Our core strength is delivering projects where the circumstances are complicated and our background has been built on successfully completing numerous award winning developments where it was only deliverable through partnerships with local authorities. Our in-depth knowledge of development agreements, compulsory purchase orders and understanding the mechanics of a shopping centre has been instrumental to our success.
We are able to act as development manager on a discretionary or consultancy basis depending on the requirements of the stakeholders. Whether it’s just a feasibility analysis to show if a project is viable or promoting a development on behalf of a partner providing funding solutions with discretionary development management services, we are able to deliver.
We have experience of managing existing assets and use our retailer contacts and development skills to capitalise on any angles involving refurbishment, extension or redevelopment. Whether it’s improving the tenant line-up or relocating tenants, carrying out a complicated head lease re-gears or ensuring that the service charge and the net cash flow are optimised, we can ensure that assets are maximised.
Appraisal and Cash Flow Modelling
Laker Development advises a number of clients on investment cash flow models and development appraisals. A niche skill, we believe that identifying project profitability from the outset is the key to a successful project and we adopt this approach with everything we do. Our cash flow models are bespoke for each client and designed to demonstrate a strong case for capital expenditure for investments or developments using IRR, absolute returns or any method the client wishes to use. We have experience on advising clients with pure equity right the way through to highly leveraged private equity models where a careful and considered approach is required to support business plans and in legal agreements.