Approach
EMC worked with the client to develop a series of development principles (underpinning the strategy used to identify and select suitable co-development partners), a bespoke financial model–on which the credibility of submitted proposals was assessed and lead the market engagement for the client
Results
EMC brought clarity and structure in the development plans of a plot size of roughly 1M Sqm and a potential development CAPEX of up-to AED 5B, and thereby enabled the client to approach the market with confidence. EMCs intervention re-invigorated a process that had been dormant for 9 years