Development Monitoring

Navigate the complexities of development, ensuring that your investment leads to successful, on-schedule completion.

When funding a commercial development project, you're not merely financing construction; you're investing in a vision. However, this journey is laden with risk and uncertainties that can transform high hopes into high stakes. This is where effective development monitoring comes into play, acting as a crucial safeguard.

Development monitoring is not just oversight – it's a strategic tool to navigate the complexities of development, ensuring that your investments lead to successful, on-schedule completion. Our proactive and vigilant approach in development monitoring mitigates risks, giving you the assurance that you've invested with confidence.

£1bn+

Of development budget monitored

90%

Of our clients have worked with us for five years or more

50+

Surveyors and Project Managers

Our approach

Your investment is our priority. Our approach is grounded in a comprehensive audit and risk assessment framework. We maintain complete independence from the construction supply chain and developer’s broader interests to ensure the milestones and details of the Development Agreement and Agreements for Lease are adhered to.

Proactive Risk Management:

We serve vigilant on-site guardians. Our role involves promptly identifying, communicating, and monitoring risks to mitigate their impact on time, cost, and quality. Identifying risks early ensures that they can be addressed before they have a detrimental impact on the asset.

Expertise & Resource:

Our expert team, ranging from Building Surveyors to Cost Consultants, leverages a vast project portfolio to proactively identify and mitigate risks. We’re adept at discerning various types of risks, assessing their levels of exposure and addressing a range of challenges. When needed, we draw on wider Newmark areas of expertise such as planning, lease consultancy, and project management.

Relationships & Networks:

Our goal is to become an integral, yet impartial part of the project team. While we aim to integrate seamlessly into the broader project team to fully understand the project’s nuances and foster strong relationships, we act with integrity and independence to give you confidence your project outcomes are met.

Our View

We are committed to excellence. We drive value through efficient and comprehensive risk analysis at all stages of a development. Early engagement and analysis of project details enables us to help you identify preventable risks.

Timeline:

Pre-Agreements

Development Agreement & Agreements for Lease

Development Duration

Practical Completion

Project Close Out

Key Contacts

Richard Close

Development Monitoring

London – West End

Emma Burton

Senior Associate - Building Consultancy

London – West End