Our client was tasked with the mandate to enable a cross–governmental committee, overseeing the real estate sector performance and stability, with the necessary framework to plan and govern sector developments. The objective was to equip the committee with the necessary strategies for ensuring optimal real estate sector projects planning, stabilizing the sector performance and balancing between supply and demand.

We kick-started our engagement by analyzing the committee objectives and mandates as well as the key sector challenges and pain points. We also evaluated the sector performance and value chain in comparison with global benchmarks across commercial, industrial, retail, hospitality and residential developments.

We then designed the real estate sector qualification process using collaborative approaches with master developers supported by advanced automation and urban simulation technologies and sub-sector experts panels that would evaluate market developments fit inline with existing developments, future master plans and government priorities and focus areas.

We also identified the key governance controls needed to maximize the sector value and mitigate risks and developed detailed governance guidelines to control prices, simulate demand, control supply and monitor stability. The governance framework was further enriched by a target real estate sector platform wireframes and architecture to automate data aggregation and reporting.

As a result of our work our client was able to obtain the committee’s endorsement on the sector planning and governance approach and assign clear qualification criteria to plan developments in line with the city master plan. The governance guidelines and platform was assigned to multiple governmental stakeholders for implementation immediately.