Real Estate Consulting
It is a growing trend that firms are utilising consultants’ expertise…
Real estate consulting firms provide professional services across different expertise including engineering, design and architecture, urban planning, construction, project management and asset management. The top international consulting firms have a strong presence in the Middle East and collaborate with major projects and developers.
It is a growing trend that firms are adopting a lean structure and utilising consultants’ expertise across different functions. Saudi Arabia, driven by the Vision 2030 program, is the largest consumer of consultancy fees in the region as Saudi’s Vision 2030 continues to push the kingdom to a more diversified economy including tourism, technology and healthcare.
In the UAE, Expo 2020 has been helping to drive the demand for consultancy work – not only on the Expo site but for other developments across the Emirate including infrastructure. This looks set to sustain following the most recent announcement of the ‘UAE Projects of the 50’.
In 2019 Cooper Fitch saw the GCC consulting market achieved close to double-digit growth…
Qatar looks set to host the FIFA World Cup in 2022 which has been fuelling consultancy work over the last couple of years. Beyond 2022, the economy of Qatar remains unclear. However, with diplomatic relations restored between Qatar and UAE, KSA, Bahrain and Egypt, this will help with further growth.
In 2019 Cooper Fitch saw the GCC consulting market achieved close to double-digit growth with revenues of $3.3bn. In 2020, Saudi Arabia’s consulting market grew to $1.6bn. With the sovereign wealth fund of Saudi Arabia value of assets expected to reach SR 4 billion by 2025, that demand is set to sustain if not grow.
Positions the firm has placed in the GCC in the last 6 months…
Director of Construction
Director – Design Management
Director – Urban Planning
Director – Facilities Management
Director – Head of Master Planning
Director – Civil & Infrastructure
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