Cost Advisory

Deep Understanding of Construction Costs

We possess one of the world’s largest cost databases in commercial real estate, giving us a deep understanding of construction costs and the many factors that affect it. Our service offerings throughout the project lifecycle include:

• Ensuring predictability and cost control at both the project and portfolio level.
• Providing insights driven from our global cost database, covering international, national, and local benchmark costs for different project types.
• Optimizing client spend to provide cost savings and avoidance.
• Enhancing our clients decision-making capability through data analytics.
• Mitigating risk through the implementation of prudent fiscal oversight.
• Driving savings and promoting continual value management.

Services

Capital Planning

A properly implemented and attentively maintained capital plan reduces asset exposure and maximizes efficiency of your annual spend. We align your planned pipeline of projects with your broader strategic goals to produce a hierarchy of necessary projects and drive efficiencies through improved resource planning and Cap Ex forecasting.

Cost Consultancy

We enhance accuracy and transparency of client spend through risk mitigation, cost avoidance, cost savings and cost efficiency maximization. Our solutions-oriented experts bring greater rigor, governance, cost control and decision-making capability to our clients with specific emphasis on reducing the total cost of ownership (TCO) at both the project and portfolio level.

Reinstatement Cost Assessments

The right insurance coverage is a fundamental part of risk management for property owners. Our approach is meticulous. We carry out a detailed inspection of your property and give you an accurate cost for rebuilding.

Furniture Advisory

With a focus on how to buy, not what to buy, our Furniture Advisory professionals negotiate furniture discounts and provide transparency into the procurement process. We leverage our extensive database of historical discounts and local vendor relationships, delivering the best value for our clients.

Tax Depreciation Services

Unlocking the value in your real estate investments and identifying tax savings, we identify opportunities to increase year one cash flow for our clients. By identifying specific components of capital improvements through the rigorous review of cost documents, construction drawings and field inspections, we reclassify building assets into shorter class tax lives to find immediate savings.