Cushman & Wakefield, Jeddah – November 30, 2015: Rubaiyat, a leading luxury retailer in Saudi Arabia, have awarded a 6 month FM consultancy and transition management commission on their flagship development – Boulevard Mall, to Cushman & Wakefield, KSA.
The project, located on the Kings Road in Jeddah, is the first of its kind in KSA – a climate controlled strip mall hosting 35 – 40 iconic brands such as Gucci, Versace, Armani and many other leading design houses from Europe and beyond.
Phase 1 of the contract, the consultancy commission, covers a number of strategic issues with deliverables encompassing areas such as FM design review, operational service delivery and asset gathering strategies, development of operational policies and procedures, tenant fit out manual, operational budgets and recommendations on CMMS.
Phase 2 of the contract, transition management services, is scheduled to start early 2014 and will include tasks such as the supervision and monitoring of the works plus review and acceptance of ‘as built drawings’ and O&M manuals.
Cushman & Wakefield are currently in negotiations to deliver a TFM style contract for the mall on a managing agent basis.