adjoining Owners and act as third surveyors; we are recognised within the profession in this specialist area and our surveyors offer expert opinion and can provide litigation support.