More and more, public institutions, real estate companies and infrastructure operators, are getting involved in singular operations, therefore having to face the high technical, operational and environmental complexity that characterizes them. In such a context, operation's success implies knowing how to satisfy a number of diverse, often conflicting, interests that vary according to the time, place, and agents involved. Our first-hand experiences have led us to prioritize strategic and adaptive capacity as key factors in achieving success and, consequently, we strive to enhance these skills in our client.
We have conceived Mg Urban as a service in which, based on our experiences and together with the client, we develop a tailored operational model representing all its operative and contextual aspects, the bio-physical and social environment economic in which it takes place, the market, program of uses and the definition of the product, the developmental time-programming, the equity structure or the particular interests of the different actors and investors involved, providing optimal operational strategies.
Our model-based approach enables us to dynamically provide our client with detailed information on how to adapt current strategy for addressing changing situations, while always keeping a comprehensive overview. We have developed our enhanced optimization and scenario analysis techniques to exploite the previously developed operational model.
Whether you are a public or private investor, developer, designer or project manager, we can provide you with unique information improving your position during negotiations, which will be useful in the design and conduction of operations towards success.
Ibiza centro was designed in 2005 as an urban planning for the regeneration of the town's center. Since the project involved many different actors as well as raising important infrastructures in the heart of the city and the rehousing of population, it had to face multiple technical and managerial challenges as well as heavy socio-political stressors. Given the great influence of these factors on any assumption regarding plots' availability deadlines, or assets construction and sale's prices and deadlines, it was necessary a decision support system able to inform decision-making despite the deep uncertainty all times surrounding the project.
In this work, we modelled the operation and explored what would happen if it was nowadays developed. Through a correct design and programming of stages and thanks to the selective introduction of delays between actions, it was possible to reduce the overlapping both at investing as in delivering assets to the market, thus avoiding inefficient usage of financial resources as well as market saturation. This, together with analyzing all relevant strategies' prices and deadlines uncertainties, helped us in improving the operation's resilience from a financial and economical standpoint.
Compared with the standard solution, the selected strategy improves the operation's risk performance in the following objectives:
NPV=60.27%; Unlevered Yield=25.62%; Investment=19.48%; Payback time= 25.4%
On the other hand, the operation behaves worst in the deadline objectives, increasing the risk of overall delay by 0,55 years.
Having a model that truly reflects the contextual aspects and the diversity of interests and dynamically provides efficient answers, promotes understanding among stakeholders, helps to focus the discussion within the scope of the possible and facilitates realistic solutions , saving avoidable costs.
Nuestra combinación de experiencia en el diseño y desarrollo de actuaciones urbanas, y de capacidad de modelización y análisis, nos permite representar y evaluar tu operación a través de un amplio abanico de situaciones posibles, identificar riesgos y oportunidades, y plantear alternativas estratégicas que mejoren tu posicionamiento en cada etapa del proyecto, y eviten conflictos innecesarios.
Our combination of expertise in the design and development of urban and infrastructure operations, together with our capacity for modeling and analysis, allows us to represent and evaluate your operation through a wide range of possible situations. We identify risks and opportunities, and we provide optimal strategic alternatives that improve your positioning in each stage of the project, and avoid unnecessary conflicts.
Mg Urban is a Software as a Service (SaS) that provides a better understanding of your operation and its dynamics, as well as an advanced digital platform for exploring and presenting other stakeholders your proposals. Mg Urban affords different solutions with which to give an optimal response to many of the tactical and strategic issues that will come up during the course of your operation