Investing in real estate has always been perceived as a safe way to grow wealth on the long term. For investors, property is a treasured asset that retains and increases in value over time. Nonetheless, many property investors don’t have the time or expertise to handle the complexities of development projects in a matter that ensures the project’s success and safeguards their best interests.
Even when the project’s prime location is a guaranteed win, property development remains an intricate journey that could be hindered by multiple risks and hurdles along the way, jeopardising the owner’s vision and investment value. Consequently, investors have been increasingly resorting to industry experts who are capable of seeing their project through and overseeing the entire development process with minimum interference from their end.
This is how real estate players like Royal Development Company, which boasts over fifteen years of industry experience, succeeded in becoming a partner of choice for high-net-worth individuals seeking reliable, professional and trustworthy owner representation and development management services, from inception to completion.
As a leading player in this field, the role of Royal Development Company has been pivotal in the delivery of world-class real estate assets and transformative projects that meet the highest industry standards and shape the real estate landscape in over fifteen countries. This has allowed us to repeatedly achieve owners’ goals and objectives, while helping them maximise return on investment through sound business practices.
The real reason why Royal Development Company has been able to stand out in owner representation and development management, is the adoption of a holistic approach in handling the property asset at hand.
While more conventional owner representatives stick to basics, we’ve intentionally extended our scope of work to include everything from project management oversight throughout all phases, to research and feasibility studies, budget and schedule management, stakeholder management, bespoke communication plans, design, risk management and mitigation strategies, requests for proposals and bids, team members appointment, quality management and contract enforcement, and CRM, Sales and Marketing plans on behalf of clients.
This all-encompassing approach, which is customised based on owner’s requirements, along with having a multinational team of talents on board with deep understanding of local specificities, has been key to earning property owners’ trust and unlocking successful property investments, whether in the residential, hospitality or mixed-use realm. Such projects comprise Reem Hills in Abu Dhabi, Albizya Bay – Canopy by Hilton branded residences in Seychelles, Conrad Rabat Arzana in Morocco, Viceroy Kopaonik Hotel in Serbia, and Mallside Residence & Hotel in Dubai with branded apartments by Hilton’s prestigious Curio Collection.
Beyond risk mitigation and sound financial planning, successful owner representatives show readiness to evolve with global real estate market trends through constant innovation in architecture, design, planning and execution. For Reem Heights Development in Lahore, we had to embrace sustainability and climate resilience as integral components of the project’s urban design, devising a comprehensive real estate strategy for a smart and green neighbourhood.
Another example of high adaptability from the Royal Development Company portfolio is Waldorf Astoria Grand Hotel Minsk, which counts as one of the largest international real estate development projects in Belarus till date, and stands as an example of good integration into the urban planning context through graceful architecture that makes the building seamlessly blend with the environment.
In Greece, for Scarlet Beach Resort & Spa in Petrothalassa Bay, we had to work with nature, striving to find the right ways to incorporate all the latest amenities, infrastructure, and requirements of the hospitality sector in a high-end property without interrupting guests’ relationship with the environment.
Working across different property categories has given Royal Development Company a competitive advantage and earned us an invaluable expertise across the real estate spectrum, making our contributions instrumental in the decision-making process under owner representation. With such an impactful role, owner representatives have become the eyes and ears of owners, paving the way for successful property investments.