The importance of developing and operating real estate is growing for both the private and public sectors. The key issues include how to maximise asset values, position marketable products, adopt suitable development models, and ensure smooth operation and profitability after completion. Our dedicated Real Estate Strategic Consulting team is supported by our audit and assurance, tax and legal services, and advisory practices. We also provide professional services in leasing and renting to help clients to create add-value from various types of assets.
Public sector has several approaches to real estate development with different regulations, including government-led urban renewal, joint development, promoting private participation in public construction, establishment of superficies, lease by tender, sale by tender, and co-construction.
Public sector puts land out to tender under various development models to attract private investors/operators. However, considering the complexity of regulations and tender documentation, along with keen competition between investors, beating other competitors and winning the rights to development are the key points for private sector entities to obtain developable land.
Nowadays, corporate managers are facing the crucial issues of revitalising corporate assets and requesting satisfactory investors/developers/operators.
Property disposal is another approach of revitalising your company assets. Sufficient capital raised from disposals provide companies an opportunity to invest in other properties or upgrade your assets. Maintaining the best real estate portfolio is also a key issue for modern business managers amid diversified markets.
Real estate market is dynamic and largely affected by supply and demand, government policy, global economics and monetary policy, and force majeure factors (like Covid-19 etc.).