Cost Advisory

Plan and control cost, manage risk and buy value

Our global cost databases are amongst the largest in the commercial real estate world. That gives us a profound understanding of construction costs, the construction market and the many factors that drive cost.

We can anticipate and mitigate the risks that come from rapid changes in economies, supply chains and manufacturing, helping to reduce their impact on your project budget. You might see this volatility as a risk, we see it as an opportunity for you. One that we can unlock. 

Our board level relationships with the supply chain means we can get your project the attention it deserves and the team it needs to make sure it’s completed successfully.

These are some of the ways we can add value to every stage of the project lifecycle:  

• Driving cost certainty and good governance at both project and portfolio level. 
• Providing insights from our global cost database, in areas like international, national, and local benchmark costs for different project types. 
• Optimising expenditure to focus on value for money and cost saving. 
• Improving our clients decision-making capability through data analytics. 
• Mitigating risk through the implementation of prudent financial oversight. 
• Driving savings and promoting continual value management.

Services

Capital Planning

We align your planned project pipeline with your broader strategic goals to prioritise expenditure on projects, and drive efficiencies through improved resource planning and capital forecasting. A properly implemented and well-maintained capital plan protects your assets from risk - and optimises the impact of what you spend each year.

Cost Consultancy

Reliable and transparent cost planning and cost control driven through risk mitigation, value engineering, cost saving measures, optimal buying and risk-based procurement strategies. Our hands-on construction market experts bring greater rigour, governance and cost control to decision-making for clients, with specific emphasis on reducing the total cost of ownership and capital expenditure at project and portfolio level.

Reinstatement Cost Assessment

Work with the reinstatement cost assessment experts. We make sure you get the right insurance cover for the best price. We help you avoid being under-insured because it exposes you to potential losses in the event of a claim, and make sure you don’t pay too much if your property has been over-insured. We are one of only a handful of businesses in the world with a team dedicated entirely to RCA’s. Our team is one of the largest.

Overview

Capital Planning aligns your capital investment with your real estate strategy.

It gives you fingertip control of cross-portfolio asset replacement, enhancements or upgrades, and establishes new, refurbishment, relocation, and consolidation demands.

Capital planning unlocks the power of strategic decision-making which underpins effective investment allocation. It is fundamental to capital management.

Working closely with our investment advisory team enables us to provide advice in added value transactions.

Our approach is based on evaluating development options, implementing site studies, concept design, master planning, construction costs or even setting the brief for re-development schemes. 

Services provided

• Prioritised data collection
• Alignment of projects and real estate strategies
• Existing process audit and efficiency planning
• Capex cashflow P&L forecasting
• Capex management monitoring and financial reporting tailored to the client’s requirements
• Commercial cost management, assurance and governance
• Urban Planning Analysis
• Development Potential
• Market Design Standards For Office, Logistic And Residential

Overview

The right reinstatement insurance cover for the best price. 

Safeguard your property assets with the right level of insurance cover. It’s a vital risk management measure for every owner, investor and occupier. One of only a handful of businesses in the world with a dedicated Reinstatement Cost Assessment team, our market experience, effective delivery and reliable advice gives you a vital level of protection. Single properties or portfolios, our access to unique cost data and deep industry relationships give you the right answer every time.

Our services

Our goal is to protect you from the risk of financial loss and save you money on insurance premiums.

Plant and Equipment

Rely on our expertise in a sector where plant and machinery assessments can be wrong by as much as 50%. You won’t know until you make a claim, so the impact could be significant, as well as unexpected. 

Indicative RCA’s

Need a quick, non-reliance-based view of reinstatement costs? We can provide a high-level desktop view from available information.