Sweett Group. Continental Europe

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1 Sweett Group Continental Europe

2 Introduction Sweett Group is a global business with expertise in property and infrastructure professional services. Our services include cost management, project management and advisory services. Clients tell us that we are experienced, professional and collaborative in our approach. We aim to forge long term, successful relationships with all stakeholders in the property and infrastructure industry. With 55 offices worldwide, employing over 1,500 professionals, Global knowhow, local delivery is the essence of our business. Our reach enables us to put global knowledge to use in the local markets we serve. Sweett Group has been present in Continental Europe for over 30 years. Our operational hub is located in Madrid, Spain and we currently have project offices located in Milan, Italy and Paris, France. We employ multi-lingual consultants and work on projects with directly employed staff in Spain, Portugal, Gibraltar, Italy, France and Turkey. Our resources are sometimes supplemented through formal collaborations with local practices allowing us to combine Sweett Group service delivery models with local knowledge and expertise. Westin Palace Hotel, Spain

3 Overview Cost management About Sweett Group an independent consultancy reliable advice and expertise focus on quality and certainty risk awareness and management flexible approach speed of response communication and team ethos maintenance of reputation Key differentiators Personal approach We want our clients to know that we are delivering the best on every commission. Every client is treated individually and we ensure that each client receives personal, flexible and bespoke advice. Promoting a sustainable environment From the way we operate our own business via the skills we provide and through to the way we advise our clients, our people are committed to the sustainability and protection of the environment in which we live and work. Committed to innovation Our company has a history of innovation. Its founding father is cited in Building Magazine s Hall of Fame as among the 20 most influential people in the construction industry over the last 85 years. This tradition is continuing through Sweett Group s leadership in such fields as effective cost savings, risk minimisation, sustainability and our ongoing development of new service streams to satisfy ever changing market and client priorities. Sweett Group is one of the world s leading cost management consultancies and has been delivering high quality cost advice and management for over 85 years. Our knowledge is both diverse and comprehensive and our international network enables us to combine local knowledge with our global best practice. Our fully integrated approach enables us to eliminate risk at every opportunity and maximise the efficient delivery of a project. We are committed to the delivery of outstanding value-added services and continue to set industry benchmarks. Our services: feasibility & master planning cost planning & pre contract cost control procurement & contract advice tender documentation and evaluation post contract cost management benchmarking value engineering risk advice life cycle costing insurance valuations claims management An entrepreneurial spirit Our entrepreneurial approach is born of our commitment to build the financial strength of our business, continually increasing value for our stakeholders. We apply this same approach to our clients businesses. We have a unique employee ownership culture; recently becoming the first firm of our type to become a public company. Plaza Norte, Spain

4 Project management Advisory services Successful project management requires a combination of leadership, motivation, and rigorous administration to ensure that the planned project outcome is achieved no matter how complex or extensive the scope of works. At Sweett Group, we have built an enviable reputation for providing exemplar project management services on a diverse range of projects in a number of specialist sectors globally. Our approach is based on a defined methodology structured around the Sweett Group PM Toolkit addressing the specific project requirements from inception to completion and handover, and drawing on established techniques to plan and control the outcome and to identify and mitigate risks. We boast experienced and professional project management teams worldwide, all of which are led by directors with specific sector expertise and vital local knowledge. Each team is equipped to provide order and leadership in a fast-paced dynamic environment and trained to manage and control the changes inherent in any capital project. Our project management services: pre-contract management development management programme management programming and planning employer s agent contract administration retail delivery due diligence and fund monitoring The effective delivery of property and infrastructure related projects requires a combination of multiple specialist areas of knowledge. At Sweett Group, we offer a diverse range of advisory services complementing our core offers. These services are offered both as stand-alone services, direct to clients, or as an integral part of the way Sweett Group delivers projects. In all cases, they give clients the ability to deal with the increasing complexity of projects and the need to ensure that property assets are used to maximum efficiency. Our services: building surveying community & stakeholder consultation CDM co-ordinator dispute resolution due diligence energy services EU procurement processes expert witness facilitation services framework set up & management health & safety high performance buildings management consultancy operational commissioning project procurement & implementation strategies This allows us to approach each project with the confidence that we can deliver leadership, innovation and project ownership to our clients. We have established a number of intranet based system tools to provide best practice guidance to ensure that our projects are managed consistently throughout the Europe and worldwide. project audit & recovery research risk management sustainability consultancy training Marriott Champs-Elysées, France Son Espases, Spain

5 Experience: Italy Hilton Milan Villa Saletta Miagola Caffe Client: Hiton Worldwide Services: Project management, feasibility studies, cost management, employer s agent, risk control, programme management and FF&E Location: Milan, Italy Hilton Milan is a 4 star hotel with 320 guestrooms located close to the Central Station of Milan. With a view to Expo Milan 2015, Hilton Worldwide has started a development project that comprises a full refurbishment of the meeting rooms, business area, guestrooms, lobby and restaurant. In addition an existing retail unit adjacent to the hotel has been converted into a new 400m 2 ballroom. From the inception of the project, Sweett Group was appointed for the project and the cost management, as well as other services including procurement control of the FF&E, quality monitoring, risk analysis and monthly reporting to the client. As the hotel had to remain operational throughout the works, Sweett Group worked in close,,co-ordination with the hotel team. Client: Villa Saletta s.r.l. Services: Cost management and risk management Location: Tuscany, Italy Development of an exclusive 125 key hotel together with residential accommodation including restoration of an historic Borgo in the heart of Tuscany spanning 16,000m² and new build residential construction of 6,350m². The development includes a sophisticated health and wellness spa, gourmet food and wine facilities, restoration of a baroque chapel and new build function facilities. The scope of works also includes extensive external works, urbanisation works and creation of a new energy centre. Client: Miagola s.r.l. Services: Project management, cost management and CDM-C Location: Turin, Italy The project entailed hard refurbishment of a cafè, including civil and carpentry works, new FF&E fit-out and electrical rewiring. The project was delivered to tight timescales whilst achieving high quality and including the several design changes requested by the client. During the design phase the client requested a significant reduction to the budget. In order satisfy this new requirement; a value engineering proposal was developed that satisfied the client needs.

6 Experience: France and Monaco GAP, France Ascott Citadines Origami Building Le Labor Building Client: GAP Client: Ascott Limited Client: Barclays Capital Client: Barclays Wealth Services: Cost management Location: various, France Sweett Group was appointed by GAP to provide a wide range of cost related services on its extensive store development programme. On a number of projects, the work was extended to include extensive renovation of the existing building fabric, as well as the interior services alterations and interior fit-out works. Sweett Group prepared cost plans for approval, operational cost reporting and cost management services throughout the project to completion for this significant and established high profile client. Services: Sustainability Location: Paris, London and Munich Sweett Group has been engaged by Ascott Limited to determine the costs of improving the environmental performance of future Citadines hotels, focussing on improving the BREEAM environmental assessment rating and reducing overall energy consumption. Our research provided the Ascott Limited with information vital to their development strategy and early stage feasibility assessments. We are currently undertaking BREEAM assessments on two hotels in Paris; the Ascott Arc de Triomphe and Citadines Louvre. Services: Cost management, project management and advisory services Location: Paris, France This project was driven by a lease event which afforded Barclays Capital the opportunity to create a stunning new French headquarters in Paris. This signature building was designed by Manuelle Gautrand Architects and is known as the Origami Building. The works comprised the fit-out of four levels of basement parking, eight office floors, including traders, Grab & Go kitchen facility and meeting room suite with separate catering and the creation of IT facilities. We also undertook Landlord negotiations to enable the completion of the shell and core and managed the fit-out to produce a facility which was fully compliant with Barclay s Global Standards. Services: Cost management and project management Location: Monaco, Principality of Monaco The project involved the fit-out of new offices on the first floor of the Le Labor building in Monaco to accommodate the relocation of back office staff from the Le Splendido building and some staff from the main Barclays Wealth facility in the La Costa building. The Le Labor offices are much closer to the La Costa building enabling easier transfer of staff between the two facilities. A key factor in the success of the project was the proactive and co-operative approach of the project team and the main contractor, RJ Richelmi, who worked closely to overcome problems that arose during the course of the final design and procurement stages.

7 Experience: Spain and Portugal Primark Son Espases Westin Palace Hotel Client: Primark Tiendas SLU / Lojas Primark Portugal S.A. Services: Project management and cost management Location: various, Spain and Portugal Sweett Group has been working with Primark Tiendas SLU since 2007, supporting the retailer s expansion cross Iberia through the provision of project management and cost management services. The commissions initially covered Spain and now have been extended to include a series of retail stores across Portugal. We are also completing Primark s first 5 stores in France. Client: Banco Santander/BBVA Services: Technical due diligence and project monitoring Location: Mallorca, Spain Sweett Group was appointed to provide technical due diligence and project monitoring on behalf of Santander/ BBVA during the construction and operational phases of the largest health project inaugurated in Spain during The project totals over 170,000m² in size and includes a 1,000 bed teaching hospital. Client: Host Hotels & Resorts Services: Feasibility studies, project monitoring, risk analysis, cost and programme control Location: Madrid, Spain Westin Palace is one of the most famous and luxurious hotels in Madrid. After the hotel acquisition carried out by Host Hotels & Resorts, several refurbishing works have been undertaken. These works includes the guestrooms, public areas, meeting rooms and the new ballroom annexed to the hotel with a gross floor area of more than 2,000m 2. Sweett Group was requested for developing an initial cost estimation for the new ballroom and afterward was appointed for developing a full project monitoring, including cost and programme control, quality supervision, risk analysis and weekly and monthly reporting to the client.

8 Experience: Gibraltar Forty7 Casemates Barclays Gibraltar Client: Capital and Overseas Holdings Services: Project management, cost management and sustainability Location: Gibraltar Sweett Group was appointed to manage the design, procurement and delivery process for this new build 7 storey office development of approximately 3,000m 2 located in the centre of Gibraltar. The project comprises the demolition of an existing 4 storey building on a restricted site with elements of the new building adjoining the neighbouring properties. Sweett Group has also been able to bring specialist sustainability advice which has helped the client to obtain a full planning approval. Client: Admiral Bridge Investments Ltd Services: Cost management Location: Gibraltar The client has appointed Sweett Group to undertake cost planning in connection with an office refurbishment project in central Gibraltar. The 4 storey office building will provide around 1,000m 2 of category A office accommodation in the business heart of Gibraltar. Sweett Group s local knowledge of the Gibraltar marketplace has allowed them to bring comfort to the client on both cost and procurement. Client: Barclays Capital Services: Project planning, project and cost management Location: Gibraltar Barclays has appointed Sweett Group to undertake a repositioning exercise for their Gibraltar-based team which involves a detailed option appraisal on the utilization of their existing office premises. Following this process, Sweett Group will project and cost manage the works packages delivery, commissioning and the associated dilapidations packages. Sweett Group s expertise in office relocation projects has allowed us to bring added value to the option appraisal and advise the client on the best option to pursue.

9 Experience: Turkey Turkuazoo Aquarium Conrad Hotel Hilton Izmir Client: Merlin Entertainments Group Services: Technical due diligence and cost management Location: Istanbul, Turkey The Turkuazoo Aquarium was, at the time of its construction in 2010, the largest indoor aquarium in Europe. The Merlin Entertainments Group is extremely active in acquiring and building new attractions around the world and Sweett Group works around the world with Merlin advising on acquisitions and delivering new projects. Our team brought a wealth of knowledge of visitor attraction projects, which we were able to apply to the technical due diligence process. An understanding of how exhibition spaces are used, how the public interact with the exhibits and the operational requirements of such facilities allowed us to add value to the technical aspects of the due diligence process. Client: Hilton Worldwide Services: Cost management and procurement advice Location: Istanbul, Turkey Sweett Group was appointed to provide cost management services for the hard refurbishment of this international 5 star hotel. The 610 bed hotel is circa 60,000m² GIA and features a spa, ballroom, new conference facility, various bars and restaurants. The project involves the complete replacement of all M&E systems. The hotel remained in operation throughout the project. Client: Hilton Worldwide Services: Cost management Location: Izmir, Turkey Sweett Group provided cost management services for the hard refurbishment of 366 rooms including suites, reception, lobbies, meeting rooms, ballroom, restaurants and kitchen. We have since been appointed to provide project and cost management services for the delivery of a rolling programme of guest room refurbishment. The hotel is a 142m tower with 35 floors. It has facilities for events of up to 1,000 people and recreation facilities including a fitness centre, heated indoor pool, squash and tennis courts.

10 Our values Why us? Our values define everything we do. From the manner in which we engage with clients and stakeholders, through to the methodologies we employ and the way we deliver success. The values that form the foundation of our business are: Sweett Group understands that clients select a company with a reputation for delivering quality advice, open communication, sector knowledge and value for money. When you work with Sweett Group you can expect: Collaboration Professionalism Credibility Assurance We collaborate across disciplines, across territories, with our clients, our partners and within our communities. We undertake our work with professionalism. We approach each other with integrity and trust. Our professionalism, knowledge,and creativity are critical to success. We have a history and reputation for delivering successful client outcomes. We deliver every time with integrity and open communication. Client success Expertise Value We optimise our clients investment by understanding their business. We want our clients to succeed. We use our global knowhow and local market expertise to deliver quality advice with local relevance. We optimise our clients investment at every opportunity, to always deliver value for money. Contacts Paul Jamieson Senior Director, Europe T: E: paul.jamieson@sweettgroup.com Cliff Barnes Operations Director T: E: cliff.barnes@sweettgroup.com

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