DTZ’s expert consultancy advice on the King Abdullah Financial District in Riyadh.
Overview
Having developed an initial master plan for the King Abdullah Financial District in Riyadh, the client subsequently required DTZ to provide advice regarding how best to take the project to implementation stage.
What DTZ did
DTZ provided initial consultancy services to prepare a customer needs analysis for the development of the King Abdullah Financial District.
The subsequent assignment required DTZ to provide a master plan critique, investment strategy and advice, property and facilities management advice, marketing services and an entire estate evaluation and recommendation regarding a disposal strategy and pricing policy.
Results
Taking several months of detailed work, involving specialist skills from colleagues across the Gulf and the UK, DTZ was able to provide the client with:
- Recommendations for revisions to the master plan to ensure the development would be market-facing
- Recommended pricing levels for the various parcels of land/buildings
- A detailed marketing strategy with budgets, timelines and RFPs
- Advice on a company structure suitable to carry out a development of this scale
- Direction and advice on the property management, facilities management and service and estate charge regimes