Los Cubos, Calle Albacete in Madrid, Spain

We were engaged by the funder to act as the project development monitor for a 18,324 sqm office refurbishment. 

Client Deutsche Bank AG
Sector Offices and business space
Size 18,324 sq m
Services Development Monitoring

 

We were engaged by the funder to act as Project Monitor for the refurbishment of a landmark office building in Madrid.

In the initial stages of the project, we carried out an assessment of the procurement method (traditional bills, spec and drawings procured in two phases: demolitions and main works). This included a red flag report and an initial report where we identified opportunities and concerns and outlined any relevant comments. Following this, we issued interim monthly reports including
drawdown recommendations.

Throughout the process, we have anticipated various programme and cost risks and provided the funder with detailed information about these. By applying our technical expertise, we have contributed significantly to the success of the developer’s management of the project.