INTELLIGENTLY
- A primary goal, to assist in how we are going to deliver this, is to leverage our skills from our ‘in house’ property consultancy and experience, ensuring class returns on investment on all our developments, whether exit strategy be to sell or retain, and further, ensuring only high performing assets are created to give class leading ROCE/ROI.
- Robust Investment Appraisals, and thorough due diligence reports are something we undertake.
- Our views on what qualifies as an Exemplar ROI, is a view built from commercial acumen running successful construction and development businesses.
- Evabode believes that all projects should be designed with the environment in mind. We ensure that we create a project team of respected design and construction specialists, manage them through the project lifecycle pre and post commencement ensuring design, procurement and construction processes are managed correctly via our ROM meetings in a ‘look ahead’ early warning manner similar to NEC forms of contract.
- The net result is efficiency in the build whether new build or conversion and refurbishment of existing. Andrew is the driving force behind the project management of this process. Our approach to developing is highly strategic. Evabode aims to create opportunities that are sustainable, eco-friendly and low maintenance design that fulfil the target market and exist strategy.
- Evabode are both relationship and opportunity driven, so look to source opportunities ethically where we can ‘add value’ in creative, intelligent ways. Our approach is not to limit opportunity to a specific asset class or geographical area, albeit our principle areas include the wider Midlands including Lincoln and the Northern powerhouse Cities. Our management company is Lincoln/North Notts based.
- Evabode understand risk and opportunity in property from all perspectives, client, constructor, end user and have some excellent industry contacts built up over the years.
- From our in house consultancy and industry experience we have a systematic Risk and Opportunity assessment that we use on all developments. This models both risk and opportunities and informs actions providing a key PM tool as well as an up to date risk pot model.
- VC involves skills at the design stage of the build process, primarily involved in maximising GDV in consideration of the ROM model. VE is more concerned with efficiency in specifications and cost cutting.
- Our Principle Activities are:
- Refurbishment and remodelling property via the BRR model, to provide high yielding Serviced Accommodation and Co-living/HMO units, strategically tailored to a varied pallet of end user clients.
- Refurbishment, remodel and repurposing commercial property in it’s many forms, to add value primarily conversion to residential dwellings.
- New build construction of ‘build to sell’ OR ‘build to rent’ apartments and houses, tailored to the market offering best balance of risk and reward.
- Our strategy is to develop the highest performing assets, ensuring that we make profit through realising our objective.
- Evabode are opportunity led NOT target led. This does not mean we are opportunistic, more so intelligent in how we assess assets to add value. We do not limit ourselves to one asset class, nor geographically.
- One of our golden rules is that we do not set business targets that could risk compromise to our strategy, namely: only to develop the highest performing assets, including a minimum target expectation of 25% + return on GDV and rounded assessment of all Risk and Opportunity. This ensures that we always ‘under promise and over deliver’, with any selected and fully risk managed opportunities that initially must pass our robust viability appraisal process and due diligence.