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Our Services
Consulting
To evaluate the design of a property to ensure it aligns with functional requirements, local regulations, market trends and multinational standards when applicable.
- Architectural drawings and specifications review
- Complete design value engineering
- Mechanical, electrical, and plumbing (MEP) system evaluation
- Accessibility and compliance review
- Sustainability and energy efficiency analysis
- Recommendations for design improvements or modifications
HBU Study (Highest and Best Use) To determine the optimal use of a property to maximize its value and potential returns.
- Market analysis to identify demands & trends
- Site evaluation for functionality and constraints
- Financial feasibility analysis of different use cases
- Regulatory and zoning considerations
- Recommendations for highest yielding sustainable uses
To evaluate a property's physical characteristics, strengths, weaknesses, opportunities, and threats.
- Site inspection and physical characteristics assessment
- Environmental due diligence
- Infrastructure and utility availability
- Market analysis and competing offerings
- Identification of potential risks and challenges
- Recommendations for improvement/mitigation strategies
To gather information about the property market, including demand, supply, pricing trends, and competitive analysis.
- Market segmentation and target audience identification
- Competitive analysis of similar properties
- Rent and sales price analysis
- Economic and demographic trends analysis
- Market forecasting and future trends prediction
To create a financial model to assess the profitability and feasibility of a property investment.
- Revenue projections based on rental income, property appreciation, and other income sources
- Expense projections, including operating costs, maintenance, and capital expenditures
- Cash flow analysis and return on investment (ROI) calculation
- Sensitivity analysis to assess risk factors and potential outcomes
- Financial modeling tools and software utilization
To provide guidance on the acquisition and disposition of property assets.
- Due diligence and risk assessment during acquisition
- Negotiation of purchase agreements and terms
- Financing options and capital structure analysis
- Property valuation and pricing strategies for sale
- Marketing and sales efforts
- Legal and regulatory compliance during transaction
Property Management
Overseeing property operations, maintenance, and strategic solutions to optimize asset value.
- Management & follow up of all FM, Security & outsource service providers' responsibilities
- Review and manage all contracts related to parties managed by Namaa SPACES including tenant request, complaints & satisfaction level.
- Regular inspection of premises, maintenance schedules, best practices within the managed spaces.
- Draft, approve and enforce building rules & regulation as well as preparing quarterly reports & analysis.
- Enforce fit out rules & regulations to preserve the building identity and safe environment through reviewing all drawing packages and modifications as well as physical work permits related to fire alarm, fire fighting, electricity and HVAC.
- Creating additional revenue streams when and where possible within the property.
- Handling all day-to-day operations & handover processes for new lease or terminated contracts.
collection follow up, providing financial planning, analysis, and reporting to support informed decision-making.
- Guarantee a well-organized systematic collection process for Lease, Service Charges, and all other related revenue channels.
- Collection follow up on behalf of the landlord.
- Weekly Aging Reports.
- Managing Utilities payment to Governmental Authorities till its Collection from the tenants, whenever imposed.
- Prepare annual forecast reports for Revenue.
- Providing Actual Vs. Budgeted Cashflow Reports were related to area under management.
Overseeing property operations, maintenance, and strategic solutions to optimize asset value.
- Suppliers screening and Service market benchmarking prior to negotiations and selection.
- Monitoring of supplier data to ensure that suppliers comply with Namaa SPACES standard.
- Monitoring of contracts to ensure adequate supplier performance.
- Developing supply options and contingency plans that support the property goals.
Overseeing property operations, maintenance, and strategic solutions to optimize asset value.
- Drafting a preliminary set of agreements; tailored to fit the client's business & lease purpose in accordance with market norms.
- Negotiating all provisions of agreements with the tenant.
- Review tenant’s legal documents.
- Provide final execution versions of agreements after deal closure.
Engaging with government agencies for managing all communication, licenses and advocate for the company's interests.
- Managing the process needed to renew property permits and operation licenses.
- Handle all government communication, request & correspondences related to the premises on behalf of the landlord and upon his request.
Ensuring a safe and healthy workplace, minimizing environmental impact, and promoting sustainability.
- implementation of advanced Health, Safety and Environmental Protection System in line with the Tenant’s HSE Policies that strive to establish a risk free, safety-oriented working environment, protecting the well-being of all the Asset visitors and employees by keeping the internal environment Risk-Free and Un-polluted.
- Regular inspections of work areas under Namaa SPACES contractual jurisdiction.
- incident investigations and reporting followed by corrective measure to ensure that the issues in question do not reoccur.
- Execution of emergency plans and evacuation procedures.
- Moderate emergency response and evacuations drills.
Managing and controlling the creation, review, approval, and distribution of documents to maintain accuracy and compliance.
- Controlling the document flow to and from tenants, service providers, governmental agencies & authorities.
- Archiving of all licenses, permits, detailed drawings, and all related document trails in soft forms.
- Keeping accurate historical trails of each document with original proof of delivery to any third party for all documents received and signed for by Namaa SPACES.
Leasing
Managing lease agreements, tenant relations, and strategic leasing initiatives to maximize rental income.
- Comprehensive Tenancy Management Including Sourcing, negotiation and Contractual Agreements.
- Leasing cycle management starting from Tenant mix study till signing of the Lease contract.
- Contracts renewal Processes management with tenants.
