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Consultancy firm T&A will provide PM and CM services on food & beverage projects taking shape across Dubai and Abu Dhabi
International project management and cost consultancy firm, Thomas & Adamson (T&A) to deliver project management (PM) and cost management (CM) services on four new food and beverage projects taking shape across Dubai and Abu Dhabi.
The four projects have a total area of more than 4831 sqm.
In the Dubai Hills district, T&A is spearheading PM services for two F&B ventures. Collaborating with Hotaru Holdings and interior fit-out specialist A&T Group Interiors, T&A is playing a pivotal role in bringing to life distinctive restaurants, spanning a combined space of 650.3 sqm. The consultancy establishments are poised to make a notable impact on the rapidly expanding F&B landscape of the UAE.
Meanwhile, T&A will also provide CM services for an 1414 sqm. project in collaboration with Caprice Holdings, renowned for owning some of London’s most esteemed F&B venues. Situated within the financial hub of Dubai’s DIFC, the mission for this project is to echo and amplify Caprice Holdings’ legacy of culinary distinction, with the intent of reshaping Dubai’s dining sector. This venture represents Caprice Holdings’ debut entry into the UAE’s vibrant F&B scene.
In Abu Dhabi, T&A is working closely with an F&B asset owner and the broader supply chain, delivering both PM and CM services, to ensure a landmark 2787 sqm. project is delivered in line with the client’s expectations. The project is expected to achieve the Estidama Pearl 2 rating.
Rudolph van Wyk, Director at Thomas and Adamson Middle East
Commenting on the project, Rudolph van Wyk, Director at Thomas and Adamson Middle East, said: “Construction costs which include materials, labour etc. have increased by 8 to 12 per cent year-on-year from 2020 to 2023. Cumulatively, that amounts to the cost of construction increasing by between 28 to 35% compared to pre-pandemic levels. This has had a significant impact on project budgets and stakeholder margins, which were already under pressure pre-pandemic. This means it’s absolutely essential that projects are delivered meeting quality standards, and agreed timelines, whilst remaining on budget.
“Taking into account our successful track record, the experience our team possesses with bringing projects in Europe, the Middle East and the United States to successful fruition, and our highly collaborative approach, we are on track to exceed our client’s expectations across these four new builds.”
PM and CM consultancy services prove essential to success, in light of increased construction costs
Post-pandemic, the built environment has had to grapple with numerous supply chain challenges, including logistics bottlenecks and rising costs; supply-demand imbalances; shifting material preferences; extreme weather events; global conflicts, and even labour shortages. Driven by diverse factors, these supply chain issues have had a pronounced effect on construction costs; in late 2022, one of the largest developers in Saudi Arabia, Dar Al Arkan, said it was forecasting a 15 to 20 per cent rise in costs in the next 12 months.
This ongoing expansion of both local and international F&B concepts demonstrates the robustness of the F&B sector in the UAE. According to a Mordor Intelligence Foodservice market report, the UAE’s food service sector is valued at US $12.46 million in 2023 and is forecasted to grow at a CAGR of 4.8% to $15.76 million in 2028. The report said that high disposable income, rising tourist arrivals, increasing urban lifestyles, and evolving consumer preferences have propelled the growth of the food service market in the country.
“Thomas & Adamson is honoured to work with its clients in both Emirates on these exceptional F&B projects. While projects differ from each other, each will contribute significantly to the UAE’s thriving F&B sector, and we are pleased to be a part of their development journeys. F&B projects are complex and require a substantial commitment from every stakeholder to ensure that quality, time schedules, and budgets are maintained. Applying our experience as a global business has enabled us to achieve continuous success on a variety of construction builds for over 85 years and we are confident our exceptional service offering, and experience will guide these projects to successful conclusion,” added Wyk. |
