If bricks and mortar retailers think they just have competition from online shopping sites to be concerned about, then they need to think again, and fast, according to DMA Partners Associate Angus Jarmer.
Once considered the domain of the military and sci-fi films, artificial intelligence (AI) is coming at the retail sector like the proverbial freight train.
“AI is here and it’s expanding fast. It’s all about enhancing the customer experience, or CX if you like to use the latest jargon, through empowerment and accessibility,” Angus said.
Brisbane is set to become a New World City. Up there with the likes of Barcelona, Miami and a handful of other cities, Brisbane is poised to elevate itself into a new league: a world league.
Supported by the Brisbane 2022 New World City Action Plan, there’s no denying that many parts of Brisbane will look different in five years’ time. And while these exciting times will breathe energy into our city, DMA PartnersManaging Director Ryan Andersen also believes inner-city landlords and food retailers will need to invest and adapt, or be left behind.
Almost a year after the completion of a commercially-led redevelopment of their clubhouse facilities, Wests Rugby Union Club has enjoyed a lift in memberships, revenue and a shift to a more diverse customer base.
DMA Partners Associate Angus Jarmer said successful redevelopment hinged on taking into account the commercial outcomes the process would deliver.
“What we often see with clients looking to redevelop their assets is the desire to make cosmetic changes without any concept of how those changes will affect their bottom line,” Angus said.
Clients adopt a contracting model dependent on the risk profile of their project. This can be influenced by the project’s technical complexity, the existence of high community and environmental sensitivities, or simply the sheer scale of what is to be delivered.
While there are many ways to manage a project’s risk, DMA Partners Associate Director John Dobrenov is a strong advocate of the Early Contractor Involvement (ECI) model, where clients reap the rewards of introducing real world constructability into the process as early on as the schematic design phase.
DMA Partners has recently added to its already experienced and knowledgeable team, ensuring that the company evolves and improves on what we currently provide to our clients and key stakeholders.
Wendy Konstas joins the DMA team as executive assistant and marketing coordinator. Wendy started her career in the legal sector, before working across a variety of industries including construction, engineering, health, architecture and government.
Nick Berndt also joined the team recently as development analyst. Nick holds a Bachelor of Architectural Studies and is on track to complete a Bachelor of Property at Bond University by the end of 2017.
The past month marks a significant change for retirement village owners and those living in retirement communities with the announcement of an 8-point improvement plan by the Property Council of Australia.
DMA Managing Director Ryan Andersen couldn’t be more supportive of the improvement plan saying that retirement living is an extremely active sector in the property market at the moment.
DMA Partners believes that every successful project is founded on a strong base of economics, financial forecasting and project structuring.
After 20 years in the property and construction industry, Managing Director Ryan Andersen is still surprised at how many development projects go ahead without the fundamental planning that every project requires.
With the digital revolution well and truly arrived, and a huge range of products pushed through our mobiles to us every day, it’s only natural that people start to question the significance of ‘bricks and mortar’ and the value of the retail property asset.
DMA Development Manager David Cramb said that when you think ‘bricks and mortar’ versus digital retail it’s hard not to think Amazon; the ‘poster boy’ for global online retailing and juggernaut of digital disruption.