Jlp development consultancy
Astute site selection • meticulous due diligence • risk management • value engineering • efficient and transparent reporting • asset management
Student Accommodation
Formally Director of Acquisition & Development during six years with Unite Jim Pike has a wealth of specialist knowledge and is well placed to advise on student schemes and potential sites and situations.
With a wide network of contacts with Universities and Institutions; specialist professionals; planners and politicians; and particularly strong market knowledge in Scotland and the North East of England - JLP Development Consultancy provides specialist bespoke consultancy advice.
Value Added Services
Site identification and assessment;
City specific student market and investment backdrop;
Competitor benchmarking and market headroom analysis (bed numbers / rent);
Market evidence on rents and terms, including any summer letting;
Assumptions on FM costs from operational and valuation perspectives;
Advice on any commercial space and rents and yields that may be achieved;
Commentary on yields currently applying to student developments in the given city, so that an informal view on valuation can be suggested;
Review of scheme with guidance on amendments to meet prevailing planning / building warrant / HiMO requirements in conjunction with relevant sub-consultants;
Suggest scheme amendments to reduce cost and drive value from layout / mix proposed;
Comment on build cost; Total Development Cost; and build methodology / programme – leading to a view on equity and debt requirements;
Review of site specific locational properties and potential corporate interest;
Discussing sale or lease to Universities and Colleges of stalled residential schemes.
Management Services
Site acquisition and negotiation;
Completion of banking and construction due diligence;
Development Management;
Nominations and other occupancy agreements;
Business Development and Stakeholder relations;
Estate Management for remotely based clients